At the signing site, the main leaders in Nanjing met with BASF executives to witness the landing of this foreign-funded project in Jiangbei New Materials Science and Technology Park. As a global chemical leader, BASF continues to expand its presence in Nanjing, with new projects targeting the semiconductor supporting electronic materials track. Leveraging mature industrial supporting facilities in the park, BASF practices the development concept of local production serving the local market, adding new carriers to Sino German industrial cooperation.

Cooperation Background

Nanjing is an important gateway for Sino German economic and trade industry cooperation, and the local area is promoting the construction of a strong industrial city, driving the transformation of traditional petrochemical industry to downstream terminals of new materials. BASF is a benchmark enterprise for Sino German joint venture cooperation, and this landing project can fill the gaps in the integrated circuit industry chain. Nanjing will continue to optimize its business environment and welcomes German companies to deepen their cultivation, promote the co construction of innovation platforms, and explore more cooperation opportunities.

Project Value

BASF stated that this investment is an important milestone in its localization layout, which will further improve the production supply chain and technical service network in the Nanjing region, and match the development needs of the domestic semiconductor industry. After the project is implemented, it will open up a localized supply channel for electronic materials, enhance the resilience of the industrial chain, and provide support for the stable development of the domestic chip industry. Keywords: BASF, electronic materials, semiconductor accessories

Industry Outlook

Relying on the industrial agglomeration advantages of Jiangbei New Materials Technology Park, the project will collaborate with upstream and downstream enterprises to carry out technological synergy. With the landing of foreign high-end material production capacity, the strength of Nanjing's new material industry cluster continues to strengthen, injecting new momentum into the development of the integrated circuit industry in the Yangtze River Delta and creating a model for coordinated promotion of opening up to the outside world and industrial upgrading.Editor/Li Xiaohua