XTRA:BASChemicals
Should BASF’s China Push and Recycling Bets Prompt a Rethink From (XTRA:BAS) Investors?
Encina Development Group recently announced a collaboration agreement with BASF, giving BASF advisory and potential equity-participation rights in Encina’s planned US Gulf Coast circular chemicals facility and expanding access to chemically recycled benzene for its Ccycled® portfolio.
At the same time, BASF has begun operating its Zhanjiang Verbund site in China under a low-carbon, fully renewable power model, while its CEO publicly questions EU carbon-market rules and warns about supply...