Chemical company BASF strives for bigger market share in China

FRANKFURT, April 27 (Xinhua) -- German chemical company BASF said on Thursday that it would redouble efforts to strengthen its presence in China.

Speaking at a meeting in Mannheim, BASF CEO Martin Brudermueller said that Chinese transactions accounted for less than 15 percent of the company's sales in 2022, despite the fact that around half of the global sales in this segment were made in China.

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