Berlin, April 22, 2025 (AFP) - BASF exits Xinjiang ventures after Uyghur abuse reports

NAMPA / AFP

2025-04-22

German chemicals giant BASF said Tuesday it had exited two joint ventures in China's Xinjiang region after its local partner was alleged to have participated in rights abuses against the local Uyghur minority. BASF said in a statement it had completed the sale of its shares in Markor Chemical Manufacturing and Markor Meiou Chemical to the Singaporean group Verde Chemical. The German group gave no financial details of the transaction, which was co......

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