In July 2021, BASF, Zhejiang Jiahua Energy Chemical Industry Co. Ltd., and Zhejiang Jiafu New Material Technology Co. Ltd. signed an agreement to expand the production capacity of electronic-grade sulfuric acid in China. The site expansion is expected to be completed by 2023. With this investment, BASF will be more capable of meeting the rising demand for electronic materials in the Chinese market and ensure steady customer supply. Moreover, the development will establish firm presence of BASF in China by building a third sulfuric acid production facility in Jiaxing. Read Our Trending Press Release Below: Hydrazine Hydrate Market Aluminium Foam Market