Shanghai, China – April 18, 2025 – BASF and Mingyang have come together in a Memorandum of Understanding to drive innovation and create advanced materials and technical solutions that cater to the sustainable needs of diverse industries.

This partnership aims to focus on innovative Power-to-X materials and technologies, enhancing cooperation in technology and business sectors. BASF will provide its strong R&D expertise in catalytic materials and technologies, while Mingyang will bring its expertise in applying materials and technologies research results to Power-to-X equipment.

Together, both sides will work towards advancing large-scale application of green hydrogen, ammonia, and methanol in China. BASF’s innovative solutions, such as catalysts and adsorbents, are the preferred choice for Mingyang in the production of green hydrogen, ammonia, and methanol.

Wang Jinfa, the Executive Dean of the Central Research Institute of Mingyang Group, said, “We are extremely delighted to collaborate with BASF once again. Mingyang and BASF have a solid foundation of cooperation. Not only have we jointly carried out material innovation for the wind turbine blade industry, but we have also collaborated on the development of the first Sino-German offshore wind farm project. I believe that through this cooperation, both parties will leverage each other’s strengths and jointly promote the implementation of large-scale application scenarios for green hydrogen, ammonia, and methanol in China.”

“We are excited to partner with Mingyang to drive innovation,” said Henry Paeckert, Senior Vice President, Business and Market Development Greater China, BASF. “By combining our strengths and expertise, we are confident in our ability to develop new solutions that deliver value to our customers and support them in achieving their sustainability objectives.”

About Mingyang

Founded in 1993, Mingyang is dedicated to innovation and industrial excellence, with a strong commitment to making energy smarter, greener, and more inclusive. Mingyang specialises in the research, development, and manufacturing of advanced new energy equipment, covering clean energy generation, equipment development, and engineering services across wind, solar, ocean, hydrogen, energy storage, and space energy. As a global leader in the new energy equipment industry, Mingyang provides comprehensive solutions for intelligent and sustainable energy.

Mingyang is listed on the SSE (601615.SH) and LSE (MYSE.L). For more information, please visit www.myse.com.cn.

About BASF in Greater China

BASF has been a committed partner to Greater China since 1885. With large production sites in Shanghai, Nanjing, Chongqing and Zhanjiang, as well as a regional research and development hub in Shanghai, BASF is a major foreign investor in the country’s chemical industry. BASF posted sales of approximately €8.6 billion in 2024 to customers in Greater China and employed 12,687 people as of the end of the year. For further information, please visit www.basf.com/cn/en

Ms. Karin Fan
Research Communications Asia Pacific
 +86 21 2039 4411 Send email

Source : Basf

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