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China Daily | Updated: 2023-09-05 00:00
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BASF breaks ground on syngas plant

German chemical giant BASF started construction of its syngas plant at its Verbund site in Zhanjiang, South China's Guangdong province, on Monday, which is scheduled to be up and running in 2025, it said. The company will adopt unique process concepts in the syngas plant to reduce carbon emissions compared to conventional syngas plants, thus contributing to BASF's sustainability goals, it said. The facility will produce syngas and hydrogen for captive use at the Verbund site, which will be BASF's largest investment, with up to 10 billion euros ($10.8 billion) upon completion, as well as the company's third-largest Verbund site worldwide.

Chinese brands top Israel's EV sales

Chinese brands topped Israel's electric vehicle sales in the first eight months of 2023, according to data issued by the Israel Vehicle Importers Association. The bestselling EV brand in Israel is Chinese carmaker BYD, which sold 12,168 cars, mainly the subcompact crossover SUV Atto 3, during the January-August period this year. Meanwhile, BYD moved up one position to fourth place in Israel's overall car sales rankings which include both gasoline and electric cars.

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