09:08 AM EDT, 10/19/2026 (MT Newswires) -- BASF (BAS.F) and China-based Highsun Holding Group, or HSCC, are exploring a potential 50/50 joint venture in the polyamide 6 value chain under a newly signed memorandum of understanding. The German chemicals company said Monday the parties are discussing the merger of their European activities across the value chain, as well as the addition of their global extrusion activities outside North America to the venture. Meanwhile, the engineering plastics downstream businesses of the companies are excluded. BASF and HSCC have set up project teams for the potential collaboration.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.