Morningstar

BASF, China's Highsun Holding Explore 50-50 Joint Venture

Provided by Dow Jones Oct 19, 2026, 12:59:00 PM

By Aimee Look

BASF and Highsun Holding Group have signed a non-binding joint venture agreement to explore combining European operations for their polyamide 6 business.

The European and Chinese chemical companies signed a Memorandum of Understanding to combine activities in Europe for producing polyamide 6--a polymer commonly used in the automotive, electronics and consumer industries.

Both companies are also evaluating including global extrusion activities outside of North America in the joint venture.

Financial details were not disclosed. The joint venture would be 50-50.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

October 19, 2026 08:59 ET (12:59 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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