BASF Takes Stand Against Xinjiang Abuses: Will Withdraw Joint Ventures in Response to recent Media Reports
Xinjiang, China – German chemicals producer BASF has announced its decision to withdraw from its two joint ventures in Xinjiang, following media reports about alleged human rights abuses related to its partner company. BASF’s CEO stated that the recent reports crossed a red line for the company, prompting the decision to pull out of the region. While BASF’s audits did not find any evidence of human rights violations in the two joint ventures, recent reports …