BASF and Mingyang have announced a partnership in a Memorandum of Understanding to drive innovation and create advanced materials and technical solutions for sustainable industries in China. This collaboration will primarily focus on Power-to-X materials and technologies, with BASF leveraging its strong R&D expertise in catalytic materials and technologies, and Mingyang contributing its proficiency in applying research results to Power-to-X equipment. Together, the two companies will work towards advancing the large-scale application of green hydrogen, ammonia, and methanol in China. BASF's innovative solutions such as catalysts and adsorbents will be crucial in the production of these sustainable fuels. Both parties are excited about the partnership, with Mingyang expressing delight in collaborating with BASF once again, citing their successful past collaborations. They aim to promote the implementation of large-scale application scenarios for green hydrogen, ammonia, and methanol in China. BASF's Senior Vice President in Greater China, Henry Paeckert, also expresses enthusiasm, stating their confidence in developing new solutions that benefit customers and support sustainability goals. Mingyang, established in 1993, specializes in new energy equipment and is committed to making energy smarter, greener, and more inclusive. BASF, a long-term partner in Greater China since 1885, has significant investments in the country's chemical industry. With a focus on sustainability and innovation, this partnership between BASF and Mingyang aims to drive positive change in the energy sector.