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BASF is confident in participating in China's future development. On November 10th, German chemical leader BASF told Shell Finance reporters that relying on BASF's competitive technological advantages and market position in the Chinese market, the company will further develop its local business in China.

Perfluoropolyether oil is a type of lubricating oil with high chemical inertness and high temperature resistance, mainly used in environments that require high temperature, high precision, and high load. Y-type perfluoropolyether oil and K-type perfluoropolyether oil are the two main types of lubricants in this category, with different compositions and slightly different performance and usage ranges.