BASF has completed a double-digit million euro investment to increase production capacity for Tinopal CBS optical brighteners at its Monthey site. Following phase one of the stepwise capacity increase in 2021, the recent completion of the investment program has now brought significantly increased capacity on stream to...
BASF has expanded the production capacity for its antioxidant Irganox 1010 at its site on Jurong Island, Singapore, by integrating an additional production line into the existing production facilities. “By expanding our production capacity, we respond to the increasing demand, and it allows us to support our customers...
BASF has started up a new methanes ulfonic acid plant at its Verbund site in Ludwigshafen. Demand for methanesulfonic acid (MSA for short) has risen steadily worldwide in recent years. This is also due to growing interest in particularly environmentally compatible products and formulations. In order to meet the growing...
BASF Venture Capital invests in Oceanworks, a sustainable plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. Oceanworks is based in the U.S. and offers a powerful platform for brands looking to reliably secure high-quality sources of ocean, ocean-bound, and...
BASF and Heraeus have agreed to form a joint venture (BASF: 50%; Heraeus: 50%) to recover precious metals from spent automotive catalysts. The new company named BASF Heraeus (China) Metal Resource Co., Ltd will be set up in Pinghu, China. The founding of the legal entity is targeted in Q1 2022, following the approval...
BASF Group significantly increased sales and earnings in the 2021 business year. “It was a strong and successful year for BASF,” said Chairman of the Board of Executive Directors, Dr. Martin Brudermüller, who presented the BASF Report 2021 together with Chief Financial Officer Dr. Hans-Ulrich Engel. “We increased sales...
BASF is now extending the color range of its expanded polypropylene foam (EPP) Neopolen. The new color grade is characterized by a deep light blue and complements the existing range of four bright colors signal red, azure blue, dark green and sunny yellow, in which BASF's EPP has been available to date. Neopolen P 9435...
Electromobility is globally recognized as a decisive factor for achieving climate neutrality. High-performance lithium-ion batteries for electric vehicles play a key role to reach these goals. BASF is a leading player in the battery materials market focusing on high-performance cathode active materials (CAM) and anode...
Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., Ltd.”. The new entity will be majority owned by BASF (BASF 51% and Shanshan 49%). The newly formed company has four sites in Hunan and Ningxia, China, with more than 1,600 employees...
Following the approval of all relevant authorities, BASF has today successfully completed the purchase of 49.5% of the offshore wind farm Hollandse Kust Zuid from Vattenfall. The closing of the transaction, originally expected for the fourth quarter of 2021, was completed earlier than planned. According to the...
