BASF
At the end of May 2025, BASF and Domo Chemicals entered into an agreement granting BASF the right to acquire Domo Chemicals' 49 percent stake in the Alsachimie joint venture. BASF currently holds 51 percent of the shares in the company, which was founded in February 2020. The transaction is subject to consultation with Alsachimie's social partners, as required by law. Both companies expect the...
The chemical company BASF plans to expand its production capacity for ultra-pure sulfuric acid in semiconductor quality. The new plant at the Ludwigshafen site will be operated according to the latest purity standards to meet the growing demand for state-of-the-art semiconductor chips in Europe. The production facility is scheduled to start up in 2027, coinciding with capacity expansions by key...
Germany's largest proton exchange membrane (PEM) electrolyzer has gone into operation at BASF's Ludwigshafen site. The plant, which has a capacity of 54 megawatts, is used for the CO2-free production of hydrogen. It will produce up to one ton of the chemical raw material per hour, which is important for the site. After a construction period of around two years, the electrolyzer was inaugurated in...
Update: BASF has confirmed and specified its preliminary business results for 2024. BASF Group's sales for the full year 2024 amounted to €65.3 billion. This is €3.6 billion less than in the previous year, when the chemical company generated sales of €68.9 billion. Despite a slight increase in volumes, sales prices declined, with a steady price recovery in 2024 compared to the respective prior...
BASF and Sherwin-Williams have signed an agreement to sell the Brazilian decorative paints business of BASF's Coatings division. The purchase price, excluding cash and financial liabilities, is $1.15 billion. The transaction is structured as a so-called share deal. It includes the production facilities in Demarchi and Jaboatão, the associated contracts, the Suvinil and “Glasu!” brands and the...
In the third quarter, the EBITDA before special items for the BASF Group rose by €77 million to €1.6 billion due to significantly higher contributions from the core businesses Chemicals, Materials (high-performance plastics), Industrial Solutions and Nutrition & Care. “The positive earnings momentum in our core businesses was already visible in the first half of 2024 and continued in the third...
Manufacturers of modern microchips are constantly facing new challenges, including in the electrical connections required for them. BASF and Fraunhofer IPMS have therefore been working together on this issue for ten years. By combining their infrastructure and expertise, they enable industry-oriented evaluation of chemicals, as well as process and product tests for chip integration. Together, they...
The Pacific app, a solution for the exchange of Product Carbon Footprint (PCF) data of BASF products, is now available in the Catena-X Automotive Ecosystem in the Cofinity-X App Store. BASF customers can from now on register for the application. Pacific is a joint development of BASF and Circular-Tree. After three years of intensive collaboration within the Catena-X consortium in the field of...
Vattenfall and BASF have signed supply and service contracts with the Danish wind turbine manufacturer Vestas for 112 "V236-15.0 MW" wind turbines. The state-of-the-art turbines will be used in the Nordlicht 1 and 2 offshore wind projects in the German North Sea off the island of Borkum, in which Vattenfall and BASF are jointly involved. They will be able to generate electricity for the equivalent...
BASF plans to expand the global production capacity of its Basoflux range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable the chemical company's Oilfield Chemicals business to meet current and future demand for novel paraffin inhibitors for the oil and gas industry. Additional equipment will provide efficiency and flexibility in the production of newly developed...
