BASF Venture Capital invests in North American investment fund ARCH Venture Fund VII
12-12-2007: BASF Venture Capital America Inc., Fremont, CA, has invested in ARCH Venture Fund VII - a venture capital fund managed by ARCH Venture Partners, Chicago, IL. ARCH invests at a very early stage in start-up companies from the material science, life science, as well as information technology and biotechnology sectors in North America. The majority of these start-ups have been spun off from universities or national research laboratories. The total volume of the ARCH fund will be roughly $400 million fund. BASF Venture Capital will invest $5 million. Other investors in the fund are primarily universities, pension funds and financial institutions.
"ARCH is one of the most-respected venture capital funds in the U.S., supported by an impressive management team. ARCH will complement our strategy of investing in innovative companies that are active in BASF Group's five growth clusters - energy management, raw material change, nanotechnology plant biotechnology and white (industrial) biotechnology," said Keith Gillard, Principal of BASF Venture Capital America.
In addition, BASF will benefit from ARCH's excellent network of more than fifty North American universities and national laboratories. This will allow BASF Venture Capital to gain information about new technology trends and attractive potential investments at an early stage.
BASF and Pacific NorthWest LNG have concluded a license agreement on the use of BASF’s OASE®technology for the removal of carbon dioxide and sulfur containing components from natural gas for all trains of Pacific NorthWest LNG’s proposed liquefied natural gas (LNG) facility in the district ... more
BASF has been awarded the “32ndResearch Prize for the promotion of methodological work aimed at reducing and replacing animal experimentation” in Berlin. The research team “Experimental Toxicology and Ecology” received this honor for their methodological work in developing and implementing ... more
With immediate effect, or as existing contracts permit, BASF will increase its selling prices for the following products in Europe:
1,4 Butanediol (BDO): +50 Euro/mt
Tetrahydrofuran (THF): +70 Euro/mt
Polytetramethylene ether glycol (PolyTHF®): +70 Euro/ mt more
BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai ... more
BASF Construction Chemicals Europe AG in Schaffhausen/Switzerland belongs to the Business Unit Construction Systems Europe of BASF SE, Ludwigshafen/Germany.
We develop, manufacture and supply flooring solutions which meet all requirements. Our MASTERTOP product range offers epoxy and polyu ... more
In order to be able to take advantage of the opportunities for profitable growth throughout the world, BASF is represented with production and sales facilities in all economic regions. Even though Europe is BASF's home market, the dynamic regions of North America, Asia and South America are ... more