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BASF to expand capacity for methane sulfonic acid

21-Dec-2018

BASF intends to expand the production capacity for methane sulfonic acid (MSA) at its Ludwigshafen site by around 65 percent and increase the global capacity to 50,000 metric tons per year. With the investment the company further strengthens its position as the leading global producer of MSA. The ...

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BASF invests in new mobile emissions catalysts production facility

20-Dec-2018

BASF is investing in a new production facility for mobile emissions catalysts at its Pudong site in Shanghai, China. The new 30,000-square-meter facility will house multiple manufacturing lines, providing a full range of emissions control technologies for heavy-duty and light-duty vehicle ...

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Protected space for BASF-employees with business idea

Chemovator is available for all BASF employees to grow and develop themselves as entrepreneurs

11-Dec-2018

12 – 24 – 35: These are the most important figures of the Chemovator, the newly founded incubator of BASF. Up to 12 dynamic Venture Teams have up to 24 months to bring their innovative and chemistry related business ideas to the market. Since August 2018, all BASF employees with ambition to ...

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BASF produces methanol according to the biomass balance approach

Production with second generation renewable raw materials

13-Nov-2018

BASF has started production of methanol on the basis of renewable raw materials according to the biomass balance approach. The product name is EU-REDcert-methanol. The company replaces fossil raw materials with second-generation renewable raw materials and uses waste as well as residual ...

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BASF invests in Chinese 3D printing specialist

First direct investment by BASF Venture Capital in a company in China

07-Nov-2018

BASF Venture Capital GmbH is investing in Prismlab, a leading provider of 3D printing processes and 3D printers, headquartered in Shanghai, China. Prismlab has developed a patented printing process that is characterized by a very high printing speed, high level of precision and lower printing ...

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BASF and SINOPEC sign Memorandum of Understanding to expand cooperation in China

Partners intend to explore new business opportunities in battery materials

29-Oct-2018

BASF and SINOPEC have signed a Memorandum of Understanding (MoU) in Beijing to further strengthen their partnership in upstream and downstream chemical production in China. The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC ...

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KOLON BASF innoPOM starts commercial production of polyoxymethylene in Korea

29-Oct-2018

KOLON BASF innoPOM Inc., the 50:50 joint venture between KOLON PLASTICS and BASF established in 2016, started operations at its new polyoxymethylene (POM) production plant in Gimcheon, Korea. The new production with a capacity of 70,000 metric tons per year, combined with KOLON PLASTICS’ existing ...

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BASF Group increases sales

Earnings below prior-year quarter

26-Oct-2018

In the third quarter of 2018, BASF Group sales rose by 8% year on year to reach €15.6billion. This was primarily attributable to higher sales prices in all segments. Volumes growth and the acquisition of the Bayer businesses in August 2018 also contributed to the sales increase. Negative ...

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BASF and Nornickel join forces to supply the battery materials market

BASF announces first location for battery materials production in Europe

22-Oct-2018

BASF has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. The plant will be constructed adjacent to the nickel and cobalt refinery owned by Norilsk Nickel (Nornickel). This investment is part of BASF’s €400 million ...

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BASF moves forward in acquisition of Solvay's polyamide business

BASF offered commitments to meet concerns of the EU Commission

17-Oct-2018

In September 2017, BASF and Solvay agreed that BASF would acquire Solvay’s polyamide business subject to approval of the relevant merger control authorities. The approval process of the EU Commission is ongoing. To meet the concerns of the EU Commission, BASF has offered to refrain from acquiring ...

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