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 certain parts of Solvay’s European polyamide business including innovation capabilities and manufacturing assets of Solvay’s intermediate and engineering plastics business. The EU Commission is now examining this offer and submitting it for market testing before completing its review procedure.
By complementing the engineering plastics portfolio, enhancing the access to key growth markets in Asia and South America as well as strengthening the value chain through backward integration into key raw materials such as ADN (adipodinitrile), BASF would still achieve its key strategic objectives.
BASF will continue to work closely with the EU Commission which is expected to make a decision in early 2019. As of now, the transaction has obtained merger clearance from eight of ten jurisdictions globally.
BASF strengthens R&D with more powerful supercomputer
BASF has started up a new supercomputer at its Ludwigshafen site to replace the existing one. With 3 petaflops of computing power, the new supercomputer is considerably more powerful than its 1.75 petaflop predecessor. “Digital technologies are among the most important instruments to furthe ... more
Chemovator, the business incubator of BASF, opens its doors for startups outside of the company
For five years, Chemovator has been working under the umbrella of BASF to develop scalable and investable business models from ideas that originated from within the company. As of now, the incubator opens its doors to all early-stage startups working on the successful and sustainable future ... more
BASF starts 2023 better than expected in a stagnating environment
“BASF started off 2023 better than analysts had expected – and in a stagnating and difficult economic environment,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE. The BASF businesses with customers in the agricultural and automotive sectors made a sub ... more
Industrial implementation of the ammonia synthesis - How does it work?
In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize ... more
BASF-YPC Company Limited is a large scale petrochemical 50:50 joint venture between BASF and Sinopec. With a total investment amounting to USD 2.9 billion, its IPS (Integrated Petrochemical Site) I Project was started in September 2001 and put into commercial operation in June 2005. Our mis ... more
BASF Construction Solutions GmbH
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
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. more
Solvay Partners with French Start-Up Ostium in Single-Use Surgical Instruments Material Recycling
Solvay has teamed up with French start-up Ostium in a joint project designed to enable the mechanical recycling of end-of-life single-use surgical instruments molded in glass-fiber reinforced Ixef® polyarylamide (PARA) from Solvay’s portfolio of specialty polymers. The initiative is the fir ... more
DOMO Chemicals signs agreement to acquire Solvay’s Performance Polyamides Business in Europe
DOMO Chemicals and Solvay have signed an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. T ... more
Solvay to raise hydroquinone capacity in Europe by 20%
Solvay is raising its European capacity of hydroquinone by 20%, enhancing the security of supply on three continents and to meet increasing demand for diphenol inhibitors used as additives by the monomer industry. This capacity expansion at its plant in Saint-Fons, France is accomplished by ... more
Lyon Research & Innovation Center (RIC Lyon) - Solvay’s biggest research site worldwide - hosts some 400 experts in organic, physical, polymer, and analytical chemistry, specialized in catalysis, material science, process safety, and chemical engineering. RIC Lyon is also a center of expert ... more
Within the Chemicals Sector, the business policy is defined and implemented by 8 business units. Worldwide, the Solvay presence, notably in terms of sales and marketing, is ensured through regional organisations like national offices, affiliates, subsidiaries, … as well as local agents in ... more
