BASF has successfully completed its acquisition of parts of Ciech’s TDI (toluene diisocyanate) business. The TDI production facility of Ciech’s subsidiary Zachem, Poland, is not part of the transaction.
TDI is a key component for the polyurethane industry. To a large extent it is used in the furniture segment (e.g. in flexible foams for mattresses, cushions or wood coating) as well as in the automotive industry (e.g. in seating cushions and interior applications).
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
BASF breaks ground on acrylic acid complex at Zhanjiang Verbund site in China
BASF has broken ground on a new production complex at its Verbund site in Zhanjiang, China, that includes plants for glacial acrylic acid (GAA), butyl acrylate (BA) and 2-ethylhexyl acrylate (2-EHA). Planned to come on stream by 2025, the complex will have an annual production capacity of a ... 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 is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. ... more
BASF to acquire parts of Ciech’s TDI business
BASF and Ciech announced the acquisition of parts of Ciech’s global TDI (toluene diisocyanate) business by BASF. The acquisition is subject to approval by the appropriate antitrust authorities. Closing of the transaction is expected in the first quarter of 2013. Financial terms of the agree ... more
