The first phase of a new methylene diphenyl diisocyanate synthesis unit is complete and in operation

18-Dec-2020

The implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for production facilities at BASF’s Verbund site in Geismar, Louisiana, is progressing on schedule. Over time, BASF targets to double the capacity from 300,000 metric tons per year to approximately 600,000 ...

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17-Dec-2020

BASF and Eramet have signed an agreement to jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex. Such a development would include a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL would be located in Weda ...

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BASF launches ambitious Circular Economy Program

11-Dec-2020

In a circular economy, the aim is to avoid waste, reuse products and recover resources. “Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and ...

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Construction of the new plant already started with start-up scheduled for 2022 to supply around 400,000 full electric vehicles per year

17-Nov-2020

BASF has broken ground for its new cathode active materials production plant in Schwarzheide, Germany. In an online event, the company celebrated this milestone together with customers, politicians and partners. The new plant is part of BASF’s multi-step investment plan in the European battery ...

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Findings will help catalyst research take an important step forward

30-Oct-2020

“Titanium silicalite-1” (TS-1) is not a new catalyst: It has been almost 40 years since its development and the discovery of its ability to convert propylene into propylene oxide, an important basic chemical in the chemical industry. Now, by combining various methods, a team of scientists from ...

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Mainly driven by good business development in September

28-Oct-2020

In an environment that continues to be shaped by the global economic impact of the coronavirus pandemic, BASF Group’s income from operations (EBIT) before special items rose considerably compared with the previous quarter: At €581million in the third quarter of 2020, it was €355million higher ...

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15-Oct-2020

At the request of BASFSE, the Ludwigshafen local court (Amtsgericht) appointed Mr. Liming Chen (60), Chairman of IBM Greater China Group, to the Supervisory Board of BASFSE by way of a resolution dated October 8, 2020. The appointment became necessary after Dr.Alexander C. Karp, CEO Palantir ...

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Capacity to be almost doubled

13-Oct-2020

BASF will almost double the production capacity for its synthetic ester base stocks at its site in Jinshan, China. The investment comes in response to the rising demand for high-performance lubricants in Asia Pacific and further strengthens BASF’s position as a reliable supplier that strongly ...

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The Construction Chemicals business now forms the newly founded MBCC Group, headquartered in Mannheim, Germany

02-Oct-2020

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The Construction Chemicals business now forms the newly ...

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Headcount in Global Business Services will decline by up to 2,000 worldwide by end of 2022

23-Sep-2020

BASF’s Global Business Services unit is being further developed. The division was established as of January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide transferred to Global Business Services and since then have been ...

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