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ADNOC, Adani, BASF and Borealis sign Memorandum of Understanding to further evaluate collaboration for a chemical complex in India

Total investment estimated to be up to $4 billion

18-Oct-2019

Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India.This is the next step of ...

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BASF invests in Quantafuel to jointly drive chemical recycling of mixed plastic waste

08-Oct-2019

BASF SE is to invest €20 million into Quantafuel, a specialist for pyrolysis of mixed plastic waste and purification of pyrolysis oil, headquartered in Oslo, Norway. The investment will be facilitated via the subscription of new shares and via the grant of a convertible loan. Together, the ...

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BASF to expand integrated ethylene oxide and derivatives complex at its Verbund site in Antwerp

02-Oct-2019

In line with its customer-focused corporate strategy, BASF will expand the capacity of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The total investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products ...

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BASF expands Production Capacity for Neopentylglycol

27-Sep-2019

BASF has increased the capacity of its neopentyl glycol (NPG) plant at the Verbund site in Ludwigshafen, Germany, by 10,000 metric tons per year. Thus, the company has a total of 215,000 metric tons of NPG capacity with facilities in Ludwigshafen, Freeport / USA, Nanjing and Jilin / China. In ...

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BASF to sell its ultrafiltration membrane business to DuPont

24-Sep-2019

BASF and DuPont Safety & Construction (DuPont) announced that the companies have signed an agreement where BASF will sell its ultrafiltration membrane business to DuPont. The divesture includes the shares of inge GmbH, the business’ international sales force, its headquarters and production site ...

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Eramet, BASF and SUEZ partner to develop an innovative closed-loop process for the recycling of lithium-ion batteries

12-Sep-2019

The “Recycling Li-ion batteries for electric Vehicle” (ReLieVe) project, founded by Eramet, BASF and SUEZ,will receive a substantial funding of €4.7 million by EIT Raw Materials, a consortium initiated and funded by the European Union, and the three members. The objective is to develop an ...

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Novel process developed to recover high value products from natural gas

11-Sep-2019

Linde developed a novel process to recover high value products from natural gas successfully combining technologies of BASF and Linde. The process simultaneously recovers valuable helium, liquid hydrocarbons, and purified CO2 in addition to conditioning natural gas for pipeline transportation ...

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DIC to acquire BASF’s global pigments business

30-Aug-2019

BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval ...

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Cross-industry alliance develops and pilots model for measuring the value contributions to the environment, society, and businesses

BASF is founding member of “value balancing alliance e.V.”

20-Aug-2019

Which values do companies create for society – in environmental, human, social, and financial terms? And how can these contributions be measured and compared? Together with seven international companies of the recently founded “value balancing alliance e.V.”, based in Frankfurt am Main, Germany, ...

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BASF and TU Berlin launch artificial intelligence cooperation

16-Aug-2019

BASF and Technische Universität Berlin (TU Berlin) have signed an agreement to cooperate closely in the area of machine learning. The aim of the Berlin-based Joint Lab for Machine Learning (BASLEARN) is to develop workable new mathematical models and algorithms for fundamental questions relating ...

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