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BASF and Porsche partner to develop high-performing lithium-ion battery for electric vehicles

BASF to recycle production waste from cell manufacturing at Cellforce Group to close the loop

22-Jul-2021

BASF has been selected by Cellforce Group, a joint venture between Porsche and Customcells, as the exclusive cell development partner for its next generation lithium-ion battery. As part of the collaboration, BASF will provide high-energy HEDTM NCM cathode active materials to contribute to ...

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BASF and Clayton, Dubilier & Rice to sell Solenis

Closing of the transaction expected before the end of 2021

08-Jul-2021

BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. The transaction implies an enterprise value for Solenis of $5.25 billion, which includes net debt of around $2.5 billion, subject to ...

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BASF expands chemical catalyst recycling capacity and capability

BASF acquires Zodiac Enterprises LLC assets in Caldwell, Texas

06-Jul-2021

BASF has expanded its chemical catalyst recycling capacity and capability with the acquisition of Zodiac Enterprises LLC in Caldwell, Texas. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious metal recycling ...

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BASF to build new battery recycling prototype plant in Schwarzheide, Germany

Use of innovative technology for extracting lithium, nickel, cobalt and manganese from end-of-life lithium-ion batteries and production scrap

01-Jul-2021

BASF will build a battery recycling prototype plant in Schwarzheide, Germany, at the site of its cathode active materials (CAM) plant. The prototype recycling plant will allow for the development of operational procedures and optimization of technology to deliver superior returns of lithium, ...

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World's first toxicology testing strategy without animal testing adopted by OECD

Success for long-standing collaboration between BASF and Givaudan to develop and validate alternative methods

30-Jun-2021

The world’s first toxicology testing strategy without animal testing has been approved by the OECD (Organisation for Economic Co-operation and Development). The testing strategy consists of three so-called alternative methods. They can be used to predict whether a substance causes allergic ...

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IPO of Wintershall Dea will be targeted post 2021

“Strategically, BASF remains fully committed to divest its share in Wintershall Dea”

18-Jun-2021

With the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG in May 2019, two companies with a long tradition have formed the independent natural gas and oil company Wintershall Dea. Based on the current market conditions, the shareholders of Wintershall Dea –BASF and LetterOne – have ...

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BASF concludes sale of site in Kankakee, Illinois

New company is called Kensing

02-Jun-2021

BASF concluded the sale of its manufacturing site in Kankakee, Illinois, to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The agreement also includes the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic ...

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BASF and RWE plan to cooperate on new technologies for climate protection

Letter of intent focuses on climate-neutral chemical industry and CO2-free hydrogen

25-May-2021

Dr. Martin Brudermüller (BASF) and Dr. Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis presented a project idea that shows how industrial production can become sustainable and future-proof. The project envisions an ...

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BASF gains access to Chinese CAM market

BASF and Shanshan to form a joint venture serving the largest battery materials market, China

21-May-2021

BASF and Shanshan, a leading lithium-ion battery materials supplier serving both the e-mobility and the consumer electronics (CE) market, have agreed to form a BASF majority-owned joint venture (BASF: 51%; Shanshan: 49%) to produce cathode active materials (CAM) and precursors (PCAM) in China. ...

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BASF expands global PGM refining capacity, further driving circular economy business

17-May-2021

BASF announced the expansion of its Seneca, South Carolina, USA, Platinum Group Metals (PGM) refining facility. The company will invest double-digit millions in capital improvements to increase refining capacity to recycle precious metals from spent catalysts such as automotive catalytic ...

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