BASF has started prototype metal refinery for battery recycling

Innovative technology extracts lithium, nickel, cobalt, manganese and copper from end-of-life lithium-ion batteries and battery production scrap

18-Apr-2024 - BASF has successfully started operating its prototype metal refinery for battery recycling in Schwarzheide, Germany. The state-of-the-art plant allows for the development of operational procedures and the optimization of innovative battery recycling technology, processing end-of-life lithium-ion ...

BASF starts change negotiations for Harjavalta precursor battery materials plant because of lengthy permitting process with unclear outcomes

11-Apr-2024 - BASF announces the commencement of change negotiations at its precursor cathode active materials plant in Harjavalta, Finland. The decision to initiate these negotiations was made because of the lengthy permitting process with unclear outcomes, leading to an unpredictable timeframe for receiving ...

BASF breaks ground on methyl glycols plant at Zhanjiang Verbund site in China

First fully backward integrated methyl glycols plant in China upon completion

22-Mar-2024 - BASF has broken ground on a methyl glycols (MG) plant at its Verbund site in Zhanjiang, China. The new facility is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region. The plant is scheduled to commence operations by ...

BASF to build new fermentation plant for crop protection products in Ludwigshafen

Strengthening the portfolio of biological and biotechnology-based crop protection products

21-Mar-2024 - BASF invests a high double-digit million euro amount in a new fermentation plant for biological and biotechnology-based crop protection products at its Ludwigshafen site. The plant will manufacture products that bring value to farmers including biological fungicides and biological seed treatment. ...

OQEMA and BASF collaborate on amines in the UK and Ireland

04-Mar-2024 - BASF has strengthened its partnership with OQEMA with regard to BASF’s standard amines portfolio excluding ethanolamines in the UK and Ireland, effective January 1, 2024. The companies, which have enjoyed a productive partnership in Germany and Eastern Europe for over two decades, will now join ...

BASF to divest shares in its two joint ventures in Korla, China

Accelerated divestment due to higher carbon footprint and human rights concerns

13-Feb-2024 - In the fourth quarter of 2023, BASF started the process to divest its shares in the two joint venture companies BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China. As part of BASF’s global strategy for 1,4-butanediol (BDO), BASF ...

BASF to research on alternatives to animal testing on behalf of the European Chemicals Agency

Number of animal experiments required for safety assessments of chemical substances to be further reduced

07-Feb-2024 - The European Chemicals Agency (ECHA) has contracted a consortium that includes BASF to conduct scientific studies on the reliability and relevance of New Approach Methodologies (NAMs) as alternatives to animal testing and to promote the use of such methods in the future. The aim of the contract ...

BASF and Envision Energy enter a collaboration to drive sustainable energy solutions

Collaboration to accelerate conversion of green hydrogen and CO2 to e-methanol

30-Jan-2024 - BASF process catalysts, a leading provider of innovative catalyst technology, announced a new collaboration with Envision Energy, a leading green technology provider of comprehensive net zero solutions. The collaboration aims to further develop the conversion of green hydrogen and CO2 into ...

BASF Group releases preliminary figures for full year 2023

Sales and EBIT before special items below the ranges forecasted by BASF and slightly below the respective analyst consensus

19-Jan-2024 - Expected BASF Group sales for the full year 2023 of €68,902 million are below the range of €73 billion to €76 billion forecasted by BASF and below average analyst estimates for 2023 (Vara: €70,579million). Sales in 2022 amounted to €87,327 million. Expected income from operations (EBIT) before ...

BASF and Stena Recycling partner in recycling of electric vehicle batteries in Europe

BASF will further process and refine black mass in its battery recycling prototype metal refinery in Schwarzheide, Germany

10-Jan-2024 - BASF and Stena Recycling have entered into a black mass purchase agreement. This agreement is part of a broader collaboration envisaged by BASF and Stena Recycling with the goal of setting up a battery recycling value chain for the European electric vehicle battery market. The focus of the ...