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BASF and Siemens Energy to cooperate in the field of Carbon Management

Strategic partnership for industrial use of low-CO2 technologies

10-Feb-2021

As part of a strategic partnership, BASF and Siemens Energy plan to accelerate commercial implementation of new technologies designed to lower greenhouse gas emissions. By combining BASF’s technological expertise with Siemens Energy’s innovative product and services portfolio, BASF aims to extend ...

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BASF reaches milestone of MDI capacity expansion project at Geismar site

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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BASF and Eramet partner to assess the development of a nickel-cobalt refining complex to supply growing electric vehicle market

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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Batteries, plastics, renewable raw materials: new ideas for the circular economy

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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Groundbreaking for cathode active materials production plant in Schwarzheide, Germany

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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A 40-year-old catalyst unveils its secrets

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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BASF Group increases EBIT before special items compared with second quarter of 2020

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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Liming Chen appointed to Supervisory Board of BASF SE

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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BASF to increase production capacity for synthetic ester base stocks in Jinshan, China

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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BASF closes divestiture of its Construction Chemicals business

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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