11-Nov-2021

Following the approval by all relevant authorities, BASF and Clayton, Dubilier & Rice closed the sale of Solenis to Platinum Equity. The transaction implies an enterprise value for Solenis of $5.25 billion, which includes net debt of around $2.5 billion. In July 2021, BASF and Clayton, Dubilier & ...

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Personnel Changes at BASF

01-Nov-2021

BASF is reorganizing its global research activities. In the course of the second quarter of 2022, they will be bundled in a central research unit based in Ludwigshafen. Detlef Kratz (59), President, will lead the new central division, which will have around 3,500 employees. Kratz currently heads ...

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Considerable sales growth of 42% to €19.7 billion

27-Oct-2021

BASF Group’s strong business development continued in the third quarter of 2021. Demand for BASF’s products remained solid over the summer months. “This enabled us to continue to grow profitably,” said BASF’s Chairman of the Board of Executive Directors, Dr.Martin Brudermüller, who presented the ...

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26-Oct-2021

BASF and SVOLT have entered into an agreement in which both parties will partner throughout their global operations with regards to cathode active materials (CAM) development, raw materials supply and battery recycling for SVOLT’s battery cells. The cooperation will also enhance the research and ...

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Knowledge transfer to foster coating technology in academia and to meet global customer demands

21-Oct-2021

Electromobility is globally recognized as a decisive factor for achieving climate neutrality. High-performance lithium-ion batteries for electric vehicles play a key role to reach these goals. BASF is a leading player in the battery materials market focusing on high-performance cathode active ...

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Joint development and access to technologies to create advanced PUDs

29-Sep-2021

BASF and Sanyo Chemical Industries Ltd. (Sanyo Chemical) signed a Memorandum of Understanding for strategic collaboration of polyurethane dispersions (PUDs) development. The two parties aim to jointly develop and produce innovative products with strong sustainability contribution. Newly developed ...

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28-Sep-2021

Due to the recent rise on natural gas prices in Europe, the economics for operating an ammonia plant in the region has become extremely challenging. As a result, BASF has curtailed its ammonia production at its production sites in Antwerp and Ludwigshafen. BASF will continuously monitor the gas ...

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The cooperation is focused on cathode active materials and battery recycling

17-Sep-2021

BASF SE and Contemporary Amperex Technology Co., Limited (CATL) announced a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling. The collaboration aims at developing a sustainable battery value chain, in support of CATL’s ...

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The new joint venture will focus on the rapidly growing electric vehicle segment in the world’s largest battery materials market China

01-Sep-2021

Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., Ltd.”. The new entity will be majority owned by BASF (BASF 51% and Shanshan 49%). The newly formed company has four sites in Hunan and Ningxia, China, with ...

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Production capacities to be expanded for several downstream chemical plants

09-Aug-2021

BASF and SINOPEC will further expand their Verbund site operated by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical plants, including a new tert-butyl acrylate plant to support the growing ...

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