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1,348 Current news of BASF
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High uncertainty about future economic developments in 2020
04-May-2020
BASF Group’s sales in the first quarter of 2020 increased by 7percent compared with the prior-year quarter to €16.8billion. This was mainly driven by a 4percent increase in volumes. Income from operations (EBIT) before special items was €1.6billion, down by 6percent compared with the first ...
Create new value for plastics to tackle global challenge
21-Apr-2020
Security Matters, Ltd and BASF sign a binding joint development agreement to develop solutions for plastics traceability and circularity. Plastics, with unique characteristics and when used properly, contribute to a more sustainable and resource efficient future. However, to move towards a ...
09-Mar-2020
Fortum, BASF, and Nornickel have signed a letter of intent to plan a battery recycling cluster in Harjavalta, Finland, serving the electric vehicle market. This would enable a successful “closed loop” cycle to re-use the critical metals present in used batteries. Using metals from recycled ...
Impacts from coronavirus expected
28-Feb-2020
BASF generated sales of €59.3 billion in the 2019 business year; the slight decline in sales compared with the previous year resulted from lower volumes and prices. Income from operations (EBIT) before special items was €4.5billion, down by €1.7billion from the prior-year level as a result of ...
24-Feb-2020
By 2030, BASF wants to increase the proportion of women in leadership positions to 30percent worldwide. At the end of 2019, the proportion of female managers was 23.0percent (2018: 21.7percent). In 2015, BASF had set itself the target of increasing the proportion of women in leadership roles ...
13-Feb-2020
BASF is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active materials (CAM) with an initial capacity enabling the ...
Batteries for stationary storage of electricity from renewable energy sources
10-Feb-2020
JenaBatteries GmbH and BASF are cooperating in the production of an electrolyte for a battery technology that is particularly suitable for stationary storage of electricity from renewable energy sources and for stabilizing conventional transmission grids. JenaBatteries, which has developed this ...
22-Jan-2020
As already announced at the end of 2018, BASF will proceed with expanding global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. This involves a higher double-digit million euro investment in constructing a new methane sulfonic acid plant at the Ludwigshafen site. The ...
16-Jan-2020
BASF plans to increase the production capacity for its antioxidant Irganox® 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox® 1520L is a key product in BASF’s antioxidant portfolio. With this expansion, BASF responds to an increasing market demand and aims to better serve its global ...
09-Jan-2020
With a single-digit million-euro investment, BASF has enhanced the flexibility of its water-soluble polyacrylate production plant at the company's Ludwigshafen site, Germany, and slightly expanded capacity. The upgraded plant is now operational, enabling customers in the household and commercial ...