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1,348 Current news of BASF
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BASF Group shows resilience amid corona crisis with diversified portfolio and financial solidity
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 ...
BASF and Security Matters collaborate to accelerate progress towards a circular economy for plastics
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 ...
Fortum, BASF, and Nornickel sign cooperation agreement on battery recycling
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 ...
BASF: EBIT before special items declines
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 ...
BASF wants to promote more women in leadership positions
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 ...
BASF announces Schwarzheide, Germany, as location for cathode active material production in Europe
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 ...
JenaBatteries and BASF cooperate in the development of innovative power storage technology
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 ...
BASF invests in capacity expansion for methane sulfonic acid
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 ...
BASF expands production capacity for antioxidant in Pontecchio Marconi, Italy
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 ...
BASF strengthens its business with water-soluble polyacrylates
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 ...
