BASF started up expanded ethylene oxide and derivatives complex at its Verbund site in Antwerp

Investment exceeds €500 million

18-Oct-2023 - In line with its customer-focused corporate strategy, BASF has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The investment adds about 400,000 metric tons per year to BASF's production capacity for the corresponding products. “With ...

BASF and Nanotech Energy partner for lithium-ion batteries with locally recycled content in North America

BASF will be the first company in North America to provide cathode active materials produced with recycled metals on a commercial scale starting in 2024

13-Sep-2023 - BASF, a globally leading battery materials producer, and Nanotech Energy, a worldwide leader in the field of graphene-based energy storage products, have agreed to partner to significantly reduce the CO2 footprint of Nanotech’s lithium-ion batteries for the North American market. The agreement ...

BASF breaks ground on syngas plant at Zhanjiang Verbund site in China

World-scale syngas production facility expected to start up in 2025

05-Sep-2023 - BASF has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China. This world-scale syngas facility, fully integrated into the Verbund site, is scheduled to start up in 2025. BASF will adopt unique process concepts in the syngas plant to reduce carbon emissions compared ...

BASF strengthens its dispersant business in Europe

16-Aug-2023 - BASF is set to double its production capacity for water-soluble dispersants based on acrylic acid at its Dilovasi, Turkey location with the introduction of a new production plant. This investment aims to support BASF’s customers in the detergent, cleaning and chemical processing industry across ...

BASF, Huntsman, Shanghai Hua Yi, Shanghai Chlor-Alkali Chemical Co. Ltd. and Sinopec Shanghai Gaoqiao Petrochemical Co. Ltd. to separate joint MDI production in Caojing, China

02-Aug-2023 - BASF and Huntsman together with their Chinese partner companies – Shanghai Hua Yi (Group Company), Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. and Shanghai Chlor-Alkali Chemical Co., Ltd. – announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at ...

BASF’s earnings in tough market environment significantly below strong prior-year quarter

Sales decline by 24.7 percent to €17.3 billion

31-Jul-2023 - In a tough market environment, BASF Group sales in the second quarter of 2023 declined by 24.7percent compared with the prior-year period to €17.3billion. “We faced low demand from our key customer industries, except for automotive,” said Dr.Martin Brudermüller, Chairman of the Board of ...

BASF adjusts outlook for 2023

BASF Group achieves Q2 2023 EBIT before special items in line with analyst consensus

13-Jul-2023 - BASF has released preliminary figures for the second quarter of 2023. Sales declined by an expected 25% in the second quarter of 2023 to €17,305million (Q22022: €22,974million). This was mainly driven by considerably lower prices and volumes; negative currency effects also contributed to the ...

BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast

“This project underlines BASF’s commitment to drive the sustainable transformation of the chemical industry”

04-Jul-2023 - BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The companies are looking into the feasibility of a plant with a total capacity of 1.2 to 1.4 ...

Battery materials meet recycling: BASF close the loop in the European battery value chain

Inauguration of first state-of-the-art high-performance cathode active materials production plant in Germany

30-Jun-2023 - Together with customers, politicians and partners, BASF celebrated the opening of Europe’s first co-located center of battery material production and battery recycling in Schwarzheide, Germany. The inauguration of a state-of-the-art production facility for high-performance cathode active ...

BASF and thyssenkrupp Uhde cooperate to reduce greenhouse gas emissions

29-Jun-2023 - BASF and thyssenkrupp Uhde announced their cooperation in the marketing and further development of catalyst and process design for thyssenkrupp Uhde’s leading EnviNOx® technology for N2O and NOx abatement. BASF will supply its high-performance catalysts to thyssenkrupp Uhde, enabling their ...