BASF to recycle production waste from cell manufacturing at Cellforce Group to close the loop

22-Jul-2021

BASF has been selected by Cellforce Group, a joint venture between Porsche and Customcells, as the exclusive cell development partner for its next generation lithium-ion battery. As part of the collaboration, BASF will provide high-energy HEDTM NCM cathode active materials to contribute to ...

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Closing of the transaction expected before the end of 2021

08-Jul-2021

BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. The transaction implies an enterprise value for Solenis of $5.25 billion, which includes net debt of around $2.5 billion, subject to ...

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BASF acquires Zodiac Enterprises LLC assets in Caldwell, Texas

06-Jul-2021

BASF has expanded its chemical catalyst recycling capacity and capability with the acquisition of Zodiac Enterprises LLC in Caldwell, Texas. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious metal recycling ...

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New company is called Kensing

02-Jun-2021

BASF concluded the sale of its manufacturing site in Kankakee, Illinois, to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The agreement also includes the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic ...

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Letter of intent focuses on climate-neutral chemical industry and CO2-free hydrogen

25-May-2021

Dr. Martin Brudermüller (BASF) and Dr. Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis presented a project idea that shows how industrial production can become sustainable and future-proof. The project envisions an ...

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BASF and Shanshan to form a joint venture serving the largest battery materials market, China

21-May-2021

BASF and Shanshan, a leading lithium-ion battery materials supplier serving both the e-mobility and the consumer electronics (CE) market, have agreed to form a BASF majority-owned joint venture (BASF: 51%; Shanshan: 49%) to produce cathode active materials (CAM) and precursors (PCAM) in China. ...

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LanzaTech and BASF achieve first milestone in utilizing industrial off-gases for chemical production

14-May-2021

Transforming the carbon contained in industrial off-gases into valuable chemicals is the aim of a partnership between LanzaTech and BASF. Now the partners have achieved a key first success: With the help of special bacteria, they have been able to produce n-octanol at laboratory scale from carbon ...

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“This agreement with Umicore enables even faster, more sustainable and innovative battery materials development to serve our customers including battery cell manufacturers and automotive”

05-May-2021

BASF and Umicore have entered into a non-exclusive patent cross-license agreement covering a broad range of cathode active materials (CAM) and their precursors (PCAM), including chemistries such as nickel cobalt manganese (NCM), nickel cobalt aluminum (NCA), nickel cobalt manganese aluminum ...

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Sales growth of 16% to €19.4 billion

29-Apr-2021

“We were able to carry over the tailwinds from the strong fourth quarter of 2020 into the first quarter of 2021,” said Dr.Martin Brudermüller, Chairman of the Board of Executive Directors of BASF, expressing one of the core messages to shareholders at this year’s virtual Annual Shareholders’ ...

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Groundbreaking for the third phase of Innovation Campus Shanghai

28-Apr-2021

BASF is strengthening its innovation capabilities in Asia by breaking ground for the third phase of its Innovation Campus Shanghai and by establishing an academic sounding board as part of the Network for Asian Open Research (NAO). The expansion includes an additional research and development ...

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