BASF breaks ground on MDI capacity expansion project at Geismar site

BASF launches final expansion phase: total investment of around $1 billion

12-Jan-2023 - BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the ...

Small but powerful – microorganisms contribute to greater sustainability at BASF

White biotechnology is becoming an increasingly important part of BASF’s toolbox

18-Nov-2022 - At BASF, innovation and sustainability are inextricably linked. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. Current research projects and examples of innovation for various ...

BASF and G-Philos intensify cooperation on stationary storage systems for renewable energy projects

15-Nov-2022 - BASF Stationary Energy Storage GmbH (BSES), a wholly owned subsidiary of BASF SE, and G-Philos, Korea’s leader in power-to-gas (P2G) technology, signed a sales and marketing agreement for NAS batteries (sodium-sulfur stationary batteries) for P2G projects, power grid and microgrid applications. ...

BASF achieved solid EBIT before special items despite continued high raw materials and energy prices

Announced cost savings program of €500 million annually

27-Oct-2022 - “Despite the continued high raw materials and energy prices, BASF achieved solid earnings in the third quarter,” said Dr.Martin Brudermüller, Chairman of the Board of Executive Directors of BASFSE, presenting the results for the third quarter of 2022 together with Chief Financial Officer ...

BASF’s Supervisory Board confirms Martin Brudermüller as Chairman of the Board of Executive Directors and appoints Dirk Elvermann Chief Financial Officer

Hans-Ulrich Engel to retire following the 2023 Annual Shareholders’ Meeting

21-Oct-2022 - The Supervisory Board of BASF SE extended the appointment of Dr. Martin Brudermüller (61) as BASF’s Chairman of the Board of Executive Directors until the end of the 2024 Annual Shareholders’ Meeting; Brudermüller’s appointment was originally scheduled to end in 2023. Brudermüller has been ...

BASF to build Neopentyl Glycol plant at Zhanjiang Verbund site in China

Supporting customers’ growing demand in China, the world’s largest chemical market

12-Oct-2022 - BASF will invest in a new world-scale Neopentyl Glycol (NPG) plant with an annual production capacity of 80,000 metric tons at its new Zhanjiang Verbund site, China. With the new NPG plant expected to come on stream in Q4 2025, BASF’s global NPG capacity will be boosted from 255,000 metric tons ...

BASF and Hannong Chemicals are planning to establish a production joint venture for the commercial production of non-ionic surfactants in Asia Pacific

07-Oct-2022 - Subject to the approval of all relevant authorities, BASF and Hannong Chemicals are planning to establish a production joint venture “BASF Hannong Chemicals Solutions Ltd.”. BASF will hold 51% and Hannong Chemicals 49% shareholding, in the proposed joint venture. The joint venture will combine ...

BASF announces innovation partnership with RiKarbon on emollients derived from bio-waste

RiKarbon’s innovative technologies facilitate commercial production of renewable chemicals and high-performing ingredients

22-Sep-2022 - BASF and RiKarbon Inc., a U.S.-based technology start-up, announce the signing of a partnership contract to exclusively license and commercialize proprietary technology from RiKarbon. RiKarbon’s patented technology allows the upcycling of bio-waste into bio-based, biodegradable emollients for ...

BASF and greentech start-up company ARCUS sign agreement on the production and procurement of pyrolysis oil from mixed plastic waste

06-Sep-2022 - BASF SE has concluded a framework agreement for the purchase of pyrolysis oil from mixed plastic waste with ARCUS Greencycling Technologies GmbH, a technology company based in Ludwigsburg, Germany. The two companies want to contribute their respective know-how to the value chain in order to ...

BASF, SABIC and Linde start construction of the world’s first demonstration plant for large-scale electrically heated steam cracker furnaces

Technology has the potential to reduce CO2 emissions by at least 90% compared to conventional steam crackers

02-Sep-2022 - BASF, SABIC and Linde have started construction of the world’s first demonstration plant for large-scale electrically heated steam cracker furnaces. By using electricity from renewable sources instead of natural gas, the new technology has the potential to reduce CO2 emissions of one of the most ...