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BASF’s battery materials plants in Europe advance as planned

Construction started in Harjavalta, Finland and secured building permit for plant in Schwarzheide, Germany

16-Jun-2020

Preparations and construction of BASF’s battery materials plants in Europe are advancing as planned. After the casting of the foundation for its precursor cathode active material (PCAM) plant in Harjavalta, Finland, BASF has officially started construction. In addition, BASF has secured the ...

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Climeworks raises CHF 73M

The largest ever private investment into direct air capture

04-Jun-2020

Climeworks has successfully raised CHF 73 million (USD 75 million) in equity from private investors. This is the largest private investment into direct air capture to date. The funding will help to drive forward the company’s scale-up roadmap and expand its carbon dioxide removal ...

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BASF started piling of the first plants of its smart Verbund project in Zhanjiang, Guangdong

Important milestone in the development of the company’s US$10 billion investment project

03-Jun-2020

On May 30, BASF kicked off the piling work of the first plants of its smart Verbund project in Zhanjiang, Guangdong, China. This came as another important milestone in the development of the company’s US$10 billion investment project since its official commencement in November 2019. The first ...

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Clariant to increase mild surfactants capacity in Europe and USA

Additional capacity available early 2021

27-May-2020

Clariant is expanding production capacity for its isethionates derivatives - Hostapon SCI - mild surfactants to support the increasing shift by personal care formulators and brands towards using mild surfactants to differentiate applications. It also supports the growing consumer trend for ...

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New site agreement for BASF: No forced redundancies

Average annual investment of at least €1.5 billion until 2025

07-May-2020

The company management and employee representatives at BASF SE signed a new site agreement. Entitled “Living the new BASF together!”, the agreement applies to the approximately 34,000employees of BASF SE at the Ludwigshafen site. It will run for five and a half years (from June1,2020 until ...

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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 ...

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ALTANA Division ACTEGA Inaugurates New Integrated Site in Brazil

30-Jan-2020

ACTEGA do Brazil, a company of the specialty chemicals group ALTANA, has inaugurated a new integrated site in the city of Araçariguama in the Brazilian state of São Paulo, in which around €2 million have been invested. In a first step, the specialist for packaging solutions is merging the ...

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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 ...

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Evonik strengthens its focus on adhesive and sealant solutions

New multi-purpose silicone production facility in Geesthacht, Germany

14-Jan-2020

Following its double-digit million euro investment and after less than 18 months of construction, Evonik officially opened its new multi-purpose silicones manufacturing facility in Geesthacht, Germany. A celebratory inauguration ceremony was held at the site on 10th January. Located in Northern ...

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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 ...

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