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Construction started in Harjavalta, Finland and secured building permit for plant in Schwarzheide, Germany
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 ...
The largest ever private investment into direct air capture
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 ...
Important milestone in the development of the company’s US$10 billion investment project
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 ...
Additional capacity available early 2021
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 ...
Average annual investment of at least €1.5 billion until 2025
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 ...
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 ...
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 ...
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 ...
New multi-purpose silicone production facility in Geesthacht, Germany
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 ...
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 ...