Just one year after announcing its ambitious "Sustainability Roadmap", BASF's Monomers division is celebrating the successful certification of production sites in all regions where it is represented. With the addition of MDI production in Geismar, Louisiana/USA to the ISCC Plus and Redcert2 certified sites, the...
BASF has expanded its partnership with chemical distributor Oqema for the BASF standard amines portfolio excluding ethanolamines in the UK and Ireland from the beginning of 2024. The two companies, which have been working together successfully in Germany and Eastern Europe for more than two decades, are now joining...
In the fourth quarter of 2023, BASF initiated the process to sell its shares in the two joint venture companies Markor Chemical Manufacturing and Markor Meiou Chemical in Korla, in the center of the Xinjiangin Uyghur Autonomous Region in China. The chemical company justifies this step with sustainability efforts and...
According to the BASF Group, sales for the full year 2023 are expected to amount to €68.9 billion. This figure is below BASF's forecast range of €73 billion to €76 billion and below analysts' average estimates for 2023. Sales in the previous year 2022 amounted to €87.3 billion. Income from operations (EBIT) before...
In line with its customer-oriented corporate strategy, BASF has expanded its capacities for ethylene oxide and ethylene oxide derivatives at the Belgian Verbund site in Antwerp. The investment increases BASF's production capacity for the corresponding products by about 400,000 metric tons per year. The investment of...
BASF is the first company to produce metal-organic frameworks (MOFs) on a production scale of several hundred tons per year. MOFs are highly crystalline structures with nanometer-sized pores and a large surface area. This structure offers a high capacity for the storage of carbon dioxide, the dehumidification of air...
BASF has broken ground for a syngas plant at its Verbund site in Zhanjiang, China. The new world-scale production plant, which is fully integrated into the Verbund site, is scheduled to come on stream in 2025. The chemicals group will use new process concepts in the syngas plant to reduce CO2 emissions compared with...
Orlen Południe, a leading player in biofuels in Poland, has recently concluded the first year of operation of its Bio PG plant, converting glycerol, a by-product of biodiesel production, into renewable propylene glycol (Bio PG). Bio PG obtained from glycerin is bio-based and a highly demanded product used to produce...
As part of its sustainability goal of achieving net zero CO2 emissions by 2050, BASF has installed an innovative proof-of-concept floating solar system at its McIntosh, Alabama manufacturing site. Noria Energy’s first of its kind floating solar system uses renewable energy to power three aerators used to improve the...
Japanese exploration and production company Inpex Corporation will use Hipact, a regenerative high-pressure CO2 capture technology jointly developed by BASF and its engineering partner JGC Corporation, as part of the "Kashiwazaki Clean Hydrogen/Ammonia" project. This is the first pilot project for the production of...
