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 to 335,000 metric tons...
BASF and Ingredi, a China based supplier of natural actives and solutions for the personal care industry, announce the signing of a partnership, including a strategic equity investment into Ingredi by BASF. While the Traditional Chinese Medicine (TCM) market is known by many consumers, the use of plant-based actives...
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production capacity to 600,000 metric tons per year by the middle of the...
BASF has completed a double-digit million euro investment to increase production capacity for Tinopal CBS optical brighteners at its Monthey site. Following phase one of the stepwise capacity increase in 2021, the recent completion of the investment program has now brought significantly increased capacity on stream to...
BASF has expanded the production capacity for its antioxidant Irganox 1010 at its site on Jurong Island, Singapore, by integrating an additional production line into the existing production facilities. “By expanding our production capacity, we respond to the increasing demand, and it allows us to support our customers...
BASF has started up a new methanes ulfonic acid plant at its Verbund site in Ludwigshafen. Demand for methanesulfonic acid (MSA for short) has risen steadily worldwide in recent years. This is also due to growing interest in particularly environmentally compatible products and formulations. In order to meet the growing...
BASF Venture Capital invests in Oceanworks, a sustainable plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. Oceanworks is based in the U.S. and offers a powerful platform for brands looking to reliably secure high-quality sources of ocean, ocean-bound, and...
BASF and Heraeus have agreed to form a joint venture (BASF: 50%; Heraeus: 50%) to recover precious metals from spent automotive catalysts. The new company named BASF Heraeus (China) Metal Resource Co., Ltd will be set up in Pinghu, China. The founding of the legal entity is targeted in Q1 2022, following the approval...
BASF Group significantly increased sales and earnings in the 2021 business year. “It was a strong and successful year for BASF,” said Chairman of the Board of Executive Directors, Dr. Martin Brudermüller, who presented the BASF Report 2021 together with Chief Financial Officer Dr. Hans-Ulrich Engel. “We increased sales...
BASF is now extending the color range of its expanded polypropylene foam (EPP) Neopolen. The new color grade is characterized by a deep light blue and complements the existing range of four bright colors signal red, azure blue, dark green and sunny yellow, in which BASF's EPP has been available to date. Neopolen P 9435...