Electromobility is globally recognized as a decisive factor for achieving climate neutrality. High-performance lithium-ion batteries for electric vehicles play a key role to reach these goals. BASF is a leading player in the battery materials market focusing on high-performance cathode active materials (CAM) and anode...
Following the approval of all relevant authorities, BASF and Shanshan have formed the joint venture “BASF Shanshan Battery Materials Co., Ltd.”. The new entity will be majority owned by BASF (BASF 51% and Shanshan 49%). The newly formed company has four sites in Hunan and Ningxia, China, with more than 1,600 employees...
Following the approval of all relevant authorities, BASF has today successfully completed the purchase of 49.5% of the offshore wind farm Hollandse Kust Zuid from Vattenfall. The closing of the transaction, originally expected for the fourth quarter of 2021, was completed earlier than planned. According to the...
BASF opened a new Center of Excellence laboratory for its Catamold business in Shanghai, China. The new facility will serve as the hub of expertise for solutions and products for the metal injection molding (MIM) market in China and the rest of Asia. “The establishment of the new lab in Shanghai marks a key milestone...
BASF has agreed with Sandoz, a subsidiary of Novartis, to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF to further develop its production footprint for enzymes and biotechnology products. Both parties agreed not to disclose financial details of the agreement. “This investment is a clear...
BASF will increase innovation capabilities for its superabsorbent polymer business by building a state-of-the-art Superabsorbents Excellence Center at its Verbund site in Antwerp, Belgium. The €25 million investment is a clear commitment of the company to the hygiene business as an important part of its acrylics value...
In a circular economy, the aim is to avoid waste, reuse products and recover resources. “Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer...
Martin Brudermüller, CEO of BASF was elected President of Cefic, effective immediately, at Cefic’s annual General Assembly. He succeeds Daniele Ferrari, CEO of Versalis (Eni) who has held this post since October 2018. Marco Mensink, Cefic’s Director General: “I am pleased to welcome Martin Brudermüller as our new...
BASF New Business GmbH (BNB), a wholly owned subsidiary of the German chemical company BASF SE, and the leading Korean P2G system company G-Philos have signed a memorandum of understanding (MoU) to cooperate in P2G projects globally. Up to 2022, BNB will supply NAS batteries that can provide a total of 19.2 MWh of...
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 construction permits to...