BASF Acquires Crop Protection Technology from AgriMetis

BASF Agricultural Solutions acquired the proprietary Glu-L technology for L-glufosinate ammonium from AgriMetis, an industry leader in biotechnological innovations for crop protection. With this technology, BASF will provide farmers with a more efficient solution and improved formulation to protect against troublesome weeds. “The Glu-L technology builds on BASF’s continued commitment to innovative solutions that help … Read more

BASF and Idemitsu JV to Cease Operation of Production Plant for BDO

BASF Idemitsu Co., Ltd., a joint venture between BASF SE and Idemitsu Kosan Co., Ltd., will be closing its 1,4-Butanediol (BDO) plant at Chiba, Japan in December 2020. The joint venture agreement between BASF and IKC will be terminated thereafter. BASF’s decision to close the BIC plant in mutual agreement with IKC is part of … Read more

BASF Invests to Boost Alkoxylate Capacity in Asia Pacific

BASF has acquired land, buildings and assets of SPC (Sinopec Shanghai Petrochemical Company, Ltd., China), related to alkoxylates production, adjoining the BASF Jinshan site, in order to fulfil the growing demand from customers across Asia Pacific, especially China. With the current alkoxylate line in the Care Chemicals Jinshan plant running at full capacity, this acquisition … Read more

BASF India Ltd Approves Acquisition of BASF Performance Polyamides

BASF India Limited’s Board of Directors have approved the acquisition of 100% stake by the Company in BASF Performance Polyamides from BASF Nederland B.V. and BASF SE. The deal consideration amount is not exceeding Rs 305 crores ($40.6 million), including adjustments, if any, at arm’s length basis, subject to the approval of the shareholders of … Read more

BASF Invests in Capacity Expansion for Methane Sulfonic Acid

BASF will expand its 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 company had announced the expansion plan of MSA at the end of 2018. The construction works started … Read more

BASF Expands Low 1,4-Dioxane Line Following Ban in NY

BASF has expanded its low 1,4-dioxane line as regulators, including those in New York, have continued to target 1,4-dioxane in personal care and household cleaning products due to purported health concerns. BASF Flex solutions’ portfolio includes surfactants such as Texapon N 70 NA FlexGold N/A 5 and Texapon N 70 NA FlexSilve. “Formulating with Flex … Read more

BASF to Expand Polyurethane Dispersions Capacity in Spain

BASF SE announced a single-digit million-euro investment to increase capacity of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30%. “We want to continue to provide our customers with high-quality polyurethane dispersions and help them grow by ensuring supply reliability. Considering the rising … Read more

BASF Completes the Divestiture of its Ultrafiltration Membrane Business to DuPont

BASF has closed the previously announced transaction to divest its ultrafiltration membrane business to DuPont Safety & Construction (DuPont). The divestiture includes the shares of inge GmbH, the business’ headquarters and production site in Greifenberg, Germany, including all employees, its international sales force, and certain intellectual property previously owned by BASF SE. Financial details of … Read more

BASF to Sell Construction Chemicals Business to Lone Star Funds

BASF SE announced that it has entered a deal to sell its construction chemicals business to Lone Star Funds, a global private equity firm for 3.17 billion euros ($3.5 billion). The deal, which has immediate effect upon BASF’s reporting, is expected to close in the third quarter of 2020, according to the statement. The deal … Read more

BASF Begins $10 Billion Verbund Project in China

BASF officially launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants. The project is estimated to cost US$10 billion as announced in July 2018. The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China … Read more

Saudi Government Agency Announces New Petchem Investment Deals Worth over $2bn

The Saudi Arabian General Investment Authority (SAGIA) has announced more than $2bn worth of new petrochemical investment deals, which include a new polyacrylamide plant and an ammonia project in Jubail. The deals were signed in Riyadh between the SAGIA and five chemical majors, namely, German BASF, Anglo-Dutch Shell, Japanese Mitsui & Co, French SNF and … Read more

BASF, Adani, Borealis, ADNOC Sign MoU to Study Joint Development of $4-bn Petrochemical Complex

Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India. This is the next step of BASF’s and Adani’s investment plans as … Read more

BASF Plans Expansion of Ethylene Oxide, Derivatives Complex at Antwerp

BASF will expand the capacity of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium in line with its customer-focused corporate strategy. The total investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products with an expected investment amount exceeding €500 million ($544 million). “This … Read more

BASF Enters into Natural Flavor and Fragrance Ingredients Market

BASF enters the market for natural F&F ingredients by acquiring Isobionics, an innovation leader in biotechnology which is serving the global market for natural flavors and fragrances (F&F), and through a cooperation agreement with Conagen, a leader in biotechnology research. Being known as a leading supplier of synthetic aroma ingredients, the company now broadens its … Read more

DuPont to Acquire Ultrafiltration Membrane Business from BASF

DuPont Safety & Construction (DuPont) today announced it has signed an agreement to acquire the Ultrafiltration Membrane business from BASF including inge GmbH. The transaction, including the business’ international workforce, its headquarters and production site in Greifenberg, Germany, and associated intellectual property currently owned by BASF SE., is expected to close by the end of … Read more

DIC to Acquire BASF’s Global Pigments Business

BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion ($1.27 billion). The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant … Read more

BASF Increases Capacity for Higher Carboxylic Acids

BASF has increased its global production capacity for the Higher Carboxylic Acids (HCA) Isononanoic Acid (INA) and 2-Ethylhexanoic Acid (2-EHA) from 55,000 metric tons to 68,000 metric tons per year. With world-scale and highly flexible production facilities at its Verbund sites in Ludwigshafen, Germany, and Kuantan, Malaysia, BASF is among the leading producers of HCA … Read more