BASF has signed a partnership, including a strategic equity investment, in Chinese firm Ingredi. Precise details were not disclosed but BASF said that this will enable Ingredi to extend its production facilities and that the two companies will work together to “identify new solutions and commercialise these to the global personal care market”.
Marko Lange, product manager for SAP, looks at the need to measure the carbon footprint of your entire supply chain
Amid a global push for greenhouse gas (GHG) emission reductions and more responsible resource stewardship, newcomers like German data analytics start-up Carbon Minds, along with some of the biggest names in the chemicals business, are mobilising to meet that challenge.
Umicore has agreed to develop high-performance catholyte materials for solid-state batteries with Japan’s Idemitsu Kosan, combining its expertise in cathode active materials (CAMs) for lithium-ion batteries with that of Idemitsu Kosan in high-purity lithium sulfide. Catholytes combine CAMs and solid electrolytes, enabling solid-state batteries to achieve better performance.
BASF’s board has decided to also wind down all business activities in Russia and Belarus by the beginning of July, except those needed to support food production. The company said that the decision was driven by the recent developments in the war in Ukraine and international law, including the fifth sanctions package by the EU.
BASF is building a new world-scale plant for alkylethanolamines at the verbund site in Antwerp, Belgium, one of four sites where it already producest them. This will increase the firm’s global capacity by nearly 30% to 140,000 tonnes/year. Start-up is planned for 2024
BASF is bundling its activities in renewable energies under the umbrella of BASF Renewable Energy from the start of 2022. Led by Horatio Evers, this subsidiary will focus on supplying European sites with electricity from renewable energies, electricity trading and global consulting.
BASF is to sell its kaolin minerals business, which is part of the Performance Chemicals division and is regarded as non-core, to Georgia-based minerals company KaMin. This is expected to close in 2H 2022, subject to approval by the relevant merger control authorities. The business employs about 440 people and had sales of around €155 million in 2020.