# BASF and Aspen Aerogels expand strategic partnership for new insulation product

BASF and Aspen Aerogels signed an addendum to their exclusive supply agreement for a new non-combustible, high-performance thermal insulation product. Aspen received a second prepayment from BASF to support product optimization and new process development.

- Type: Partnership
- Announced: 2019-04-03
- Status: announced
- Products: non-combustible thermal insulation product, SLENTEX
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [Aspen Aerogels](https://endata.com/companies/38489.md) (partner)

## Sources

- [ir.aerogel.com](https://ir.aerogel.com/news/news-details/2019/BASF-and-Aspen-Aerogels-Expand-Strategic-Partnership-2019-4-3/default.aspx), 2019-04-03: "This addendum recognizes the commitment to our cooperative development and the additional prepayment strengthens our financial position."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.