BASF and Schütz signed an agreement for Schütz to build a highly automated IBC production and storage facility at BASF's Ludwigshafen headquarters. Construction is scheduled to start in the third quarter of 2026.
Henkel is acquiring Stahl for an enterprise value of €2.1 billion, buying the stakes held by Wendel, BASF and Clariant, to strengthen Stahl's specialty coatings for flexible materials. Completion is subject to closing conditions and regulatory approvals.
Ampo Poyam Valves has supplied forged gate valves, including 24-inch 1500-class units in F91 material, for the ethylene unit of BASF's CR Cluster in Zhanjiang, Guangdong, China, for EPC contractor HQC.
GIG Karasek, as EPC contractor, is delivering what is described as the world's most powerful industrial heat pump system for BASF at Ludwigshafen, with Piller Blowers & Compressors supplying 11 compressors. The project aims to produce CO2-free steam for formic acid production and cut related emissions by 98%.
GIG Karasek has been awarded an EPC contract by BASF SE to deliver a 50 MWth industrial heat pump system at the Ludwigshafen site in Germany, for CO2-free steam generation. The project is funded with up to €310 million and commissioning is scheduled for 2027.
Pump maker KSB is supplying 300 centrifugal pumps worth about €13 million to BASF for its new Verbund site in Zhanjiang, Guangdong, China, with 19 units already shipped since December 2023.
ARCA has been reselected as BASF's MVV4 main valve vendor for 2021 to 2026 with an option to extend. The framework agreement for supplying standard control valves is to be signed shortly.
ARCA Regler was named again as one of two global key suppliers of automated control valves to BASF under the MVV4 framework for 2021 to 2026. The framework agreement was to be finalised and signed shortly.
Italian metal packaging maker Tecnocap now uses BASF's biomass-balanced plasticizer Hexamoll DINCH BMB in the sealing gaskets of its metal closures for food packaging, announced in a joint release dated September 23, 2021.
BASF has entered a collaboration with Pulpex and its global partners to develop proprietary food-grade barrier technologies for the Pulpex paper bottle. The company also aims to add hot-fill and carbonated product capability by end of 2022.
BASF plans to acquire Belgian chemicals company Solvay's worldwide polyamide business. The deal is under EU merger review, with the deadline extended to January 11, 2019.
BASF and customer Schaumaplast launched a packaging solution made from Styropor MB, the first expandable polystyrene on the market produced with BASF's biomass balance method.
BASF plans to invest more than €200 million globally in its plastic additives business over five years, about half in Asia, focusing on capacity expansions and operational excellence.