Keyword: BASF

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BASF and Alpek Restructure Polioles JV, Swap Assets

14.07.2014 - World's largest chemical producer BASF and Mexico's Alpek have agreed to restructure their 50:50 Mexican joint venture Polioles. Under the terms of the transaction set to close in...

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EU Climate Goals Not Attainable, Says BASF Chief

08.07.2014 - The EU's goal for 2030 of cutting greenhouse gases by 40% against 1990 is not realistic, BASF chief Kurt Bock said at an economic conference of the German Christian Democratic...

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EU Energy Chief Tells Germany to Keep Fracking Options Open

07.07.2014 - Europe could eventually get a tenth of its power needs from shale gas if it can overcome reservations such as those voiced in recommendations from two German cabinet ministers, a...

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BASF to Sell Stake in Styrolution to JV Partner Ineos

01.07.2014 - BASF has decided to exercise the put option in its 2011 joint venture agreement with Ineos and sell its 50 % stake in Frankfurt, Germany-based styrenics producer Styrolution to the...

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US Shale Spurs Record Foreign Chemical Investment

30.06.2014 - Chemical producers around the globe plan to invest as much as $72 billion in new US production facilities to take advantage of cheap shale gas-derived feedstock, says a report by...

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BASF Realigns European Precious Metal Recycling

27.06.2014 - BASF has announced plans to consolidate manufacturing operations at its Cinderford, Gloucestershire, precious metals recycling plant in the UK, exiting its "non-strategic"...

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BASF Lifts Compounding Capacity in Asia

25.06.2014 - BASF is significantly expanding compounding capacity for its Ultramid PA and PBT in Asia to meet demand from automotive industry customers. Additionally, it is widening output of...

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BASF Opposes Extension of HBCD Flame Retardants

20.06.2014 - BASF has expressed its opposition to EU extension of permission to use hexabromocyclododecane (HBCD) flame retardants - used mainly to fireproof polystyrene foam - as sought by...