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Business & Financial News | July 1, 2025

BASF closes purchase of DOMO Chemicals’ shares in Alsachimie joint venture

Ghent and Waterloo, Belgium; July 1, 2025 – BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential polyamide (PA) 6.6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed to not disclose financial details of the transaction.

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Operational since 2022, the Pinghu site in China is Chemetall’s largest production site globally.
(Photo: BASF)
Trade News | July 8, 2025

Chemetall site in China receives recognition from Pinghu Dushan Port government for its commitment to drive sustainability

Zhejiang Chemetall Surface Treatment Materials Co., Ltd, the Pinghu site of the Surface Treatment global business unit of BASF’s Coatings division, operating under the Chemetall brand, has been recognized for its commitment to sustainability by the Economic Development and Ecological Environment Bureau in Pinghu Dushan Port, China. The site was commended for its pioneering efforts in achieving 100% renewable electricity coverage powered through the purchase of green electricity and implementation of photovoltaic power generation systems, serving as a reference for green and low-carbon transformation to other chemical firms in the industrial district.
Business & Financial News | July 1, 2025

BASF closes purchase of DOMO Chemicals’ shares in Alsachimie joint venture

Ghent and Waterloo, Belgium; July 1, 2025 – BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential polyamide (PA) 6.6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed to not disclose financial details of the transaction.
Trade News | July 1, 2025

BASF and BACHL complete transfer of Styrodur® business to BACHL

Ludwigshafen and Röhrnbach, Germany – BASF has sold its business with Styrodur®, an insulation material made from extruded polystyrene (XPS), to Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (BACHL). Following approval by the relevant authorities, the transaction was completed with effect from June 30, 2025. The sale also includes the brand Styrodur®. The parties have agreed to keep the financial details of the transaction confidential.
Trade News | July 1, 2025

BASF announces senior leadership changes for its global Electronic Materials business unit

Ludwigshafen; Taipei – July 1, 2025 – BASF today announced senior leadership changes in its Electronic Materials business. The global business unit will strategically base its operations in Taipei, Taiwan as of July 1, 2025.
Trade News | June 18, 2025

BASF mining solutions and FUCHS announce cooperation to serve the Australian mining industry

BASF and FUCHS are pleased to announce that they have entered into a cooperation agreement in Australia. This agreement aims to leverage the strengths of both companies to better serve the Australian mining industry, combining BASF’s advanced chemistry and deep formulation knowledge with FUCHS’ strong on-ground presence, technical service and customer intimacy.