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BASF flags at the Ludwigshafen site
May 20, 2026

BASF focuses on strength­ening and growing its core businesses in the next phase of its “Winning Ways” strategy

After the swift and almost complete carve-­out of its standalone businesses, BASF is focusing on strength­ening and growing its core businesses in the next phase of its “Winning Ways” strategy. The newly established Core Transformation Office, led by Julia Raquet (50), President, drives the implementation of cross-unit transformation projects across all core businesses, service units and corporate center units. The program, launched as “CoreShift,” aims to achieve up to 20 % net cash fixed cost savings in the core by 2029, compared with the 2024 baseline. In her new role, Julia Raquet reports directly to Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE.
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Due to its flexible colorability, the BASF PPA Ultramid® Advanced N3U41 G6 is now being used by Weidmüller in its PCB connectors and terminals. Photo: BASF
Trade News | May 22, 2026

Colorful and robust: Ultramid® Advanced for durable, safe PCB connectors and terminals

The electrical engineering company Weidmüller, Germany uses Ultramid® Advanced N3U41 G6 for the PCB connectors and terminals of its new OMNIMATE® 4.0 product family. The BASF polyphthalamide (PPA) is characterized by its flexible colorability in RAL colors such as color stable orange, blue, and green, thus contributing to the safe assembly and maintenance of E&E components. Thanks to its outstanding chemical resistance, dimensional stability, and very good processability, Ultramid® Advanced N improves the robustness and durability of OMNIMATE® 4.0 components.
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Business & Financial News | May 20, 2026

BASF signs agreement to sell silicates business, including assets in Düsseldorf, to PQ

BASF and PQ have signed an agreement for the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ. Subject to customary closing conditions such as regulatory approvals, the transaction is expected to be completed in H2 2026.
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BASF flags at the Ludwigshafen site
May 20, 2026

BASF focuses on strength­ening and growing its core businesses in the next phase of its “Winning Ways” strategy

After the swift and almost complete carve-­out of its standalone businesses, BASF is focusing on strength­ening and growing its core businesses in the next phase of its “Winning Ways” strategy. The newly established Core Transformation Office, led by Julia Raquet (50), President, drives the implementation of cross-unit transformation projects across all core businesses, service units and corporate center units. The program, launched as “CoreShift,” aims to achieve up to 20 % net cash fixed cost savings in the core by 2029, compared with the 2024 baseline. In her new role, Julia Raquet reports directly to Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE.
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Philippe Hosotte, Chief Innovation & Product Development Officer at Cromology, presents the new Tollens interior wall paint Maxiline+, developed in collaboration with BASF using chemically recycled feedstocks from end of life tires. Photo: Cromology
Trade News | May 20, 2026

Turning end-of-life tires into new resources for wall paint: BASF and Cromology advance circular coatings

BASF and Cromology announce a new step forward in circular economy solutions for the coatings industry.
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Trade News | May 20, 2026

BASF patents new hot gas welding process for plastics

BASF has patented a novel hot gas welding process for plastics. The technology enables thermoplastic components – especially those made of Ultramid® Advanced (polyphthalamide PPA) – to be welded significantly faster, more energy-efficiently and in a more material-friendly manner than with conventional hot gas welding processes.
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