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Business & Financial News | March 25, 2025

BASF sells share in Nordlicht wind farms back to Vattenfall and secures access to long-term supply of renewable electricity

To align the company’s green power supply and demand, BASF is streamlining its current portfolio of renewable power projects. Accordingly, BASF has decided to sell its 49 percent equity share in the Nordlicht 1 and 2 wind farms back to Vattenfall. In parallel, BASF continues the collaboration with Vattenfall by securing a long-term supply of renewable power for BASF’s chemical production in Europe – at a time when such additional supply will be needed.

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Results: 2001

VIP guests at the commencement ceremony include (from left to right):
Mr. Jan Peter Bredehoeft, Senior Vice President, Operations and Site Management Greater China, BASF; Mr. Lyu Xue Cheng, Vice Mayor of Pudong New District; Dr. Jeffrey Lou, President and Chairman, BASF Greater China; Mr. Li Zheng, Member of the Standing Committee of CPC Shanghai Municipal Committee, Secretary of CPC Pudong New District Committee; Dr. Martin Jung, President of the Performance Materials Division, BASF; Mr. Bjoern Kophstahl, Vice President of Cellasto®, BASF; Mr. Xu Yi Bin, Vice President, General Manager of Pudong site, BASF

Photo: BASF SE
Trade News | April 15, 2025

Cellasto® invests €60 million to establish a second plant in China

Shanghai, China – April 14, 2025 – Cellasto®, the world leader in Noise, Vibration and Harshness (NVH) components, is investing roughly €60 million to establish a second plant in Shanghai, China. This production expansion aims to capitalize on China’s booming electric vehicle market. The new facility will feature advanced mold lines, resulting in a capacity increase of nearly 70%, with operations expected to start in 2027. A commencement ceremony was held on April 14th to celebrate this expansion.

This News Release is only available in English.
 
Trade News | April 15, 2025

BASF Coatings sets new standard in end-to-end digital color solutions for body shops with Refinity®

In its cloud-based platform Refinity, BASF Coatings consolidates a comprehensive suite of digital business solutions for the automotive refinish industry, ensuring body shops worldwide can embrace sustainable digitalization with confidence. With the latest launch of a new color innovation and additional features, automotive refinish customers get access to the most advanced digital color experience, as well as business and training solutions seamlessly.
Trade News | April 9, 2025

in-cosmetics Global 2025: BASF's Personal Care business wins BSB Innovation Prizes and Supplier Award

Amsterdam, Netherlands – April 9, 2025 – During in-cosmetics Global in Amsterdam, BASF's Personal Care business unit received three Innovation Prizes from the German consulting agency BSB. At the same time, the company was named the most popular supplier ranked by product searches on SpecialChem. The platform provides access to a free industry product database of cosmetic and personal care ingredients. “It’s an honor to be recognized for our commitment to developing and delivering cutting-edge, sustainable solutions that meet the evolving needs of our customers and consumers worldwide. This recognition fuels our passion to continue pushing the boundaries of what is possible in the personal care industry,” said Peter Weinert, Vice President, Business Management Personal Care Europe, Middle East, and Africa at BASF.

This News Release is only available in English.
 
From left to right:
Patrick Zhao, Senior Vice President, Global Automotive OEM Coatings; John VanAntwerp, Global Key Account Manager Automotive OEM Coatings; Uta Holzenkamp, President BASF Coatings; Jeff Jones, Managing Director and Vice President Automotive OEM Coatings; and Sham Kunjup, Executive Director, EV Critical Materials.
(Photo: GM)
Trade News | April 9, 2025

BASF Coatings recognized as 2024 Supplier of the Year winner by General Motors

General Motors presented BASF Coatings with a 2024 Supplier of the Year Award at GM’s 33rd annual Supplier of the Year event in Phoenix, Arizona, USA.
Trade News | April 8, 2025

Auto Shanghai 2025: trinamiX showcases premium health and safety features for drivers and passengers

Ludwigshafen, Germany, April 8th, 2025 – trinamiX will present the Invisible Biometric Sensing Display at Auto Shanghai 2025. It detects occupants and tracks their vital signs using a camera and a laser dot projector installed behind the dashboard display. The technology supports a wide range of safety and comfort functions and works through an OLED screen, meaning it is completely invisible to the naked eye. The intelligent display solution, developed in collaboration with trinamiX’s partner Continental Automotive (UX), has been recognized as a 2025 CES Innovation Award Honoree in the "Vehicle Tech and Advanced Mobility" category.

This News Release is only available in English.