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From left: Gautam Reddy K, CEO, AM Green Ammonia; Mahesh Kolli, Group President, AM Green; Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE and Alexander Gerding, Managing Director, BASF India and Head, BASF Group Companies India.
Trade News | October 28, 2024

BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India and for the offtake of 100,000 tons of green ammonia annually

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India.
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Robert Habeck, Federal Minister for Economic Affairs and Climate Action, presented the official notification of funding to Uwe Liebelt, President European Verbund Sites, BASF SE. Photo: BMWK / Andreas Mertens
Business & Financial News | October 15, 2024

BASF receives funding approval for the construction of a heat pump for CO2-free steam generation

BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump. In the coming months, the company will therefore be able to start the preparatory construction work for the project at its Ludwigshafen site. The project is intended to make an important contribution to reducing CO2 emissions. Today, Robert Habeck, Federal Minister for Economic Affairs and Climate Action, presented the funding approval to Uwe Liebelt, President European Verbund Sites, BASF SE.
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Trade News | October 7, 2024

BASF and Evonik agree on first deliveries of biomass-balanced ammonia with reduced carbon footprint

BASF and its customer Evonik have agreed on the first delivery of BASF’s ammonia BMBcertTM grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon footprint (PCF). With its ammonia BMBcert, BASF delivers to Evonik a product whose PCF is at least 65 % lower than the standard product.
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Business & Financial News | September 12, 2024

BASF’s Care Chemicals division publishes its Responsible Sourcing Report 

Ludwigshafen, September 12, 2024 – BASF’s Operating Division Care Chemicals today released the second edition of its Responsible Sourcing Report (RSR). The report shows the division’s progress made in 2023 in the topic of sustainability with its three pillars – economy, environment and society – and is also an endorsement of BASF's commitment to sustainability, demonstrating the company’s dedication to supporting smallholder farmers and promoting sustainable practices.
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Trade News | August 8, 2024

BASF switches their portfolio to bio-based Ethyl Acrylate (EA)

Ludwigshafen, Germany – BASF gives a clear sign towards biotransformation of their (Meth)Acrylate portfolio and switches their production to bio-based Ethyl Acrylate (EA) starting Q4 2024. With a 14C-traceable bio content of 40% according to DIN EN 16640 and a low Product Carbon Footprint (PCF), bio-based EA from BASF helps customers worldwide to reach their sustainability goals. The product offers a PCF reduction of ~30% compared to fossil-based EA. Additionally to regular bio-based EA, BASF also offers bio-based Ethyl Acrylate BMB ISCC Plus. Here, the remaining carbon content originated from fossil based acrylic acid is ISCC PLUS certified, and by applying BASF’s biomass balance (BMB) approach, this variant offers a further reduced product carbon footprint.
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