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BASF and research partners study how the mechanical recycling of plastics can be improved by integrating such methods directly in the process.
Business & Financial News | December 19, 2024

BASF and research partners collaborate to optimize mechanical recycling of plastics

BASF has teamed up with Endress+Hauser and TechnoCompound as well as the Universities of Bayreuth and Jena to study how the mechanical recycling of plastics can be improved. With funding from the German Federal Ministry of Education and Research (BMBF), the SpecReK project aims to reliably and precisely identify the composition of plastic waste during the recycling process and thus improve the quality of recycled plastics. This will be achieved by combining state-of-the-art measuring techniques with artificial intelligence (AI).
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Front row f.l.t.r..: Meinhard Grodde, Head of Legal and Compliance, Vulcan Energie, Thorsten Weimann, Managing Director and Chief Development Officer, Vulcan Energie, Uwe Liebelt, President European Verbund Sites at BASF, Tilmann Hezel, Senior Vice President Infrastructure at BASF; Back row f.l.t.r.: Horst Kreuter, Co-Founder and Chief Representative, Vulcan Energie, Jutta Steinruck, Mayor City of Ludwigshafen, Cris Moreno, Managing Director and CEO, Vulcan Energy, Daniela Schmitt, Minister of Economic Affairs Rhineland-Palatinate, Nicolas Meyer, Mayor City of Frankenthal
Trade News | November 20, 2024

Joint News Release: Vulcan and BASF form partnership to explore regional geothermal potential

Vulcan and BASF have signed a memorandum of understanding in the presence of Daniela Schmitt, Minister of Economic Affairs, Transport, Agriculture and Viniculture for Rhineland-Palatinate, to explore the use of geothermal energy at the chemical company’s Ludwigshafen site as part of a strategic partnership. The partners aim to jointly evaluate opportunities for harnessing natural heat from deep geothermal sources to supply BASF’s largest site with renewable energy capable of meeting base load power requirements in the future. The surrounding urban centers of Frankenthal and Ludwigshafen also stand to benefit from the sustainable heat and are participating in the necessary seismic surveys as a first step. In order to make optimal use of synergy effects from the project, Vulcan plans to build a lithium extraction plant for the production of green lithium.
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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.
This News Release is only available in English
 
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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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