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Aerial view of BASF-site Illertissen (Germany) Photo: BASF SE
Business & Financial News | December 23, 2024

BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company

BASF has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including high-quality, plant-based ingredients. BASF’s Food and Health Performance Ingredients portfolio plays a vital role in addressing growing trends in human nutrition. However, the business has limited synergies and integration into BASF and is no longer a strategic focus area.
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Aerial view of BASF-site Illertissen (Germany) Photo: BASF SE
Business & Financial News | December 23, 2024

BASF to sell Food and Health Performance Ingredients business to Louis Dreyfus Company

BASF has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including high-quality, plant-based ingredients. BASF’s Food and Health Performance Ingredients portfolio plays a vital role in addressing growing trends in human nutrition. However, the business has limited synergies and integration into BASF and is no longer a strategic focus area.
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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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Trade News | December 16, 2024

BASF’s Personal Care business succeeds in obtaining new cosmetic ingredient notification for Symbiocell® in China

BASF’s Personal Care business recently succeeded in obtaining a new cosmetic ingredient notification for Symbiocell®, which can be commercialized as a cosmetic ingredient with BASF’s authorization in China. A unique active ingredient, Symbiocell® (INCI: Water (and) Butylene Glycol (and) Cestrum Latifolium Leaf Extract (and) Xanthan Gum (and) Propanediol (and) Caprylyl Glycol), is proven through in vitro tests to support healthy levels of the basal expression of CD86 in skin dendritic cells. It effectively soothes sensitive skin and potentially excessive cutaneous reactions.

This News Release is only available in English.
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With its new Catalyst Development and Solids Processing Center in Ludwigshafen, Germany, BASF will serve as a hub for pilot-scale synthesis of chemical catalysts, enabling the company to offer its global customers faster access to innovative technologies. This pilot plant will also be of central importances for the development of new solids processing technologies. The picture shows the Catalyst Development and Solids Processing Center from the outside. Photo: BASF SE
Business & Financial News | December 12, 2024

BASF inaugurates new Catalyst Development and Solids Processing Center in Ludwigshafen

BASF officially opened its new Catalyst Development and Solids Processing Center in Ludwigshafen, Germany, on December 12, 2024. This research facility will serve as a hub for pilot-scale synthesis of chemical catalysts, enabling BASF to offer its global customers faster access to innovative technologies. This pilot plant will also be of central importance for the development of new solids processing technologies.
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Von links nach rechts: Patrick Schiffers, Senior Manager Global Biomass; Matthias Maase, Director Global Sustainability Care Chemicals; Thilo Zelt, Mitbegründer INOCAS; Yvonne Heischkel, Team Lead Procurement Scouting Renewables; Johannes Zimpel, Geschäftsführer INOCAS; Daniel Roser, Vice President Renewable Carbon Foto: BASF SE
Trade News | December 11, 2024

BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil

December 10, 2024 – BASF and INOCAS S.A. (Innovative Oil and Carbon Solutions) signed a long-term Supplier Finance Agreement, including offtake of Macaúba Kernel Oil and Macaúba Pulp Oil, an R&D project and options to acquire equity shares in INOCAS in future. The partnership includes financing of INOCAS’ plans to significantly expand the Macaúba oil production in Brazil on an industrial scale.
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