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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.
BASF generated sales of approximately €11 billion with innovations last year
In 2024, BASF generated sales of around €11 billion with products that have come on the market in the past five years and stem from research and development activities. These figures can also be found in the BASF Report 2024, which was published on March 21, 2025. “Our long-term aim is to further increase our sales and earnings from new and improved products – especially with technologies that contribute to sustainability,” said Dr. Stephan Kothrade, member of the Board of Executive Directors and Chief Technology Officer at BASF. In 2024, BASF was once again among the leading companies in the chemical industry in terms of the number and quality of its patents. The company filed 1,159 new patents, roughly 45 percent of which had a particular focus on sustainability.
trinamiX expands its portfolio for plastics and textile identification with new handheld NIR spectrometer “trinamiX PAL Two”
March 25, 2025 – Ludwigshafen, Germany – trinamiX GmbH, a leading provider of mobile spectroscopy solutions and subsidiary of BASF, will participate in the Plastics Recycling Show Europe (PRSE) 2025, taking place in Amsterdam, Netherlands. The company will showcase its versatile technology for identifying various plastics and textiles, which plays a crucial role in enhancing the recycling process.
BASF Aroma Ingredients innovates with two new Isobionics® biotech flavor ingredients
Geleen, Netherlands – Isobionics®, a biotechnology brand of BASF Aroma Ingredients, is launching two new natural ingredients on the flavor market. Isobionics® Natural beta-Sinensal 20 and Isobionics® Natural alpha-Humulene 90 are produced using an innovative cutting-edge fermentation process, making them a novelty in the flavor industry. Both new products will be presented for the first time at the FlavourTalk Raw Materials Exhibition 2025, which will take place on March 26-27 at the Millennium Gloucester Hotel Conference Centre in London, United Kingdom.
BASF Coatings increases production capacities in Caojing, China to meet growing Automotive demand in Asia Pacific
Shanghai, China - March 24, 2025 - BASF’s Coatings division has successfully expanded its production capacity for polyester and polyurethane resin at its Caojing plant in Shanghai, China. Originally established in 2015 with an annual capacity of 8,000 metric tons of polyester and polyurethane resin, the plant has now increased its capacity to 18,800 metric tons per year — a more than twofold increase.