Daniel Freidank (left) and Wei Leng (right), lab managers, check the quality of viscoelastic polyurethane foam. The density of a foam product depends on the type and amount of blowing agent, and the flexibility or rigidity on the structure of polyols and isocyanates involved. Print free of charge. Copyright by BASF
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Business & Financial News | 22. april 2025

BASF completes divestment of shares in its two joint ventures in Korla, China

BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction.
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Yusuke Utaka (left) of Hagihara Industries and Dai Watanabe (right) of BASF Japan, avid football fans, kick back on the synthetic turf field enhanced with BASF’s Tinuvin®. Photo: BASF SE
Trade News | 22. april 2025

BASF and Hagihara Industries collaborate to deliver highly durable artificial grass for sports fields

BASF, a global leader in chemical innovation, and Hagihara Industries, Inc., a leading synthetic fiber producer in Japan, have joined forces to develop highly durable polyolefin yarns for artificial turf used in sports arenas, including football stadiums, baseball fields, and tennis courts. After three years of collaborative research and development, the two companies have created an advanced formulation with a series of Tinuvin® grades that significantly enhances the durability of synthetic grass, making it less susceptible to damage from sun exposure and ensuring it retains its vibrant color.

This News Release is only available in English.
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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 | 15. april 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.
 
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Trade News | 15. april 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.
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Trade News | 9. april 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.
 
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