News Releases

“Overall, the development of EBITDA before special items in the second quarter of 2024 was in line with our expectations and the analyst consensus. We saw a continuation of the dynamics of the first quarter, marked by positive volume momentum across most of our businesses. There was still pressure on prices,” said Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, when presenting the figures for the second quarter of 2024 together with Chief Financial Officer Dr. Dirk Elvermann. 

BASF achieves ISCC+ certification across all its global major production sites for Acrylics, Alcohols, Glycol Ethers and Acetates, taking an important step to support customers fulfilling their targets and ambitions. With this step, BASF is now able to produce more than 60 products related to this portfolio with one or more sustainability attributes. 

Baby bottles of the baby feeding and nurturing products brand Thyseed are now made of BASF’s high-performance thermoplastic Ultrason^®. The bottles for babies and toddlers benefit from the BASF polyphenylsulfone (PPSU) Ultrason^® P 3010 in several ways: It is approved for food contact and features excellent mechanical strength, chemical resistance as well as resistance to superheated steam at 134°C. These properties ensure that the baby bottles are safe to use, while being lightweight and shatter-proof.

BASF's Coatings division has successfully renewed its agreement to procure 100% renewable electricity at its automotive OEM coatings manufacturing operations in Shanghai, China. Through a combination of Renewable Direct Power Purchase (R-DPP), International Renewable Energy Certificates (I-REC), and other measures, the company will continue to power its BASF Shanghai Coatings Minhang and Caojing sites, as well as the BASF Coatings' resin plant in Caojing, solely with green power. 

BASF today launched Haptex^® 4.0, an innovative polyurethane solution for the production of synthetic leather that is 100% recyclable. Synthetic leather made with Haptex 4.0 and polyethylene terephthalate (PET) fabric can be recycled together using an innovative formulation and recycling technical pathway without the need of layer peel-off process. This makes the reuse of the materials feasible.