BASF increases production capacity for aminic antioxidants

• Investment addresses increasing global demand for long-life lubricants
• Capacity expansion project for aminic antioxidants at BASF’s Puebla site to be completed in 2026

FLORHAM PARK, NJ, March 20, 2025 – BASF is investing in its manufacturing site in Puebla, Mexico, to increase the capacity of aminic antioxidants for lubricants. This expansion underscores BASF's commitment as a dedicated supplier of components for the lubricant industry, addressing the growing demand for antioxidant additives, driven by increasing stability requirements in lubricating oils and the growing number of vehicles on the road.

"We are dedicated to understanding and addressing the evolving needs of our customers, both regionally and globally, by enhancing the reliability of our production and delivery processes," said Marius Vaarkamp, Business Director Components North America, Fuel & Lubricant Solutions, BASF. "Our investment in the production of aminic antioxidants for lubricants reflects our commitment to providing solutions that align with market demands."

About BASF's Fuel and Lubricant Solutions business

With innovative products, industry-leading technical expertise and a global presence, we serve customers of various industries globally, close to their markets. Our portfolio comprises innovative solutions including engine coolants and brake fluids, synthetic base materials, lubricant additives and selected finished lubricants, as well as fuel performance packages and polyisobutenes. For more information, please visit www.basf.com/fuel-lubricant-solutions.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had sales of $19.7 billion in 2024. For more information about BASF’s North American operations, visit www.basf.com/us.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.