Tag: BASF

BASF starts producing EU-REDcert-methanol

BASF starts producing EU-REDcert-methanol

November 12, 2018 |

In Germany, BASF has started production of methanol on the basis of renewable raw materials according to the biomass balance approach. The product name is EU-REDcert-methanol. The company replaces fossil raw materials with second-generation renewable raw materials and uses waste as well as residual materials. As a result, BASF reduces emissions of climate-damaging greenhouse gases […]

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BASF to invest in LanzaTech an undisclosed amount

BASF to invest in LanzaTech an undisclosed amount

June 13, 2018 |

In Germany, BASF Venture Capital GmbH is to invest in LanzaTech. “LanzaTech offers a promising technology that allows currently unused industrial residue and waste streams to be recycled,” says Markus Solibieda, Managing Director of BASF Venture Capital. “We support our customers and society with chemistry that makes optimum use of available resources, and we are […]

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BASF joins RSB as newest member

BASF joins RSB as newest member

March 23, 2018 |

In Switzerland, the Roundtable on Sustainable Biomaterials has a new member – BASF, a multinational chemicals company. BASF brings a wealth of experience in the biochemicals sector to RSB’s membership, and they anticipate relevant impact from BASF’s input on their platform. BASF wants to contribute to a thriving world that turns residues and wastes into […]

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BASF to Buy Bayer’s Seed Assets for Billions

BASF to Buy Bayer’s Seed Assets for Billions

October 21, 2017 |

In New Jersey, BASF agreed to buy almost all of Bayer’s seed assets including LibertyLink seeds and chemistry for $7 billion, assuming the Bayer acquisition of Monsanto goes through. If all goes as planned, BASF will gain 1,800 Bayer employees, 700 of them in North America and 81 Bayer sites. This is BASF’s first time […]

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Rockin’ PEFormance: €25M for Synvina-led consortium for biobased materials

Rockin’ PEFormance: €25M for Synvina-led consortium for biobased materials

June 11, 2017 |

In the Netherlands, a BBI subsidy of €25 million has been granted to “PEFerence,” a consortium consisting of 11 companies including Synvina, Avantium, BASF,  Tereos Participations (France), Alpla Werke Alwin Lehner GmbH & Co Kg (Austria), OMV Machinery Srl (Italy) and Croda Nederland B.V. (The Netherlands), Nestec Sa (Switzerland) Lego System As (Denmark), Nova-Institut für […]

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BASF licenses CRISPR-Cas9 genome-editing technology from the Broad Institute

BASF licenses CRISPR-Cas9 genome-editing technology from the Broad Institute

March 26, 2017 |

In North Carolina, BASF reached a global licensing agreement with the Broad Institute of MIT and Harvard for the use of CRISPR-Cas9 genome-editing technology to improve products in agricultural and industrial microbiology applications. The technology advances genome editing because it has the potential to be a simpler and more precise tool for making targeted changes […]

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Strategic Intent: The Digest’s 2016 Multi-Slide Guide to BASF, Audi

Strategic Intent: The Digest’s 2016 Multi-Slide Guide to BASF, Audi

October 11, 2016 |

This season, The Digest is hosting the Strategic Intent webinar series, looking at the plans, progress and future milestones of strategic stakeholders in the Advanced Bioeconomy. In this slide deck, we looked at BASF and Audi and their direct investments, partnerships and alliances with companies both heralded and unknown.

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Avantium raises €20M in a financing round led by PMV 

Avantium raises €20M in a financing round led by PMV 

April 19, 2016 |

At the World Congress on Industrial Biotechnology in San Diego, Avantium revealed the closing of a new financing round of €20 million led by PMV, an independent investment company for Flanders, with investments also by FPIM, a Belgian Federal Holding and Investment Company, and Avantium’s existing shareholders. The funds will be used to commercialize the […]

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BASF and Avantium announce talks towards JV for PEF and FDCA

BASF and Avantium announce talks towards JV for PEF and FDCA

March 15, 2016 |

In the Netherlands, BASF and Avantium announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of a new polymer, polyethylenefuranoate (PEF), and its main chemical building block furandicarboxylic acid (FDCA) using renewable resources. The JV will use the YXY […]

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The renewable plastic bottle goes commercial: BASF and Avantium to establish JV for biobased plastics, chemicals

The renewable plastic bottle goes commercial: BASF and Avantium to establish JV for biobased plastics, chemicals

March 15, 2016 |

In the Netherlands, BASF and Avantium have signed a letter of intent and entered into exclusive negotiations to establish a joint venture for the production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block. FDCA is produced from renewable resources. The JV will use […]

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