Tag: BASF

BASF invests in biotech start-up Bota Bio for living cells and enzymes tech to make products

March 21, 2021 | Helena Tavares Kennedy

In Germany, BASF Venture Capital invested in Bota Biosciences, Ltd., an industrial synthetic biotech company based in China that is developing a proprietary next-generation biotechnology platform which enables sustainable and economical production of high value products for a broad array of industrial applications such as sweeteners, vitamins, personal care or crop protection products. Industrial biotechnology […]

BASF announces two biosurfactant deals

March 15, 2021 | Rebecca Coons

In Germany, chemicals giant BASF has entered into two partnerships in the biobased surfactants space. A strategic alliance with biomass-based surfactants producer Allied Carbon Solutions Co., Ltd (Japan) includes an exclusive technology cooperation, commercial agreement and product development for sophorolipids, one class of glycolipids. The deal includes an unspecified equity stake that makes BASF its […]

BASF reports strong performance in Q4 2020 due to higher volumes and prices

February 28, 2021 | Helena Tavares Kennedy

In Germany, BASF reports a strong 2020 and reported the company outlook for 2021 with an expected sales growth between €61 billion ($73.8 billion) and €64 billion (about $77 billion) (as compared to 2020’s €59.1 billion, or about $71.4 billion). “In a challenging 2020 business year, BASF was able to close out the year on […]

BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners

December 20, 2020 | Helena Tavares Kennedy

In Illinois, BASF reached an agreement to sell its manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The businesses have around 160 employees including business […]

BASF and TECNALIA accelerate R&D of new crop protection products through digitalization

November 7, 2020 | Helena Tavares Kennedy

In Germany, BASF and TECNALIA, a European center for research and technological development, are collaborating in digitalization to accelerate the global research and development of new crop protection products which will help contribute to a faster development of innovations that respond to farmers’ needs worldwide to control weeds, fungal diseases and insect pests in their […]

BASF makes progress toward reaching its sustainable palm oil commitment

November 1, 2020 | Helena Tavares Kennedy

In Germany, BASF launched the fourth edition of its Palm Progress Report highlighting their progress toward reaching its 2020 Palm Commitment of sourcing 100 percent certified sustainable palm oil, which is a key renewable raw material for the company, used to produce ingredients for the cosmetics, detergent and cleaner industries, as well as in human […]

On the Move –USGC ethanol manager, Neste’s Board of European Chemical Industry Council, Calyxt VP of BD, BASF and Stora Enso leadership

October 29, 2020 | Helena Tavares Kennedy

As we wrap up the month of October, we have lots of moves going on in the bioeconomy with a farewell to U.S. Grains Council’s Manager of Ethanol Trade Policy and Economics, a new Vice President of Business Development at Calyxt, and not one but two moves going on at BASF and another two moves […]

U.S. Department of Energy announces $27M in plastics R&D, LanzaTech, Algenesis, BASF, Pepsi, Stora Enso, ADM, AltAir included

October 18, 2020 | Helena Tavares Kennedy

What does plastic have to do with the bioeconomy? Well, everything. It’s about taking plastic waste, breaking it down into building blocks and converting it into a valuable treasure and it’s about creating biobased plastics. News from the U.S. Department of Energy on their $27 million in funding for plastics recycling and new biobased plastics […]

BASF acquires Glu-L technology from AgriMetis

October 11, 2020 | Helena Tavares Kennedy

In North Carolina, BASF Agricultural Solutions acquired the proprietary Glu-L technology for L-glufosinate ammonium from AgriMetis, a leader in biotechnological innovations for crop protection. With this technology, BASF will provide farmers with a more efficient solution and improved formulation to protect against troublesome weeds. Glu-L will deliver an improved, highly concentrated weed control solution reducing […]

BASF, Idemitsu JV shut down 1,4 Butanediol production plant

August 30, 2020 | Helena Tavares Kennedy

In Japan, Ink World reports that Germany-based BASF and Japan-based Idemitsu Kosan will close the 1,4-Butanediol (BDO) plant in Japan as of December 2020 and end their joint venture thereafter due to a declining BDO market size in Japan and “significant overcapacities in Asia due to recent investments into new coal-based BDO production sites.” BDO […]