In Italy and Germany, Eni and BASF signed a strategic agreement on a joint R&D initiative to develop a new technology to produce advanced bio-propanol from glycerin, a side stream of the production of industrial biodiesel (FAME, fatty acid methyl ester), that Eni will purchase from European producers. The technology under development involves the conversion […]
In Italy, Eni and BASF have signed a strategic agreement on a joint R&D initiative to reduce the CO2 footprint of the transportation sector. The cooperation aims to develop a new technology to produce advanced bio-propanol from glycerin, a side stream of the production of industrial biodiesel (FAME, fatty acid methyl ester), that Eni will […]
In Brazil, in an unprecedented partnership in the agricultural market, BASF and 3tentos developed a new operation model with the issuance of decarbonization credits (CBIOs) in exchange for inputs. For the first time, a barter operation, as this exchange is known, is carried out with a focus on environmental sustainability. Producer of soy biodiesel since […]
In Florida, transforming the carbon contained in industrial off-gases into valuable chemicals is the aim of a partnership between LanzaTech and BASF and now they have achieved a key first success: with the help of special bacteria, they have been able to produce n-octanol at laboratory scale from carbon monoxide and hydrogen, the main components […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
