BASF and Borough of East Newark celebrate opening of community park along Passaic Riverfront

• Five-acre BASF restoration project transforms legacy industrial site into vibrant green space
• East Newark now has the highest percentage of green space of any community in New Jersey

FLORHAM PARK, NJ, May 9, 2025 – BASF and the Borough of East Newark today marked the official opening of the East Newark Riverfront Park, a five-acre green space developed on a former industrial site along the Passaic River. The ribbon-cutting ceremony celebrated the culmination of a multi-year effort with federal natural resource trustees to restore and transform the property.

Designed to support recreation, environmental education, and ecological restoration, the park features a 1,000-foot boardwalk, an urban amphitheater, and open space for walking, gathering and hands-on learning. The project was led by BASF in coordination with federal and local partners – including the U.S. Department of Interior, The National Oceanic and Atmospheric Administration, and the Borough of East Newark – with support from the New Jersey Department of Environmental Protection.

“The opening of the East Newark Riverfront Park represents the best of what public-private collaboration can achieve,” said Heather Remley, President and CEO of BASF Corporation. “This transformation from a legacy industrial site into a vibrant, sustainable public space underscores BASF’s commitment to environmental stewardship, community engagement, and long-term impact. We are proud to contribute to a project that enhances quality of life, supports biodiversity and serves as a model for urban restoration.”

The park is the result of a new model for expedited restoration, developed through a collaboration between BASF and the federal natural resource trustees. This innovative approach to natural resource crediting accelerates benefits to communities while still meeting restoration goals. East Newark is the first successful example of this model, delivering environmental and community benefits nearly a decade faster than traditional processes would typically allow.

“Ensuring that every New Jersey resident has access to safe, welcoming green space is a priority for our administration,” said Governor Phil Murphy. “Green public spaces not only restore and enhance vital natural areas, but they also strengthen community connections and reflect our collective commitment to a more resilient, inclusive, and sustainable future for the state.”

Constructed with sustainability at its core, the park aligns with 15 of the 17 United Nations Sustainable Development Goals. It incorporates eco-friendly materials, native landscaping and design elements that promote biodiversity and environmental resilience.

“Today’s opening of the park showcases what is possible when we put resilience, collaboration, and sustainability at the forefront,” said Congressman Rob Menendez (NJ-08). “Prioritizing green spaces throughout our communities benefits all of us — and I’m grateful to Mayor Grilo and her team for making this possible. Because of their work, this once underutilized space will now serve as a place for friends and neighbors to gather for years to come.”

East Newark Riverfront Park will serve as a much-needed green space for residents and visitors, offering opportunities for recreation, education, and community events to be enjoyed by all ages. In addition to the boardwalk and outdoor amphitheater, the new park includes water fountains, restrooms, picnic tables, a playground, a great lawn and a large shade structure for the community to enjoy. Local officials noted the project’s long-term impact on quality of life, environmental stewardship and urban revitalization.

“Today marks a milestone for our community – a day when vision, hard work, and collaboration have come together to create something truly special,” said Dina Grilo, Mayor of East Newark. “This park is not just a space; it’s a testament to the strength and unity of our residents and partners. We have built something that will benefit generations to come, and I am incredibly proud to be part of this journey.”

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.