BASF and Midea collaborate to establish a joint lab for R&D of home appliance cleaning solutions

• This strategic cooperation aims to enhance the synergy between home appliance and washing formula R&D
• Win-win outcomes are expected through collaborative innovation
   

Shanghai, China – September 8, 2023 - BASF's Care Chemicals Division and Midea Kitchen and Water Heater Appliances Division have recently inaugurated the "Midea-BASF Laundry Technology Lab" at Midea's Shanghai R&D Center. This innovative cross-border cooperation aims to develop high-quality washing products for home appliances and provide customers in China and overseas markets with a superior washing experience.

The new joint laboratory, hosted by the Washing Technology Research Institute of Midea Kitchen and Water Heater Appliances Division, is a key platform for collaborative R&D by both parties. The laboratory will leverage BASF's unique expertise in new raw materials and technologies, as well as Midea's prowess in-home appliance washing formula research, to promote the adoption of efficient, environmentally conscious, and sustainable washing methods.

During the launch event, Cai Linhai, Local Business Management Director Care Chemicals, Greater China, BASF stated, "This cross-border cooperation is the result of the joint efforts of multiple parties. We believe that this strategic alliance between BASF and Midea will fuel the convergence of home appliance and washing formula R&D. Through the cooperation, BASF aims to gain deeper insights into the needs of customers and end consumers, and deliver more sustainable and superior formulas to them."

Stefan Hirsemann, Head of Global Development & Innovation Home Care & Industrial Formulations, Care Chemicals, Asia Pacific, BASF added, "The extensive partnership between Midea and BASF will combine the research and development capabilities of both parties, inspire new R&D ideas, and lead to technological breakthroughs and mutual benefits."

Qiu Canhua, Director of Hard Cleaning and Care Products at Midea Kitchen and Water Heater Appliances Division said, "The laboratory will enable Midea to collaborate with BASF in various areas and utilize the expertise of both parties in new raw materials, technologies, and product formulas to jointly develop and promote washing technologies that are more efficient, eco-friendly, and sustainable. We look forward to working together and creating high-quality, safe, and unique washing consumables for Midea home appliances."

About the Care Chemicals division at BASF

The BASF division Care Chemicals offers a broad range of ingredients for personal care, home care, industrial & institutional cleaning, and technical applications. We are a leading global supplier for the cosmetics industry as well as the detergent and cleaner industry, and support our customers with innovative and sustainable products, solutions and concepts. The division’s high-performance product portfolio includes surfactants, emulsifiers, polymers, emollients, chelating agents, cosmetic active ingredients and UV filters. We have production and development sites in all regions and are expanding our presence in emerging markets. Further information is available online at www.care-chemicals.basf.com .

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 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 six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. 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 .