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BASF-Fahnen am Standort Ludwigshafen
Business & Financial News | October 30, 2024

EBITDA before special items increased compared with Q3 2023 due to considerably higher earnings of core businesses

Thanks to significantly higher contributions from the core businesses, BASF Group’s EBITDA before special items (income from operations before depreciation, amortization and special items) increased in the third quarter by €77 million to €1.6 billion. “The positive earnings momentum in our core businesses was already visible in the first half of 2024 and continued in the third quarter, driven by higher volumes and margins,” said Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE. This increase was partially offset by a considerable earnings decline in the standalone businesses as well as in Other.

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Trade News | December 5, 2024

Joint Press Release: On the fast track: BASF Coatings and Koch International rely on electric trucks for long-distance transport

BASF Coatings, a leading partner for innovative surface solutions, and Koch International, an international logistics service provider based in Osnabrück, have successfully tested the use of electric trucks for long distances and have now implemented this sustainable transport solution for BASF Coatings in long-distance transport. The efforts are part of the chemical company's comprehensive sustainability approach to focus on innovative solutions for a sustainable future along the entire value chain.
 
The AI prediction from AlphaFold2 is shown in gray and the experimentally determined structure in color.
Trade News | December 4, 2024

Nobel Prize in Chemistry: How protein discoveries benefit research at BASF

On December 10, the Royal Swedish Academy of Sciences will award this year’s Nobel Prizes in Stockholm, Sweden. The prizes for chemistry this year are all about proteins, considered the building blocks of life. The discoveries by David Baker, Demis Hassabis and John Jumper hold enormous potential for BASF, where understanding protein structure has been fundamental for developing new products for decades.
Trade News | December 2, 2024

BASF in Lemförde expands sustainable product portfolio

BASF completes the certification program International Sustainability and Carbon Certification (ISCC) PLUS at its production site in Lemförde, Germany to produce biomass-balanced thermoplastic polyurethanes. This allows BASF to expand its sustainable product portfolio and continue its commitment to supporting customers in achieving their sustainability goals.
Trade News | November 28, 2024

For advanced metal replacement: bridging the gap between PA66 and PPA with Ultramid® T7000

For advanced metal replacement in structural parts, BASF is now offering a portfolio of polyamide (PA) and polyphthalamide (PPA) blends with better, more constant mechanical properties than PA66. Ultramid® T7000 outperforms PA66 regarding stiffness and strength in dry state and especially in presence of humidity. The polyphthalamide portion leads to a lower water absorption, which gives components an excellent dimensional stability. Ultramid® T7000 can be as easily injection-molded as PA66, giving parts a glossy and smooth surface finish. This unique combination of properties makes the PA/PPA blend a perfect metal replacement for structural parts which are exposed to moisture, e.g., automotive mirrors, air brake parts, valves but also furniture components.
Die Zwischensohle CircleCELL™ von Mount to Coast basiert auf ecoflex® BMB, mit dem Mount to Coast den Einsatz nachwachsender Rohstoffe in seinem Schäumprozess steigert und gleichzeitig die Anforderungen an Hochleistungslaufschuhe erfüllt.
Foto: BASF 2024
Trade News | November 21, 2024

First running shoe midsole based on new biopolymer grade by BASF

The footwear specialist for ultrarunning and long-distance shoes, Mount to Coast, Hong Kong, China, and BASF, Ludwigshafen, Germany have entered into a strategic partnership to explore high-performance, sustainable solutions for runners. CircleCELL™, an innovative midsole, is the first footwear technology the collaboration has produced. Based on BASF’s new biopolymer ecoflex® BMB, the new midsole is 90% more durable while showing the same energy return as midsoles made of polyether block amide (PEBA), a material widely used for performance running shoes. Biomass-balanced ecoflex® supports Mount to Coast in increasing the use of renewable feedstocks in its unique process of foaming the CircleCELL™ midsole while preserving the characteristics performance shoes require, most importantly, durability.