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Business & Financial News | May 28, 2025

BASF intends to take over shares in Alsachimie joint venture from DOMO Chemicals

Ghent and Waterloo, Belgium; May 28, 2025 – BASF and DOMO Chemicals have signed an agreement giving BASF the right to take over DOMO Chemicals’ 49% share of the Alsachimie joint venture, in which BASF currently holds 51%. According to applicable laws, the intended transaction is subject to consultations with the relevant social bodies of Alsachimie, following which both companies would enter into a binding purchase agreement. Pending these consultations, BASF and DOMO Chemicals expect to close the transaction by mid-2025.
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Trade News | July 1, 2025

BASF closes purchase of DOMO Chemicals’ shares in Alsachimie joint venture

Ghent and Waterloo, Belgium; July 1, 2025 – BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential polyamide (PA) 6.6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed to not disclose financial details of the transaction.
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Trade News | July 1, 2025

BASF and BACHL complete transfer of Styrodur® business to BACHL

Ludwigshafen and Röhrnbach, Germany – BASF has sold its business with Styrodur®, an insulation material made from extruded polystyrene (XPS), to Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (BACHL). Following approval by the relevant authorities, the transaction was completed with effect from June 30, 2025. The sale also includes the brand Styrodur®. The parties have agreed to keep the financial details of the transaction confidential.
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Trade News | July 1, 2025

BASF announces senior leadership changes for its global Electronic Materials business unit

Ludwigshafen; Taipei – July 1, 2025 – BASF today announced senior leadership changes in its Electronic Materials business. The global business unit will strategically base its operations in Taipei, Taiwan as of July 1, 2025.
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Trade News | June 18, 2025

BASF mining solutions and FUCHS announce cooperation to serve the Australian mining industry

BASF and FUCHS are pleased to announce that they have entered into a cooperation agreement in Australia. This agreement aims to leverage the strengths of both companies to better serve the Australian mining industry, combining BASF’s advanced chemistry and deep formulation knowledge with FUCHS’ strong on-ground presence, technical service and customer intimacy.
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Trade News | June 17, 2025

No CO2 in your luggage: New bike backpack from VAUDE with innovative polyamide from BASF

The new TRAILCONTROL ZERO 20+ bike backpack from VAUDE, the leading manufacturer of sustainable outdoor clothing and equipment, sets new standards in collaboration with BASF. For the manufacturing of the backpack, VAUDE uses BASF's innovative Ultramid® ZeroPCF, a polyamide (PA) 6 with a Product Carbon Footprint (PCF) of zero.
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