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Strategy

Chemistry is our passion. We want to be the most attractive partner for our customers to overcome challenges that can be solved with chemistry. Our customers are at the center of everything we do. With our products and technologies, our innovative and entrepreneurial spirit and the power of our Verbund integration, we want to grow profitably while creating value for society and the environment. This is our goal, which is embedded in our corporate purpose: We create chemistry for a sustainable future.
  1. Corporate strategy
  2. Innovation
  3. Sustainability
  4. Portfolio
  5. People

Innovation Examples

© Siemens Energy, 2023

Water electrolysis for CO2-free hydrogen

Water electrolysis based on energy from renewable sources offers a route to carbon-free hydrogen. Subject to funding from the German Federal Ministry for Economic Affairs and Climate Protection (BMWK), BASF is planning to build a proton exchange membrane (PEM) water electrolyzer in Ludwigshafen together with Siemens Energy. The plant will produce about 8,000 metric tons of hydrogen per year that will primarily be used in BASF’s Verbund.
© PETRONAS

First floating LNG project with OASE®

BASF is taking a new approach to capturing carbon dioxide from certain waste gases. Over the past two years, BASF’s OASE® gas scrubbing technology has been successfully used for the first time in a floating liquefied natural gas (FLNG) plant. The plant, owned by Malaysian oil and gas company PETRONAS, uses a BASF process to remove acidic gas components. The plant is designed to extract natural gas from deep-sea gas reservoirs at depths of up to 1,500 meters.
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BASF and Citroën present all-electric concept car

In September 2022, Citroën and BASF unveiled their all-electric concept car “oli,” a testament to how much can be saved by reducing weight and resource usage. The concept car has a wider driving range and a significantly improved battery lifespan. The minimalistic approach paved the way for a refreshing and innovative design: Various interior and exterior components have been radically reinterpreted and constructed using materials in a different context. Citroën chose BASF as a partner for the development and design phase thanks to its innovative solutions.
© Eyal Granit – stock.adobe.com

Lupranat® ZERO

Lupranat® ZERO is BASF’s first greenhouse gas-neutral isocyanate. It has a cradle-to-gate product carbon footprint (PCF) of zero when all product-related greenhouse gas emissions and the biogenic carbon bound in the product are taken into account together. Lupranat® ZERO has been commercially available for the production of MDI polyisocyanurate panels and rigid polyurethane foam for the thermal insulation of buildings since 2022. It offers customers a solution for reducing their CO2 footprint while maintaining high product quality. The PCF calculation for Lupranat® ZERO has been certified by TÜV Nord.
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Early rain resistance techno­lo­gy for the roof coating market

Roof coatings, once applied, are vulnerable to wash-off from rainfall in the early stages of curing, resulting in costly repairs and negative environmental impact. To help customers save costs, BASF offers its new Quick-Trigger® early rain resistance technology to achieve rapid film integrity in existing acrylic coating portfolios. With the addition of a single aqueous dispersion additive, acrylic coatings can withstand heavy rainfall within thirty minutes of application under challenging climate conditions. It vastly expands the possibilities for applying acrylic coatings in tropical and coastal regions and significantly speeds up job completion.
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New range of additive solutions for plastics recycling

GLYSANTIN® ELECTRIFIED® engine coolants are a range of products that address the specific requirements of alternative powertrain technologies including battery electric and fuel cell concepts. BASF has recently developed a safety-optimized coolant solution especially for indirect battery cooling systems that is marketed under the trade name GLYSANTIN® G22® ELECTRIFIED®. It delivers low electrical conductivity and maintains low and stable currents when exposed to voltage sources, making it an excellent solution for battery electric vehicles.
for German caption please scroll down BASF Battery component CAM20291 Scanning electron microscope, magnification 3000:1 (when 15cm wide) BASF Batterie Komponente CAM20291 Raster-Elektronenmikroskop, Vergrösserung 3000:1 (bei 15x12 cm Bildgrösse)

Single-crystal cathode active material

With its broad portfolio of innovative cathode active materials, BASF serves all market segments – from small to luxury cars. Promising developments are single-crystal cathode active materials. Due to their specific structure, they are characterized by particularly high electrochemical and temperature stability and they age slower than other materials. This leads to a longer battery lifetime in electric vehicles and increases battery safety.
Virtual color simulation AUROOM

Automotive colors in the virtual world

With AUROOM®, OEM designers can access photorealistic virtual car colors and speed up the design process. Our virtual colors capture all characteristics of automotive coatings, including lightness flop, color flop and sparkling, while our colorimetric know-how ensures their authenticity. By mapping these colors on car models, OEM designers can paint every color proposal virtually and gain realistic impressions of colors and effects on a complete car during an early design phase.
Shot of a young woman posing with neon paint on her facehttp://195.154.178.81/DATA/shoots/ic_784268.jpg

Biotic rejuvenation support

Two new biotic ingredients from BASF support healthful and graceful skin aging. Probiolift™ and Postbiolift™ are the first biotics on the cosmetics market to use a bacterium that is found naturally in the skin: Lactobacillus crispatus (L. crispatus) has been found to decrease with age. Probiolift™ is composed of dormant L. crispatus bacteria that awaken on contact with water on the skin. The ingredient makes skin appear fuller and improves the appearance of forehead wrinkles. Postbiolift™ contains metabolites secreted by L. crispatus. Eye wrinkles appear smoothed as a result; the complexion appears more even.
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Virtual Pharma Assistants for a fully digitized customer experience

BASF’s Virtual Pharma Assistants offer a seamless, fully digitized customer experience that enables customers to create formulations faster, find the right product for their needs and access a comprehensive library of compliance documentation. ZoomLab™ predicts optimized formulations of pharmaceutical drugs much faster and more precisely than traditional empirical methods. RegXcellence® makes quality compliance and registration processes seamless, saving customers time and money. Finally, MyProductWorld provides a modern eCommerce platform for BASF customers. 
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Reducing on-farm carbon emissions

With our global Carbon Farming Program, which was launched in 2022, we support farmers in reducing CO2e emissions while benefiting financially. BASF and Boortmalt, the world’s leading malting company, entered into a first-of-its-kind collaboration that enables farmers in the malting barley value chain to reduce on-farm carbon emissions in barley production and also certify the reduction. With tailor-made solutions ranging from seeds, traits, innovative chemical and biological crop protection products to digital farming and fertilizer management solutions, farmers can reduce greenhouse gas emissions, sequester carbon in the soil and make their farms more resilient to climate change.
White Bio-technology as one key element of BASF’s tool box

White biotechnology as an element in BASF’s toolbox

White biotechnology – also known as industrial biotechnology – uses micro­organisms and enzymes to produce chemical and bio­chemical products. Some products such as enzymes or complicated active ingre­dients are only accessible via white bio­techno­logy and cannot be manu­factured by chemical synthesis. The first steps in process develop­ment for new substances take place in the fermen­tation laboratory in Ludwigshafen, Germany. The production volume is increased gradually, starting with fermenters with a volume of just a few liters. Lab techni­cians Yvonne Liebner and Torsten Renz are operating a five-liter bioreactor.

Cautionary note regarding forward-looking statements

This publication contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. Such risk factors include those discussed in Opportunities and Risks of the BASF Report 2022. BASF does not assume any obligation to update the forward-looking statements contained in this publication above and beyond the legal requirements.

Last Update May 26, 2023