News Releases

BASF is strengthening its presence in China and across Asia by advancing #OurPlasticsJourney with customers and partners, focusing on performance‑led innovation and co‑creation in fast‑growing sectors such as eMobility, robotics, footwear, and advanced consumer and industrial applications. Drawing on its materials expertise, backend integration and strong local manufacturing capabilities, BASF supports customers’ green transformation while expanding into next‑generation applications that will enable new quality productive forces through high‑tech automation and green energy.

At CHINAPLAS 2026, BASF will unveil Elastollan^® GripTec, a new innovative thermoplastic polyurethane (TPU) portfolio designed for the sports footwear industry, unlocking new possibilities for outsole design and manufacturing. The new Elastollan GripTec series combines exceptional grip, durability, design flexibility and sustainability, and is designed for running and hiking enthusiasts, as well as lifestyle fashion and kidswear applications.

At the Personal Care and Homecare Ingredients (PCHi) 2026 exhibition, BASF celebrates a significant milestone with the Fountain Award Gold win for Aloversil™ BC10156. Exhibiting under the theme “Beyond Beauty Within Science,” BASF reinforces its commitment to delivering high-performance, evidence-based innovation for the fast-evolving Personal Care market in the region.

BASF has signed an Asset Purchase Agreement to sell its Softex business to GOVI CAST Sdn. Bhd., a leading supplier of specialty chemicals. The transaction includes the customer list, formulation and production know-how, and a tolling/supply agreement to ensure continuity during the transition. Physical assets will be excluded from the agreement.