BASF’s Global Business Services unit is being further developed. The division was established as of January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide transferred to Global Business Services and since then have been providing services for BASF’s business units, ranging from financial and logistical processes to services in the areas of communication, human resources, environment, health and safety.
BASF SE is to invest €16 million into Pyrum Innovations AG, a technology company specialized in the pyrolysis of waste tires, headquartered in Dillingen/Saar, Germany. With the investment, BASF will support the expansion of Pyrum’s pyrolysis plant in Dillingen and the further roll out of the technology.
Cambridge, England, and Ludwigshafen, Germany, August 18, 2020 – IntelliSense.io and BASF Venture Capital (BVC) today announced that BVC is leading a strategic investment round in IntelliSense.io with follow-on participation from a group of U.K.-based technology angel investors including Dr. Steve Garnett and Stephen Kelly. IntelliSense.io is a leading provider of AI-based solutions for the global mining industry. Its customers include mining majors and diversified mining groups.