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Boosting solar resilience through Xfloat and BASF collaboration
Xfloat Ltd., a pioneer in floating solar technology, has partnered with BASF to improve the longevity and sustainability of floating photovoltaic (FPV) systems. This collaboration brings together Xfloat’s innovative sun-tracking platforms (FPV-T) and an advanced light stabilizer solution from BASF to deliver durable, high-performance solar solutions for global deployment.
%2C%20with%20the%20Commerce%20and%20Industry%20Minister%20of%20India.jpg "Dr. Dirk Elvermann, Member of the Board of Executive Directors, Chief Financial Officer and Chief Digital Officer of BASF SE (left), with the Commerce and Industry Minister of India, Piyush Goyal, at a meeting in New Delhi yesterday (January 27, 2026).
Photo: BASF")
BASF to open global Digital Hub in Hyderabad, India
BASF plans to open a global Digital Hub in Hyderabad in the first quarter of 2026, sharpening BASF’s existing global Digital Hub network in Europe (Ludwigshafen and Madrid) and Asia Pacific (Kuala Lumpur). Digital Hubs are centers of digital expertise that deliver standardized, digital services at scale to BASF’s businesses worldwide.
Personnel changes at BASF
Daniel Wussow (39), Senior Vice President, Mobile Emissions Catalysts at BASF (Shanghai) Management Co. Ltd., Shanghai, will, as President, assume responsibility for the Division Care Chemicals, based in Ludwigshafen, Germany, effective April 1, 2026. He will succeed Mary Kurian (48), who was appointed as Member of the Board of Executive Directors.
trinamiX with new management
BASF is examining strategic options for its subsidiary trinamiX GmbH. trinamiX specializes in biometric imaging and mobile material analysis. These activities are not part of BASF’s core business, on which the company is focusing as part of the implementation of its new strategy.
BASF Group releases preliminary figures for full year 2025
The BASF Group’s sales for the full year 2025 are expected to be €59.7 billion (2024: €61.4 billion, excluding discontinued Coatings operations). This is in line with the figure estimated by analysts on average (Vara: €59.6 billion). While volumes increased slightly in 2025, negative currency effects and slightly lower prices burdened sales development.