Search Results for: environmental protection

Sand to Green: A Sustainable Oasis in Morocco’s Desert

Posted on 23, April 2024 by

(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release →

Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom

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BASF Honored as General Motors’ 2023 Supplier of the Year for the 17th Time

Posted on 18, April 2024 by

(IN BRIEF) General Motors (GM) has named BASF as its 2023 Supplier of the Year, marking the 17th time BASF has received this prestigious award in GM’s 32-year history of recognition programs. The award highlights BASF’s commitment to providing high-quality … Read the full press release →

Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News, Technology

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BASF Unveils Comprehensive Material Portfolio for Next-Generation Electric Motors

Posted on 17, April 2024 by

(IN BRIEF) BASF, a global leader in materials and chemicals, presents a co-creation partnership for automotive industry players at Chinaplas 2024, Shanghai. The initiative offers an extensive portfolio of engineering plastics combined with design, simulation, application development, and parts testing … Read the full press release →

Posted in Artificial Intelligence (AI), Automotive, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology

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BASF Initiates Change Negotiations Amid Regulatory Uncertainty at Harjavalta Plant

Posted on 11, April 2024 by

(IN BRIEF) BASF announces the commencement of change negotiations at its precursor cathode active materials plant in Harjavalta, Finland, due to prolonged permitting processes and regulatory uncertainty. The decision, prompted by the suspension of the environmental permit’s immediate enforcement by … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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Beyond Beauty: BASF Unveils Sustainable Solutions at in-cosmetics Global

Posted on 9, April 2024 by

(IN BRIEF) BASF, a leading ingredient supplier in the Personal Care industry, showcased innovative solutions at in-cosmetics Global in Paris, highlighting their commitment to sustainability and consumer-centric products. Gisela Pinheiro, Senior Vice President of BASF Personal Care Europe, emphasized the … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Chemicals, France, Germany, Industrial, Marketing

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BASF Unveils Sustainable Plastic Additives at CHINAPLAS 2024, Reinforcing Commitment to Circular Economy

Posted on 4, April 2024 by

(IN BRIEF) BASF is set to showcase its latest additive offerings at CHINAPLAS 2024, a significant event in the plastic and rubber industries. These additives play a pivotal role in increasing the sustainability of various plastic applications by enhancing durability, … Read the full press release →

Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Media, News

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Stadler’s FLIRT H2 Sets Guinness World Record for Longest Hydrogen Train Journey

Posted on 25, March 2024 by

(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release →

Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics, Travel

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EBRD Partners with NLB Komercijalna Banka to Boost Financing for Serbian SMEs

Posted on 16, March 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom

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Isobionics® Unveils Innovative Natural Flavor, beta-Caryophyllene 80, at FlavourTalk Exhibition

Posted on 12, March 2024 by

(IN BRIEF) Isobionics®, a BASF Aroma Ingredients brand, introduces its latest natural flavor, beta-Caryophyllene 80, at the FlavourTalk Raw Materials Exhibition 2024. Developed to meet specific customer requirements, this flavor expands Isobionics®’ portfolio beyond citrus products. Made using cutting-edge biotechnology, … Read the full press release →

Posted in Business, Chemicals, Commodities, Environment, Financial, Industrial, Investment, Management, Media, Netherlands, News, Science, Technology

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BASF Monomers Division Achieves Global Sustainability Certification Milestone

Posted on 8, March 2024 by

(IN BRIEF) BASF’s Monomers division celebrates a significant milestone with the global certification of its production sites in all regions, including the USA, under ISCC PLUS and REDcert2 standards. This achievement enables BASF to offer regionally produced certified isocyanates and … Read the full press release →

Posted in Belgium, Business, Chemicals, Environment, Industrial, Management, News, Technology

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EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

Posted on 7, March 2024 by

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom

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Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

Posted on 5, March 2024 by

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release →

Posted in Agriculture, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

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Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

Posted on 5, March 2024 by

(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release →

Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Serbia, United Kingdom

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INEOS Automotive and BASF Forge Strategic Partnership for Automotive Refinish Solutions

Posted on 22, February 2024 by

(IN BRIEF) INEOS Automotive and BASF’s Coatings division have entered a global agreement to advance automotive refinish body and paint development, aiming to surpass industry standards. The partnership focuses on delivering sustainable refinish solutions, digital color-matching solutions, and training to … Read the full press release →

Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom

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EBRD’s €22 Million Loan to Boost Tbilisi’s Waste Management System

Posted on 21, February 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €22 million loan to Tbilservice Group, aimed at enhancing Tbilisi’s solid waste management and disposal system. This funding, co-financed by the Green Climate Fund, will facilitate the … Read the full press release →

Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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Koelnmesse Accelerates Climate Neutrality Goal with Innovative Energy Partnership

Posted on 20, February 2024 by

(IN BRIEF) Koelnmesse, one of the world’s largest city-centre trade fair sites, is advancing its sustainability agenda by committing to achieve climate neutrality by 2030, five years ahead of schedule. Through a groundbreaking energy partnership with E.ON and RheinEnergie, Koelnmesse … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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Sweco Joins EU4Sevan Initiative to Assess Lake Sevan’s Water Level Impact

Posted on 19, February 2024 by

(IN BRIEF) Sweco, a consultancy firm, is participating in a project under the EU4Sevan program to assess the potential impact of raising the water level of Lake Sevan by over 6 meters. Lake Sevan is vital for Armenia’s irrigation, freshwater … Read the full press release →

Posted in Environment, European Union, Industrial, Infrastructure & Utilities, Sweden, Technology

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EIB Injects €143 Million to Bolster Greek Research & Innovation; 2023 Annual Results Showcase Record Investment in Greece

Posted on 17, February 2024 by

(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology

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EIB Boosts Croatia’s Sustainable Growth with Record Financing and Green Investments

Posted on 14, February 2024 by

(IN BRIEF) The EIB Group announces a robust year of activity in Croatia for 2023, committing €464 million in financing to support economic and social cohesion, green transition, and digital transformation. This brings the total investment in Croatia over the … Read the full press release →

Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

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Chemetall Elevates Aluminum Solutions with Launch of Global Competence Center in Giussano, Italy

Posted on 14, February 2024 by

(IN BRIEF) Chemetall, a leading global supplier of surface treatment solutions, inaugurates its cutting-edge Global Aluminum Competence Center in Giussano, Italy, signaling a significant stride in the aluminum application arena. The center consolidates Chemetall’s extensive expertise in aluminum surface treatment, … Read the full press release →

Posted in Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News, Technology

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WACKER Earns Top Climate Change Rating in CDP’s Annual Sustainability Assessment

Posted on 10, February 2024 by

(IN BRIEF) WACKER has achieved an exceptional milestone by securing the highest rating of A in the Climate Change category of the CDP’s annual sustainability assessment, reaffirming its leadership in climate protection. This recognition underscores WACKER’s commitment to environmental stewardship … Read the full press release →

Posted in Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News

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Evonik and Uniper Launch TORTE Project to Harness Industrial Waste Heat for District Heating

Posted on 10, February 2024 by

(IN BRIEF) Evonik and Uniper have initiated the Technical Options for Thermal Energy Recovery (TORTE) project in Gelsenkirchen as part of Evonik’s broader sustainability initiative, the ‘Herne Green Deal’, aimed at transforming the Herne chemical site. The TORTE project will … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News

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BASF Initiates Divestment from Xinjiang Joint Ventures Amid Sustainability Strategy Shift

Posted on 10, February 2024 by

(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from joint venture companies in Korla, China, due to environmental concerns and evolving market dynamics. The decision follows an assessment of … Read the full press release →

Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Management, News

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KfW Charts Path for 2024: Balancing Domestic Investment and Global Impact

Posted on 7, February 2024 by

(IN BRIEF) KfW, the state-owned promotional bank, unveils its strategic priorities for 2024, emphasizing a focus on domestic development and global cooperation. Key initiatives include expanding support for construction and housing in Germany, increasing assistance to SMEs, and continuing to … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Investment, Technology

Gasum to Invest €62 Million in Borlänge Biogas Plant to Boost Renewable Energy Production

Posted on 3, February 2024 by

(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden

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ECHA Contracts BASF and Consortium to Promote Alternative Testing Methods

Posted on 2, February 2024 by

(IN BRIEF) The European Chemicals Agency (ECHA) has awarded a €4.2 million contract to a consortium led by the Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM) to conduct scientific studies on New Approach Methodologies (NAMs) as alternatives to animal … Read the full press release →

Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology

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BASF and IRRI Collaborate on “OPTIMA Rice” Initiative to Reduce GHG Emissions in Rice Production”

Posted on 1, February 2024 by

(IN BRIEF) BASF has teamed up with the International Rice Research Institute (IRRI) to launch the “OPTIMA Rice” project aimed at curbing greenhouse gas (GHG) emissions in rice production. The initiative supports BASF’s commitment to reducing carbon dioxide equivalent (CO2e) … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, News

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BASF and Partners Report Success and Expansion of Sustainable Castor Farming Project in India

Posted on 31, January 2024 by

(IN BRIEF) In collaboration with Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, BASF’s sustainable castor farming project, known as Pragati, has achieved significant milestones in its seven-year journey. Over 7,000 farmers have been trained and certified, cultivating more than 74,500 … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News

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BASF Coatings Pioneers Global Sustainability Certification Standard for Auto Refinishing

Posted on 31, January 2024 by

(IN BRIEF) In a bid to address the growing demand for sustainable accident repairs and uniform sustainability standards, BASF’s Coatings division is collaborating with industry partners, including associations, insurers, work providers, fleet operators, and body shops, to develop a global … Read the full press release →

Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News

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BASF Announces Leadership Changes in Nutrition and Health Divisions

Posted on 31, January 2024 by

(IN BRIEF) BASF has announced leadership changes in its Nutrition and Health divisions. Julia Raquet will assume responsibility for the Division Europe, Middle East, and Africa, while Dr. Martin Volland will take charge of the Division Nutrition & Health. These … Read the full press release →

Posted in Business, Chemicals, Germany, Healthcare, Industrial, Management, News

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BASF Process Catalysts and Envision Energy Collaborate on Sustainable E-Methanol Production

Posted on 30, January 2024 by

(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News

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Boels Rental Secures €100 Million EIB Financing to Electrify Rental Machinery and Promote Decarbonization

Posted on 26, January 2024 by

(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release →

Posted in Banks, Business, Construction, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News

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Changing Landscape: BASF Report Highlights Transformation in Car Color Preferences

Posted on 17, January 2024 by

(IN BRIEF) BASF, a global chemical company, has released its 2023 Color Report for Automotive OEM Coatings, highlighting changing trends in automotive paint choices. The report shows that while achromatic colors (white, black, gray, and silver) remain dominant for non-commercial … Read the full press release →

Posted in Automotive, Business, Germany, Industrial, Marketing, Society

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OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

Posted on 4, January 2024 by

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release →

Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania

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Diversity Boost: Tamara Weinert’s Nomination for BASF Supervisory Board

Posted on 20, December 2023 by

(IN BRIEF) BASF SE’s Supervisory Board has nominated Tamara Weinert (58), currently President and CEO of Business Area Americas at Outokumpu in the United States, as a shareholder representative on the Supervisory Board. The election is scheduled for the Annual … Read the full press release →

Posted in Business, Chemicals, Germany, Management

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Adapting to New Priorities: BASF SE’s Executive Board Realignment

Posted on 20, December 2023 by

(IN BRIEF) BASF SE, a global chemicals and materials company, has announced strategic changes in the responsibilities of its Board of Executive Directors. Dr. Stephan Kothrade will take on additional roles as Chief Technology Officer and oversee Group Research, effective … Read the full press release →

Posted in Business, Chemicals, Germany, Industrial, Management

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BASF Unveils New Leadership Team as Dr. Martin Brudermüller Steps Down

Posted on 20, December 2023 by

(IN BRIEF) BASF SE, a global chemicals and materials company, has unveiled a succession plan for its Board of Executive Directors. Dr. Markus Kamieth will become Chairman of the Board, succeeding Dr. Martin Brudermüller, effective April 25, 2024. Anup Kothari … Read the full press release →

Posted in Business, Chemicals, Germany, Management

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BASF Launches Irgastab® PUR 71: A Sustainable and High-Performance Anti-Scorch Solution

Posted on 13, December 2023 by

(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

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BASF Commits to Scope 3.1 Emission Reductions, Targets Net Zero by 2050

Posted on 7, December 2023 by

(IN BRIEF) BASF, a major player in the chemical industry, has announced new sustainability commitments, including targets for Scope 3.1 emissions. The company aims to reduce its specific Scope 3.1 emissions by 15% by 2030 compared to 2022 levels. This … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Management, Science, Technology

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BASF and Heidelberg University Commit to Advancing Sustainable Chemistry with Catalysis Research Lab (CaRLa) Extension

Posted on 7, December 2023 by

(IN BRIEF) BASF and Heidelberg University have extended their partnership for another five years to continue operating the Catalysis Research Laboratory (CaRLa) until 2028. CaRLa, founded in 2006, focuses on homogeneous catalysis and organic synthesis, with the aim of developing … Read the full press release →

Posted in Business, Chemicals, Environment, Germany, Industrial, Science, Technology

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