(IN BRIEF) BASF has successfully commissioned the steam cracker at its new Verbund site in Zhanjiang, China, making it the first such facility worldwide to run its main compressors entirely on renewable energy. With one million metric tons of annual … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged BASF, BASF Starts Up Renewable-Energy-Powered Steam Cracker at Zhanjiang Verbund Site, chemical manufacturing, China chemical market, ethylene production, integrated value chains, propylene, renewable energy, steam cracker, Stephan Kothrade, sustainable production, Zhanjiang Verbund site
(IN BRIEF) BASF’s Supervisory Board has renewed the tenures of two Executive Directors: Dirk Elvermann will continue as CFO and Chief Digital Officer until the 2031 Annual Shareholders’ Meeting, and Stephan Kothrade will remain CTO until the 2028 meeting. Elvermann, … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged Annual Shareholders’ Meeting, BASF, Board of Executive Directors, Corporate Taxes & Duties, Dirk Elvermann, environmental stewardship, Global Business Services, Global Digital Services, Global Procurement, Greater China, Group Research, Intermediates, Mega Projects Asia, monomers, Performance Materials, Petrochemicals, social responsibility, Stephan Kothrade, Supervisory Board, sustainable growth
Investment supports growing demand in Value-for-Money segment in China Region’s rapid growth in car ownership creates increasing demand for refinish coatings Site newly acquired from Guangdong Yinfan will serve as a technology and production hub for the region Ludwigshafen, Germany … Read the full press release
Posted in Automotive, Chemicals, Germany
Tagged BASF, BASF Coatings, CHINA, Guangdong, Guangdong Province, Jiangmen, Peter Fischer, Stephan Kothrade
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