Verbund

(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release →

(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 →

(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 →

(IN BRIEF) BASF has officially launched its Superabsorbents Excellence Center at the Antwerp site in Belgium, following a €25 million investment. This facility demonstrates BASF’s commitment to the hygiene industry within its acrylics value chain. The center is equipped with … Read the full press release →

(IN BRIEF) BASF has announced key personnel changes within its leadership team, including Marcelo R. Lu taking on the role of President for the Division South & East Asia, ASEAN & ANZ, effective February 1, 2024. Klaus Welsch will retire … Read the full press release →

(IN BRIEF) BASF, a leading chemical company, has expanded its production capacities for ethylene oxide and its derivatives at its Antwerp site in Belgium. This investment adds approximately 400,000 metric tons per year to the company’s production capacity for these … Read the full press release →

(IN BRIEF) BASF is supplying its biomass balanced tetrahydrofuran (THF BMB) to Asahi Kasei’s ROICA Division to produce sustainable stretch fibers under the ROICA™ brand. This collaboration aims to support the launch of a new sustainable apparel collection and achieve … Read the full press release →

(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release →

(IN BRIEF) BASF has unveiled a new digital application called “MyCarbonFootprint” aimed at providing customers with an improved understanding of the sustainability status of their product portfolio purchased from BASF. This application helps customers identify BASF solutions that align with … Read the full press release →

(IN BRIEF) BASF is highlighting a range of innovative solutions at the 28th Fakuma exhibition in Friedrichshafen, Germany, aimed at addressing plastic waste and promoting sustainability. The showcased solutions include mass-balanced plastics that reduce resource consumption and greenhouse gas emissions, … Read the full press release →

(IN BRIEF) BASF, a leading chemical company, has calculated the Product Carbon Footprints (PCFs) for several key products in the human and animal nutrition markets, including vitamins, carotenoids, beverage processing polymers, feed enzymes, and feed performance ingredients. These PCFs represent … Read the full press release →

(IN BRIEF) BASF has signed a 25-year power purchase agreement (PPA) with the State Power Investment Corporation (SPIC) to buy renewable electricity for its Zhanjiang Verbund site in Guangdong province, China. This PPA is part of BASF’s commitment to securing … Read the full press release →

(IN BRIEF) BASF has initiated the construction of a groundbreaking syngas plant at its Verbund site in Zhanjiang, China. This large-scale facility, slated to begin operation in 2025, stands out due to its unique process concepts designed to minimize carbon … Read the full press release →

(IN BRIEF) Albania has announced the results of its first utility-scale bidder-selected site auction for onshore wind, part of the country’s third renewable energy auction. Three bidders, Total Eren, Guris, and Verbund, have been awarded a total capacity of 222.48 … Read the full press release →

(IN BRIEF) BASF, a leading chemical company, has introduced a range of UV acrylic hotmelt products called acResin®, which have a cradle-to-gate product carbon footprint (PCF) of zero kg CO2e/kg. The new offerings, including acResin® ZeroPCF A 260 UV, A … Read the full press release →