Verbund

(IN BRIEF) BASF SE reported its Q2 2024 results, showing steady EBITDA despite challenging market conditions. The company’s sales reached €16.1 billion, down from €17.3 billion last year due to lower prices and currency effects. EBITDA before special items remained … Read the full press release →

(IN BRIEF) BASF, in collaboration with International Process Plants (IPP), has agreed to market ammonia, methanol, and melamine plants situated at BASF’s Verbund site in Ludwigshafen, Germany. These assets, made available as part of BASF’s strategic adjustments to maintain competitiveness … Read the full press release →

(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 →

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release →

(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 →