News

Ludwigshafen, Germany – September 14, 2021 – BASF has launched IrgaCycle™, a new range of additive solutions to address the imminent needs in plastics recycling.

Ludwigshafen, Germany – August 2, 2021 – LOTTE Chemical, a major Korean chemical company, has produced the polypropylene (PP) required for medical applications using BASF’s Irgastab^®, a non-discoloring processing stabilizer. With the rollout of COVID-19 vaccinations worldwide, the need for syringes made from PP has increased exponentially.

Ludwigshafen, Germany – June 30, 2021 – BASF has focused the sustainable solutions of its plastic additives’ portfolio under the new global brand VALERAS™. VALERAS bundles the company’s longtime experience, innovative solutions, and regulatory support with the aim to increase the sustainability of plastics along the entire polymer value chain. Later this year, the portfolio will expand to include the company’s additive packages for mechanically recycled plastics and their applications. 

BASF has joined “HolyGrail 2.0 – Digital watermarks for accurate sorting and high-quality recycling” as a member. The initiative aims to increase plastic recycling rates by adding imperceptible digital watermarks to product packaging.

Effective immediately, or as existing contracts permit, BASF will increase prices for products in its additives portfolio for plastic applications globally by up to 20 percent.

Effective immediately, or as existing contracts permit, BASF will increase prices for products in its additives portfolio for plastic applications globally by up to 10 percent.

In a circular economy, the aim is to avoid waste, reuse products and recover resources. “Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF, speaking about the circular economy, a key issue of the future in society and in politics. BASF has therefore launched a new Circular Economy Program. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. As of 2025, BASF aims to process 250,000 metric tons of recycled and waste-based raw materials annually, replacing fossil raw materials. “The path to a circular economy will require enormous efforts on our part. But we have taken on this challenge with commitment and creativity and we can build on our innovative strength,” said Brudermüller. The Chairman of the Board of Executive Directors and scientists presented examples from BASF’s research pipeline today at the first digital Research Press Conference.

In a circular economy, the aim is to avoid waste, reuse products and recover resources. “Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF, speaking about the circular economy, a key issue of the future in society and in politics. BASF has therefore launched a new Circular Economy Program. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. As of 2025, BASF aims to process 250,000 metric tons of recycled and waste-based raw materials annually, replacing fossil raw materials. “The path to a circular economy will require enormous efforts on our part. But we have taken on this challenge with commitment and creativity and we can build on our innovative strength,” said Brudermüller. The Chairman of the Board of Executive Directors and scientists presented examples from BASF’s research pipeline today at the first digital Research Press Conference.

BASF today announced the technical completion of the newly constructed plant for the plastic additives business at its site located in Pontecchio Marconi, Italy. The state-of-the-art facility will deliver a wider range of NOR^® solutions to support BASF’s leading position in the strategically important and growing agriculture industry.

Ludwigshafen, Germany / Melbourne, Australia, April 20, 2020 – Security Matters, Ltd and BASF sign a binding joint development agreement to develop solutions for plastics traceability and circularity. Plastics, with unique characteristics and when used properly, contribute to a more sustainable and resource efficient future. However, to move towards a circular economy, more plastic waste needs to be recovered and reused. 

Hong Kong SAR, China – March 3, 2020 – BASF’s light stabilizers from the Chimassorb^® range have been used by M/s Megaplast India Pvt Ltd (Megaplast), a leading polyethylene products manufacturer in India, to produce nonwoven geotextile used in the construction of national highways. The additive package used plays a crucial role in stabilizing the production process and extending the service lifespan of the geotextiles. 

Ludwigshafen, Germany – January 15, 2020 – BASF plans to increase the production capacity for its antioxidant Irganox^® 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox^® 1520L is a key product in BASF’s antioxidant portfolio. The company is a leading global supplier for plastic additives. With this expansion, BASF responds to an increasing market demand and aims to better serve its global customers.