basf se-spon adr (BASFY) Key Developments
BASF Launches New Bio-Based Polyol for VOC Free 2K PU Applications
Aug 27 15
BASF has extended its range of high-quality bio-based polyols sold under the Sovermol(r) trademark. The products are used for manufacturing extremely low-emission 2K PU coatings for interior and exterior applications. With Sovermol 830 BASF is launching a new polyol that makes indoor floorings, e.g. in industrial warehouses or sports halls, more resistant. As the resin is produced from renewable raw material and contains no volatile organic compounds (VOC) it greatly contributes to the production of more sustainable coatings with particularly high levels of stability and durability. Due to a specific chemical modification, the complex polyether-ester polyol has excellent water-repellent properties. It exhibits excellent curing properties, even in challenging curing environments with high humidity and temperature. Due to its high filling levels and low processing viscosity, Sovermol 830 helps to lower the overall cost of a formulation. In addition, the shore D hardness of this thermoplastic material exceeds 60. Despite the extended processing time of Sovermol 830, the material can be walked on after one day only, which ensures shorter downtimes and, consequently, lower costs.
BASF to Build New Mobile Emissions Catalysts Facility in Thailand
Aug 11 15
BASF is planning to build a new mobile emissions catalysts manufacturing facility at Rayong in Thailand to replace an existing plant. The new facility will house a total of four production lines for light duty and motorcycle emissions catalysts. The project is expected to be completed in the second quarter of 2017.
SIBUR and BASF Extend the Agreement on Supply of Additives for Polymer Production
Aug 10 15
SIBUR and BASF have extended their long-term agreement on supply of additives used for polymer manufacturing at SIBUR production facilities. The agreement provides for supply of additives improving the quality of finished products for production of polypropylene, polyethylene, synthetic rubber, thermoplastic elastomers by BASF to SIBUR. Apart from that, the parties will continue to implement their joint projects related to development of new grades of polypropylene, polymer stabilization optimization, and introduction of customer specific blends (CSB), ensuring higher production efficiency and stable high quality of products. SIBUR and BASF signed the long-term cooperation memorandum on supply of additives used for polymer manufacturing at SIBUR production facilities in 2013.
BASF Reportedly Secures Financing of $50 Million To Acquire Syngenta
Aug 7 15
BASF SE (DB:BAS) intends to make an offer for Syngenta AG (SWX:SYNN). BASF has lined up a loan package roughly of $50 billion in bridge financing from large multinational banks for a potential takeover offer for Syngenta. "After a potential bid, BASF may also opt for loading some of that debt onto Syngenta," the other source said.
Gazprom and BASF SE Agree to Cooperate Within Nord Stream II Project
Aug 3 15
Gazprom and BASF signed a Memorandum of Intent stipulating the cooperation within the project for constructing the Nord Stream II gas pipeline. The document reflects the parties' intents to implement a project for constructing two strings of the gas pipeline that would connect the Russian and the German coasts under the Baltic Sea. The new gas pipeline capacity will total 55 billion cubic meters a year.