BASF announces double-digit million euro investment in specialty chemicals business at Monthey, Switzerland siteSignificant capacity expansion until 2022Expanding leadership in a growing market
First-of-its-kind collaboration enables both companies to jointly reduce CO2 emissions in barley production and also certify the reductionCollaboration is a first milestone of BASF’s Global Carbon Farming Program and supports Boortmalt target to reduce its indirect emissions in the value chainCarbon certificates enable barley growers in Ireland to generate additional revenue streams
BASF’s Re_think concept drives sustainable innovation in the personal care industry through digitalizationSurfactant Navigator and SFA Formulator enable BASF to digitally support its customers in formulationsNew digital tool enables end-to-end traceability in argan oil supply chain
Triple action addresses the #NoFilter skincare trend for authentic beautyEffect on skin oiliness tested on an advanced ex vivo 3D model that visualizes the functioning of the skin’s sebaceous glandsSustainable, organic certified harvest of Epilobium angustifolium in line with the Responsibly Active program for bioactives
Promoting sustainability through reduced polymer usage in plasticultureLatest addition to BASF’s VALERAS® portfolio that helps customers to achieve their sustainability goals
GLYSANTIN® engine coolants available as biomass balancedsolutions in European aftermarketDedicated solutions to support technologies of future mobility
EBITDA before special items: €7.7 billion (minus 28.7 percent)Cash flows from operating activities of €8.1 billion (plus 5.2 percent);free cash flow of €2.7 billion (minus 18.5 percent)Outlook 2024:EBITDA before special items of between €8.0 billion and €8.6 billion expectedFree cash flow of between €0.1 billion and €0.6 billion expected due to temporarily higher capital expendituresFurther program for Ludwigshafen site announced, targeting annual cost savings of €1 billion by the end of 2026
Cooperation project between Mercedes-Benz and BASF wins 2nd prize of the prestigious innovation award for plastics technology in the “Enabler Technology” categoryUltramid® Expand reduces the vehicle component’s weight and production costsThe polyamide particle foam is ideal for demanding requirements in the automotive sector
Siemens circuit breaker is the first electrical safety product to use plastic components where fossil raw materials have been replaced by biomethane derived from recycled biowasteThe material changeover in the SIRIUS 3RV2 circuit breaker production will reduce the emission of carbon dioxide equivalents by ~270 tons per year1SIRIUS 3RV2 is one of the first products covered by the recently launched Siemens EcoTech label
