BASF targets investments worth 3.9 billion dollars to 5 billion dollars between 2022 and 2030 in battery materials. (BASF)
USA: Electromobility

BASF to Establish Standalone Mobile Emissions Catalysts Biz, Invest 5 Billion Dollars in Battery Materials and Recycling

BASF has plans to establish a separate mobile emissions catalysts business due to the massive shift in the automotive industry towards the sustainable electromobility market. The new business is expected to prepare for the changes in the internal combustion engine market. Also, the company’s massive investment in battery materials and recycling will further strengthen this segment.

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The Net Zero Accelerator unit will be led by Dr. Lars Kissau as President, reporting directly to the Chairman of the Board of Executive Directors. (BASF)
Germany: Net Zero Accelerator

BASF’s New Project Organization to Help Speed Up Implementation of CO2 Reduction Targets

BASF’S new project organization ‘Net Zero Accelerator’ aims to accelerate its cross-company activities in the fields of low-CO2 technologies, circular economy and renewable energies in order to reduce its CO2 emissions by 25 % by 2030 and become climate neutral by 2050. The new unit will be led by Dr. Lars Kissau who will report directly to the CEO and make sure that the emission reduction projects are implemented over the next few years.

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Galleries

An insight into the 8 most revolutionary technologies of 2021.  (zaha.treecha17/adobe stock)
Process Industry Solutions

8 Revolutionary Technologies of 2021

PROCESS Worldwide brings to you a snapshot of some of the most revolutionary technologies of this year. From major breakthrough technologies in steam methane reforming to solutions analyzing the composition of gas treating agents in real time, find out all the latest innovations making news here.

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Dr. Martin Brudermueller, Cefic President and CEO of BASF.  (BASF)
Impact of EU Chemicals Strategy for Sustainability

Cefic Stresses on Need for ‘EU Chemical Industry Transition Pathway’ to Meet EU Green Deal Goals

The European Chemical Industry Council (Cefic) has requested to hold talks with the European Commission to jointly develop a ‘EU Chemical Industry Transition Pathway’ to assist the industry to transform into a cleaner and more sustainable one. The move has been undertaken in the background of Cefic’s recent study on the business impacts of the Commission’s ‘EU Chemicals Strategy for Sustainability’ policy.

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The new unit will upgrade a byproduct waste stream by selectively hydrogenating C4 acetylenes to produce larger quantities of butadiene and raffinate products.  (Lummus Technology )
Korea: Technology Award

Lummus to Provide Acetylenes Hydrogenation Unit to KPIC’S Chemical Plant

Lummus Technology has been selected by Korea Petrochemical Ind. Co. (KPIC) to provide a C4 acetylenes selective hydrogenation unit to its Onsan chemical plant in Ulsan, Republic of Korea. The new unit, which is part of the plant’s expansion plan, is expected to process 37,000 MTA of feed, leading to higher production rates of butadiene and raffinate products. The new unit will also prevent the burning of the byproduct stream resulting in lower emissions.

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