Cellasto has plans to establish its second plant in Shanghai, China for a whooping investment of 60 million euros. The new facility is expected to feature advanced mold lines which will lead to a capacity increase of nearly 70 %.

With the new plant, BASF India aims to increase the production capacity of microcellular polyurethane. Located in Dahej, India, the plant is expected to be operational in the second half of 2026.

Silke Wischeropp has been appointed as President, General Counsel and Chief Compliance Officer and will assume responsibility for the Division Corporate Legal, Compliance & Insurance, Ludwigshafen from June 1, 2025.

With a mid-double-digit million-euro investment, BASF has plans to develop a new alcoholates plant at its site in Ludwigshafen, Germany. On completion, the project is expected to produce sodium methylate and potassium methylate.

BASF has plans to sell its Styrodur business to Bachl which is claimed to be one of the leading manufacturers of insulation materials in Germany, an experienced XPS producer and a long-standing Styrodur distribution partner of BASF.

The Global Impact Coalition which includes members from leading industry leaders have recently launched the world’s first Automotive Plastics Circularity pilot. The initiative is expected to revolutionize the automotive plastics recycling segment.

With a high double-digit million-euro figure investment, BASF has inaugurated its new catalyst development and solids processing center in Ludwigshafen, Germany. The new center will be used by BASF to develop and optimize innovative process technologies and catalysis processes.

LG Chem has become the first Korean company to join the CEO-led collaborative platform for a net-zero chemicals future, Global Impact Coalition. The move strengthens GIC’s global reach, particularly in East Asia.

BASF has appointed Dr. Thomas Kloster to take responsibility for the Petrochemicals division based in Ludwigshafen from January 1, 2025. Kloster is currently the President of the Performance Chemicals division at BASF.

Accelerating the renewable energy transition is no longer a choice, industries will have to pick up pace and significantly adopt clean as well as sustainable solutions in the coming years in order to reach net zero emissions by 2050 or all of us could potentially be staring at doomsday.