On December 21, 2023, BASF, Letter One and Harbour Energy reached an agreement on the future of Dea Wintershall's exploration and production business. The business, excluding Russia-related activities, is to be transferred to Harbour Energy.

The chemical industry is striving to accomplish decarbonization in its overall operations in order to achieve net zero emissions by 2050. For this purpose, the sector is exploring many existing as well as innovative technologies to help it transform like never before.

As the year 2023 is now passé and the New Year has begun with great vigor, we have listed below the ‘Top 10 Articles’ of PROCESS Worldwide in 2023. These write-ups have attracted the most views by our readers, we hope you enjoy reading all of them.

Dr. Markus Kamieth has been appointed as the new chairman of BASF’s Board of Directors. He will succeed Dr. Martin Brudermüller, who has held the post since 2018.

At the recently held global climate event COP 28 in Dubai, UAE, Sinopec highlighted the progress made by the company on carbon, capture, utilization and storage.

BASF’s Surface Treatment Business – Chemetall has inaugurated its new Global Aluminum Competence Center in Giussano, Italy. The center is expected to strengthen the firm’s position as a global supplier of solutions for the surface treatment of aluminum substrates.

BASF and SK On have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market. With a focus on the North America and Asia-Pacific markets, the companies will initially look at the production of cathode active materials.

BASF has partnered with 3Helix for its proprietary CHP technology. Under the terms of the agreement, BASF will be given the exclusive rights to commercialize CHP solutions for the personal care field.

The German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate have approved up to 124.3 million euros in funding for BASF’s 54-MW water electrolysis plant. The PEM electrolyzer is expected to produce up to 8,000 metric tons of hydrogen every year.

BASF has announced that Dr. Daniel Schönfelder who is currently the Senior Vice President, Battery Base Metals & Recycling at BASF will as President take charge of the Catalysts division which is based in Germany from January next year.