The refinery catalyst market is set to grow from its current market value of more than 4 billion dollars to over 5.5 billion dollars by 2025; according to a report by Global Market Insights.

BASF has opened its first production plant for concrete admixtures in Russia located at its existing site in the Podolsk District of the Moscow Region. With this new production facility BASF will serve its customers in the Russian construction industry with a wide range of concrete admixtures.

In February 2019, BASF has founded the new company BASF Digital Solutions located in Madrid, Spain to drive forward the digital transformation of the group and develop innovative IT solutions. The company plans to grow the center to more than 300 digital specialists within the next years.

The market research company Ceresana analyzed the global market for adhesives and sealants based on PUR in detail. Until 2024, Ceresana expects an increase in revenues generated with these products to over $ 9.7 billion.

German chemicals behemoth BASF has been the victim of scam accounts and billing frauds: Four employees of the chemical company are said to have cooperated with external firms to settle services that were never provided. This caused damage in the tens of millions.

BASF announced that it started a stepwise capacity increase of its production plant for alkoxylation — a downstream technology of ethylene oxide production — in Antwerp, Belgium. The first additional capacities will be available from as early as the 3rd quarter of 2018.

The Board of Executive Directors of BASF has announced several personnel changes.

With his appointment, the company plans to further support the fast-growing polymer industry in the Middle East. The firm also intends to promote the local production of customer-specific antioxidant blends in the country.

The firm has undertaken this move in order to support the growing demand for acrylic monomers in Asia Pacific. The expansion plan is expected to be complete by 2021.

BASF announced its plans to build a world scale production plant for formic acid at its site in Geismar in the state of Louisiana. The new plant has an annual capacity of more than 50 000 tons.