Wintershall, a subsidiary of the world's biggest chemical company BASF, acquires additional shares in oil and gas fields from Statoil for US$1.25 billion. The new fields shall increase the company's daily production in Norway to around 60,000 barrels of oil equivalent.

Frost & Sullivan’s recent intelligence, Global Analysis of Battery Materials Market, Forecast to 2023, examines the battery materials used in lead-acid and Li-ion batteries. The study finds that China, Japan and South Korea in Asia-Pacific (Apac) are proving to be lucrative markets for Lithium (Li)-ion battery material suppliers.

BASF will increase its capacity for cyclohexane oxidation at its Antwerp Verbund site by about 50,000 tons per year. The debottlenecking project will help to reduce the dependency on external suppliers of cyclohexane oxidation products.

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

The work on an interface to perfect Open Plant/Comos integration has been in full swing for a year now. How close are we to seeing the results? –We thought it was time to ask the question, and so at this year’s Hanover Fair we caught up with Anne-Marie Walters, Global Marketing Director at Bentley Industrial Process & Operations.

The 31st Chemspec Europe takes place this year at Messe Basel. The event has long been promoted as a must-attend event in the industry. On 1st and 2nd June, visitors can expect top-class workshops and conferences in addition to the exhibition..

What has advent of additive manufacturing in store for the process industry? – The 3D-printer becomes a gamechanger: While some companies set themselves apart by using customized materials or dream of the pill out of the printer, others fear the impending marginalization of the chemical industry. Gold rush or hangover? An industry is looking for answers between polymer filaments, prototypes and printed pills.

Industry 4.0 and digital transformation solutions are a priority for many pump, vacuum equipment and compressor manufacturers. The race to develop new business models has just started. 3D printing has a special role to play, and it will revolutionize the spare parts market.

BASF will acquire the electrolytes business for high-performance batteries from German Chemical and Pharmaceutical Company Merck. The companies have agreed not to disclose financial details of the transaction.

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.