2007/2/27 BASF

BASF plans transformation into a European Company (SE)
Hambrecht: Affirmation of an entrepreneurial vision of Europe

The Board of Executive Directors and Supervisory Board of BASF Aktiengesellschaft have resolved to propose to the Annual Meeting on April 26, 2007 the transformation of BASF Aktiengesellschaft into a European Company (Societas Europaea, SE) with the name BASF SE. The companys headquarters and chief administrative offices will remain in Ludwigshafen, Germany.

The European Company is a modern legal form for a global company whose home market is in Europe,said Dr. Jurgen Hambrecht, Chairman of the Board of Executive Directors of BASF Aktiengesellschaft. The transformation into a European Company is intended to further strengthen corporate governance at BASF. BASF considers this legal form to be an affirmation of an entrepreneurial vision of Europe. BASF is strengthening the participation of European employees in the company and thus demonstrates its pioneering role in the European chemical industry.

BASFs shareholders will be provided with more detailed information on transformation of the companys legal form in the invitation to the Annual Meeting, which will be sent out as of March 16, 2007.

Europe is BASFs home market: In 2006, it posted approximately 60 percent of its sales and employed around two-thirds of its global workforce of more than 95,000 employees in the region.

欧州会社」とは200410月以降、EUで設立が可能となったもので、EU法に基づき設立される。正式名称はラテン語でソシエタス・ヨーロピアで通称は‘SE’。 欧州会社は登録住所の置かれた加盟国において登録され、他の加盟国では子会社を設立することなしに活動できる。
また、法的制限を伴うことなく欧州域内のリストラクチャリング、事業再編および事業統合を柔軟に行うことが可能となる。
更に、子会社の場合は親会社又は他の子会社との取引では付加価値税(VAT)が課せられるが、欧州企業の場合は社内取引となるためVATは課せられないというメリットもある。


2007/3/20

BASF Breaks Ground In China For Two New Manufacturing Plants

BASF broke ground for two new plants in Pudong, near Shanghai in China, which will manufacture polyacrylate polymers and specialty chemicals for leather tanning. The plants will provide customers in the growing Chinese market with a reliable supply of high-quality chemicals. The two facilities are expected to be completed in the first quarter of 2008. Investment details were not disclosed.

The polyacrylate polymers plant will have a minimum capacity of
30,000 metric tons per year, while the plant for specialty chemicals for leather tanning will have a minimum annual capacity of 12,000 metric tons of products in liquid or powder form. A spray dryer with a capacity of 10,000 metric tons per year is part of the investment. The new plants will be located next to BASFs existing facilities for polyacrylate polymers and leather chemicals in Pudong. 浦東

The polyacrylate polymers marketed under the trademark SokalanRare synthetic water-soluble polymers 水溶性ポリマーused in the laundry, paper, water treatment and textile industries. The specialty chemicals for leather tanning carry the trademarks Basyntan(R), Relugan(R) and Tamol(R).

BASF today (March 20, 2007) also inaugurated its
polyisocyanate plant at the Shanghai Chemical Industrial Park in Caojing, which will serve the entire Asia Pacific market. The plant has an annual capacity of 8,000 metric tons and its product is marketed under the trademark Basonat(R). Construction work began in June 2005. Polyisocyanates are raw materials used in the manufacture of automotive, industrial and wood paints.


BASF 2004/8/31 

BASF plans to invest in a polyurethanes specialties site in Shanghai

Site in Pudong, Shanghai establishes a new level of closeness to customers
System house, product development and TPU production at a single site
Chinese polyurethanes market expected to grow by about 10 percent per year in the next 10 years


2007/3/21 BASF     日経記事

BASF and Monsanto Announce R&D and Commercialization Collaboration Agreement in Plant Biotechnology

Agreement aimed at developing higher-yielding crops that are more tolerant to adverse environmental conditions such as drought
Potential $1.5 billion/Euro1.2 billion devoted to joint pipeline over life of the collaboration
First products to be commercialized in the first half of the next decade

BASF and Monsanto Company today announced a
long-term joint research and development (R&D) and commercialization collaboration in plant biotechnology that will focus on the development of high yielding crops and crops that are more tolerant to adverse environmental conditions such as drought. The collaboration is effective immediately.


Under this collaboration:

The companies will establish and collaboratively manage a dedicated pipeline that will focus on the development of crops with higher yields and crops that lead to consistent yields under adverse environmental conditions, such as drought.
Each company will additionally maintain independent trait discovery programs.
From the various programs, each company will nominate specific candidate genes and the most promising candidates will be advanced for accelerated joint development and for commercialization in the Monsanto pipeline.
The two companies expect to generate a greater number of viable research projects than they could have done on their own, accelerate the development of new products, and bring a greater number of traits to the market at a faster speed.
The nominated projects will be jointly funded at a 50-50 cost sharing through each phase of development as the candidate gene works its way toward commercial status.
Products that emerge from the joint development will be commercialized by Monsanto. The companies have agreed to share profits associated with commercialized products, with Monsanto receiving 60 percent of net profits and BASF receiving 40 percent of net profits.


About Monsanto
Monsanto is an agriculture company. The company is a leading provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto is committed to investing in products that can make a difference for its farmer customers and the land they farm. The company uses plant breeding, plant biotechnology and other applications of modern science to support its commitment to agriculture and the farmers that feed, clothe and fuel our growing world. For more information on Monsanto, see www.monsanto.com.


2006/6/15 http://www.juno.dti.ne.jp/~tkitaba/gmo/news/06061501.htm

BASF Plant Science 干ばつ耐性GM小麦を豪分子植物育種研究センターと共同開発

  ドイツの巨大化学企業・BASFが6月8日、モンサント、シンジェンタと並び遺伝子組み換え(GM)作物の開発で世界をリードするその農業部門・BASF Plant Scienceとオーストラリア分子植物育種協同研究センター(MPBCRC)との協力関係を拡充すると発表した。今後7年間に2800万ドルを投資、オーストラリアでの干ばつ耐性や真菌病抵抗性のGM小麦を共同開発するという。

 共同研究プログラムの一環として、BASF Plant Scienceは収量増加・干ばつ耐性・真菌病抵抗性の候補遺伝子の大規模なコレクションを利用可能にする。MPBCRCは、典型的な農業条件の下で高度に有効な遺伝子組み換えのための専門知識と特許を持つ技術を提供する。

 BASFによると、小麦は、世界で栽培されるトウモロコシに次ぐ穀物であるが、長期化する干ばつが、オーストラリアなどの乾燥地域のみならず、ヨーロッパでも二桁(%で)の収量損失を引き起こしている。また、真菌病も収量を大きく減少させている。真菌病に抵抗性をもつGM小麦は農民の一層有効な作物保護に役立つだろうという。

 オーストラリアの2002年の小麦収量は、100年来と言われる干ばつで半減した。その後も、これほど厳しくはないとしても、ほとんど連年の干ばつに見舞われている。今年も多くの農業者が作付できず、牧草も枯れ始めている。こうした傾向は、今後ますます強まるだろう。

 


2007/4/13 Platts

BASF to debottleneck Antwerp cracker mid Aug to end Sep

Germany's BASF has divulged the dates of its planned debottlenecking of its naphtha steam cracker at Antwerp, Belgium. "The turnaround will start in the middle of August and last until the end of September," a company source said Friday.
The Eur200 million ($246 mil) expansion project would make the plant the largest single-train steam cracker in Europe by
boosting its ethylene capacity from 800,000 mt/yr to 1.08 mil mt/yr.


May 18, 2007 BASF

BASF opens new engineering plastics compounding plant in Shanghai

BASF today celebrated the inauguration of its engineering plastics compounding plant at its Pudong site in Shanghai, China. The new facility came on stream in March 2007 and is a world-scale plant with an annual capacity of 45,000 metric tons. It is one of the most modern compounding plants in the world today, with the highest environmental standards and the most efficient production capabilities available.


Alongside this new plant in Shanghai, BASF has
similar compounding facilities in Malaysia and Korea, which are part of BASF's global network of engineering plastics and compounding plants. This network covers other countries in Europe, North and Central America. With the new plant, BASF's total compounding capacity in Asia exceeds 100,000 metric tons per annum.


2007/6/12 BASF

BASF considers construction of MDI plant in Chongqing

Plant to have world-scale capacity of 400 kt/a crude MDI
Startup planned from 2010 onward
Investment underlines BASF commitment to China

BASF is considering the construction of a new MDI (diphenylmethane diisocyanate) plant in Chongqing municipality, Western China, to meet growing demand for this product. A corresponding memorandum of cooperation was signed today (June 12, 2007) with
Chongqing Chemical and Pharmaceutical Holding (Group) Company 重慶化醫集團and local authorities. BASF will now carry out an in-depth evaluation of the competitiveness of the location. The startup is planned from 2010 onward, and the plant is expected to have a capacity of 400,000 metric tons per year of crude MDI.


BASF already announced in early 2006 that it was considering building
another MDI plant in China with partners. The decision on BASFs additional joint venture partners has not yet been made, and the final choice of a site for the plant still hinges on a number of factors.


2006/11/2 BASF

BASF to mothball THF plant in Caojing, China
 ・Tough market conditions
 ・Reliable supply to customers maintained

BASF has decided to
mothball its tetrahydrofuran (THF) plant in Caojing, Shanghai, China. The plant has an annual capacity of 80,000 metric tons and supplies the raw material THF to the polytetrahydrofuran (PolyTHF) manufacturing plant at the same site. The mothballing of the THF plant will start in the first quarter of 2007, and the PolyTHF plant will be supplied in the future from BASFs global production network.
The THF plant was shut down for technical reasons after a salt leakage in the first quarter of 2006 and has not been started up since then.

The restructuring will enhance efficiency, strengthen competitiveness and lead to a further increase in the capacity utilization of BASFs THF plants in Germany, USA, Korea and Malaysia.

Apart from the plant in Caojing, BASF produces
PolyTHF at its sites in Ludwigshafen, Germany, Geismar, USA, and Ulsan, Korea, supplying textile manufacturers all over the world.
PolyTHF is an important component in the production of
elastic spandex fibers for textiles such as sportswear, swimwear, underwear and outerwear. In addition to its role in textiles, PolyTHF is also an important intermediate for thermoplastic polyurethanes (TPU), which are used for example in the manufacture of highly abrasion-resistant, yet flexible hoses, films and cable sheathing.


June 22, 2007 BASF

BASF Agrees to Sell its Minority Ownership Interest in Geismar, LA Ethane Cracker and Associated Facilities

BASF Corporation today announced that it has agreed to sell its minority ownership interest in a 610,000 tons per year ethane cracker and associated pipeline and storage facilities located in Geismar, Louisiana. Subject to regulatory approvals, Williams Olefins, L.L.C., will purchase BASF's ownership interest in the cracker and PetroLogistics, LLC, will purchase BASF's interest in the associated pipeline and storage facilities. Terms of the agreements were not disclosed. Closing is expected to take place in July. The ethane cracker is jointly owned by GE Petrochemicals, Williams Olefins, L.L.C. and BASF, and operated by Williams Olefins, L.L.C. The pipeline and storage facilities are jointly owned by GE Petrochemicals, PetroLogistics, LLC, and BASF, and operated by PetroLogistics.
BASF purchased its ownership stake in the cracker and associated facilities in 1970 as
part of its acquisition of Wyandotte Chemicals. Each owner supplies raw materials to the cracker and independently markets its share of production from the cracker.
"BASF's strategy to more closely balance olefins supply capability with captive demand is well served by our
world-scale joint venture naphtha steam cracker in Port Arthur, Texas, reducing the strategic importance of the Geismar ethane cracker to BASF," said Peter Cella, NAFTA Group Vice President, Petrochemicals. "We believe our investment in the Port Arthur cracker and the latest technology deployed at this facility will provide BASF with a sustainable first quartile competitive position in the marketplace."

Williams Olefins, L.L.C

Williams' businesses produce, gather, process and transport clean-burning natural gas to heat homes and power electric generation across the country.

Williams has been in business since 1908, when two Williams brothers began a construction company. That business grew into the world's leading pipeline engineering and construction firm. Under the Williams Brothers name, the company went public in 1957 with a net worth of about $8 million.

Williams Olefins, a business unit of Williams, is the operator of the jointly owned world class ethylene production facility located near Geismar, La., where approximately 1.2 billion pounds of polymer grade ethylene and 90 million pounds of polymer grade propylene are produced annually.


BASF/Atofina (60:40 JV)

Port Arthur, Texas

2,000百万lbs


July 9 2007 diyweek.net

BASF rules itself out of ICI acquisition

The German chemicals group BASF has told Dutch newspapers it is not interested in purchasing chemical firms, including ICI, as they are too expensive.

Board member Stefan Marcinowski told Dutch daily newspaper Het Financieele Dagblad that
acquiring other chemical companies is not 'financially viable'.


2007/7/17 BASF

BASF evaluates strategic options for selected styrenics activities

BASF Aktiengesellschaft (BASF), Ludwigshafen, announced today (July 17, 2007) that it is evaluating strategic options for selected parts of its styrenics activities. In parallel to the evaluation process, BASF has received an initial offer for selected parts of its styrenics activities, and plans to start discussions with the interested party.

BASF
s activities under consideration include its styrene monomer (SM), polystyrene (PS), styrene butadiene copolymer (SBC) and acrylonitrile butadiene styrene (ABS) businesses with plants in Antwerp, Belgium; Altamira, Mexico; São José dos Campos, Brazil; Ulsan, South Korea; and Dahej, India. These activities posted sales of about Euro3.2 billion in 2006 and have approximately 1,000 employees.


Hans W. Reiners, President of BASFs Styrenics division, said that BASFs remaining styrenics activities will in the future focus on foams and specialties for the construction, automobile, packaging, sport and leisure industries. This ties in with the strategy of BASFs Plastics segment to supply its customers with highly innovative, tailor-made solutions.

In South Korea, BASF owns a 300,000 mt/year SM plant, a 250,000 mt/year ABS plant, a 320,000 mt/year PS plant and a 65,000 mt/year EPS plant at Ulsan. It procures its required benzene from other producers in Korea and Japan. (Platts)

--------------

2007/8/1 Platts

Germany's BASF in constructive talks with buyer for styrenics:CEO

BASF is in "fairly constructive talks" with one potential buyer for selected styrenics activities, Jurgen Hambrecht, CEO of the Ludwigshafen-based company, said Wednesday during the presentation of Q2 results.

--------------

Plast europe 2007/8/29

Basell : Leading contender for BASF styrenics?

Basell is being touted as a leading contender to acquire the EUR 3.2 bn styrenics activities that BASF put up for sale in July.
German press reports say that BASF and its former 50:50 joint venture (with Shell) have been in talks (now stalled) about a takeover. Both companies have declined to comment on the reports pointing to differing views about the value of the business as well as internal differences at BASF.

Financial Times Deutschland


2007/8/6 BASF

BASF to increase propionic acid capacity in Ludwigshafen and Nanjing プロピオン酸

BASF is increasing its annual production capacity for the chemical intermediate propionic acid at its sites in Ludwigshafen and Nanjing by 30,000 metric tons and 9,000 metric tons, respectively. Production in Nanjing is ensured by BASF YPC Co. Ltd., a joint venture owned by BASF and the China Petroleum & Chemical Corporation (Sinopec Corp.). Once the expansion of the two production facilities is completed ? in Nanjing and in Ludwigshafen by mid-2009 ? BASF will have the capacity to make 149,000 metric tons of propionic acid each year.

Ludwigshafen 80,000+30,000110,000
Nanjing
     30,000+ 9,00039,000

Propionic acid inhibits the growth of mold and some bacteria and is used as a preservative for animal feed and food for human consumption. The acid is also widely used in the production of vitamin E, pharmaceutical-active ingredients, crop protection agents and solvents.


2007/8/27 BASF

BASF Catalysts expands auto catalyst plants in China and India
Rapidly growing demand in automotive industry

BASF Catalysts is expanding its automotive catalyst plants in
Shanghai, China, and Chennai, India, to meet growing customer demand over the next few years. BASF Catalysts already is a market leader in automotive catalysts throughout Asia, and the planned expansions will support the companys continued leadership in the region.

In response, BASF Catalysts will
nearly double manufacturing capacity in Shanghai, and triple capacity in Chennai. Both sitestechnical capabilities will also be upgraded in order to deliver the most advanced emission-control technologies that will meet anticipated new emissions standards in China and India. Capacity expansions at both locations will be complete by early 2009.


2007/9/17 AFX News

BASF ready to take out 10 bln eur in debt to finance acquisitions - CFO

BASF AG is ready to take out about 10 bln eur in additional debt to finance acquisitions, less than a year after buying catalyst maker Engelhard Corp, the Germany company's chief financial officer Kurt Bock told the Wall Street Journal Europe in an interview.

BASF is 'underleveraged' and could 'easily' double debt to twice its operating profit, adding about 10 bln eur to acquisition funding, Bock said, according to the newspaper.


2007/9/27 BASF

BASF increases ethylene oxide capacity in Europe for EO derivatives

BASF is at the moment successively increasing its production capacity for ethylene oxide at its Ludwigshafen and Antwerp sites. Most of the work will be performed during the next planned shutdowns in 2008 and 2009. This will increase BASFs capacity for ethylene oxide in Europe from 705,000 to 845,000 metric tons per year. A total of 345,000 metric tons per year will be produced in Ludwigshafen and a further 500,000 metric tons per year in Antwerp.


BASF mainly produces ethylene oxide for its own use. The most important derivatives of ethylene oxide are surfactants, ethanolamines, glycol ethers and polyols.


2007/10/15 BASF

Germany and China - Moving Ahead Togetherin Nanjing:
  BASF presents innovative products and solutions for sustainable development

Pavilion featuring energy-efficient and environmentally friendly solutions for housing and the automotive industry plus a KidsLab
High-level corporate social responsibility round table
BASF to sponsor Nanjing taxis with its Keropur(R) fuel additive
Expert symposium on city life and construction
 

BASF, Official Partner of the Germany and China - Moving Ahead Togetherinitiative, today announced its contributions to the first station in Nanjing, capital of Jiangsu Province. The initiative will run from autumn 2007 to 2010 and will tour a number of major cities throughout China to promote technological and cultural aspects of Germany. BASFs most visible activity will be a pavilion on the Germany Esplanade in Nanjing that will be open to the public from October 19 to 27, 2007. Other activities include a high-level corporate social responsibility (CSR) round table, the sponsorship of Nanjing taxis with BASFs Keropur(R) fuel additive, and an expert symposium on city life and construction.

BASF Pavilion: Construction and living, mobility and KidsLab
The pavilion will feature three main areas:
In the low-energy apartment BASF will show how its innovative products for the construction industry reduce both energy consumption and emissions while enabling a modern lifestyle. In addition, there will be hands-on exhibits related to topics such as smart temperature management, sound absorption and heat-reflecting surfaces.
The second area focuses on how BASF helps to make cars more environmentally friendly with a wide range of solutions for the automotive industry. Exhibits include water-based coatings and emission-control catalysts, as well as plastics that reduce the weight of cars and cut fuel consumption.
Finally, the pavilion will contain a KidsLab in which children aged between 6 and 12 years can discover the world of chemistry through exciting specially designed experiments. Here again, two of the six experiments deal with aspects of environmental protection: wastepaper recycling and wastewater purification.

2007/10/8 BASF

BASF inaugurates two new plants at its Freeport, Texas, site

BASF today (October 8, 2007) inaugurated two new manufacturing plants at its site in Freeport, Texas - a production line for polyamide 6 (nylon) and a plant for superabsorbent polymers (SAP).


The polyamide production line replaces a facility in Enka, North Carolina. The new line has an annual capacity of 120,000 metric tons per year, and the caprolactam feedstock is supplied by another BASF plant at the Freeport site.

The new superabsorbent polymers manufacturing facility is supplied with a key raw material, acrylic acid, from another BASF plant at the Freeport site which provides major competitive advantages in terms of logistics and product quality. The new SAP plant has a capacity of 180,000 metric tons per year and replaces existing facilities in Aberdeen, Mississippi and Portsmouth, Virginia.

 


2007/11/13 BASF

BASF further expands its position for engineering plastics in Europe

BASF has signed an agreement with SABIC Innovative Plastics on the acquisition of SABIC Innovative Plastics'shares in the PBT joint venture, BASF GE Schwarzheide GmbH & Co. KG. PBT (polybutylene terephthalate) is an engineering plastic.

BASF has a proven track record in Europe with firms who have co-located at the companys two major German sites --Ludwigshafen and Schwarzheide.

JV with GE Plastics thrives at BASFs Schwarzheide site
In 1997, General Electric
s GE Plastics Europe BV and BASF AG teamed up to create BASF GE Schwarzheide GmbH & Co., a 50/50 joint venture that manufactures and markets polybutylene terephthalate (PBT), a thermoplastic polyester used in auto components, appliances and consumer products. When the new company sought a home for its world-scale 60,000 tonne per year facility, it looked at several options. The company decided to co-locate at BASFs Schwarzheide site because of the cost advantages there and the fact that a compounding facility was already on site. Today, the joint venture is the largest customer for services at the Schwarzheide site. The BASF GE venture is integrated into the whole energy structure of the site, and pays for site services as they would anywhere else. Executives at BASF GE Schwarzheide describe the investment as a success and consider it a well-run operation.

The purchase of SABIC Innovative Plastics'shares in BASF GE Schwarzheide marks BASFs fifth acquisition in the sector of engineering plastics within the last five years. In 2003, Honeywells worldwide engineering plastics business and Ticonas polyamide 66 business were bought and have been successfully integrated. This was followed in 2005 by the takeover of Leuna-Miramid GmbH and the engineering plastics business of LATI USA Inc. Moreover, BASF has started up operations in the growth market of Asia within the last 18 months, including a new production joint venture for PBT together with Toray in Malaysia and a new compounding plant in Pudong near Shanghai, China.

 


May 22, 2006

More polyamide specialties

Leuna-Miramid GmbH - a manufacturer of special polyamide compounds at the chemical site in Leuna, Germany - which was taken over by BASF in November 2005, is to be renamed BASF Leuna GmbH. The name change reflects the complete incorporation of this site into BASF's integrated network (Verbund). The brand name Miramid®, however, will be retained in BASF's product portfolio.


2005/12/8

BASF to acquire major North American engineering plastics business of LATI Engineering plastics portfolio strengthened with additional nylon, PBT, POM resins

BASF Corporation and LATI USA Inc., the U.S. affiliate of the Italian engineering plastics compounder LATI Industria Termoplastici SpA, have reached an agreement in which BASF will acquire the nylon 6 and nylon 6,6, polybutylene terephthalate (PBT) and polyoxymethylene (POM) business of LATI USA Inc., effective December 30, 2005. Financial details of the transaction are not being disclosed.

BASF will not acquire any manufacturing sites, equipment or related assets as part of the transaction. Also, no LATI employees will be transferred to BASF. For a period of time, LATI will supply its nylon (Latamid®, Kelon®, Latilub®, Latiblend®), PBT (Later®) and POM (Latan®) product lines to BASF under a transitional supply and services agreement.

LATI USA Inc. and BASF jointly expressed their commitment to a successful transition and will work closely to support customers to ensure no disruption of product supply and services occurs.


参考 Bayer/GE

August 27, 2007 Bayer

Bayer MaterialScience is to transfer EXATEC shares to GE Plastics

Bayer MaterialScience is to transfer its shares in EXATEC to GE Plastics. This transaction will be completed subject to the approval of the relevant antitrust authorities. No statement will be made concerning the financial aspects.

With this decision, Bayer MaterialScience has opted to carry out its own independent development of
polycarbonate automotive glazing, a market that is set to enjoy future growth. EXATEC was founded in 1998 as a 50:50 joint venture between Bayer and GE with the aim of developing technologies to produce automotive glazing systems from polycarbonate. gration mean it can also be used for rear windows, and open up further areas of application within the automotive industry.


2007/12/6 BASF

BASF reorganizes its businesses: Faster to market, closer to customers, increased efficiency and greater cyclical resilience

BASF's new segment structure (Effective January 1, 2008)

 


2008/1/9 BASF

BASF expands plasticizers business in Asia Pacific

Oxo-C4 production capacity in Nanjing to be expanded to 305,000 metric tons
Plasticizer applications laboratory inaugurated in Shanghai
Focus on innovative products Hexamoll(R) DINCH and Palatinol(R) 10-P

BASF today (January 9, 2008) outlined several key initiatives for its Asia Pacific plasticizers business. To meet growing demand for solvents and plasticizers the company plans to expand the annual production capacity of its
oxo-C4 plant in Nanjing, China, by 55,000 metric tons to 305,000 metric tons by the fourth quarter of 2008. This move will ensure reliable supplies of the precursor alcohols n-butanol and 2-ethylhexanol. In Asia, and in China especially, demand for plasticizers is expected to grow by 4 to 5 percent per year through to 2015.

At the same time, BASF inaugurated the region
s first plasticizer applications laboratory in Shanghai.


February 12, 2008 Thomson Financial

BASF interested in acquiring Albemarle for 4.9 bln US$

BASF SE is interested in acquiring the US' chemicals company Albemarle Corp for 4.9 bln usd, a 30 pct premium on its current market capitalization, Capital reported on its website, not citing where it got the information.

It said the German chemicals company declined to comment respective rumours that according to the report were making rounds on Wall Street.

Albemarle is a client of BASF.

The report said BASF would mostly be interested is Albemarle's profitable refinery operations, which account for 40 pct of its sales.

Albemarle Corp

Albemarle Corporation, incorporated in 1993, is a global developer, manufacturer and marketer of highly engineered specialty chemicals. The Company sells a diversified mix of products to a range of customers, including manufacturers of consumer electronics, building and construction materials, automotive parts, packaging, pharmachemicals and agrichemicals, and petroleum refiners. As of March 1, 2007, the Company and its joint ventures operated 43 facilities, including production, research and development facilities in North and South America, Europe, Australia and Asia. It serves more than 3,400 customers in over 100 countries.

Albemarle Corporation's operations are managed as three operating segments: Polymer Additives, Catalysts and Fine Chemicals.

Total sales 2,369 million $
 Polymer additives 39%Flame retardantsAntioxidantsCurativesStabilizers
 Catalysts 35%FCCHPCPolyolefinSpecialty catalysts
 Fine chemicals 26%Fine chemistry servicesPharmaceuticalsBromine chemicalsOther industrial specialties


2007/6/11 BASF

BASF secures alternative raw material supply for polyamide 6.6 business
* BASF and INVISTA enter into ADN supply agreement
* Proposed closure of ADN plant at Seal Sands in early 2009

BASF announced today that it has secured an alternative raw material supply for its strategically important polyamide business. BASF will purchase adipodinitrile (ADN) from the global network of U.S.-based company INVISTA. ADN is used as a raw material to produce hexamethylenediamine (HMD) at BASF
s Seal Sands site, Teesside, U.K. HMD is a key intermediate for BASFs Ultramid A (Polyamide 6.6).

Supply from INVISTA will commence at the start of 2009, and once a reliable delivery has been established, BASF aims to close and dismantle its ADN plant in Seals Sands. Both companies will ensure that customers are not affected by the raw material supply changes.


BASF is producing Ultramid A (Polyamide 6.6) from the key intermediates HMD and adipic acid at its site in Ludwigshafen, Germany. In addition, BASF operates fully backward-integrated production plants for Polyamide 6 (Ultramid B) at its Verbund sites in Ludwigshafen, Antwerp, Belgium and Freeport, USA. Ultramid A and B are used to produce engineering plastics which go into the automotive, electric&electronics, furniture and leisure industries. In addition, Polyamide 6 and 6.6 are used to produce fibers for textile, carpet and industrial applications.


2008/5/27 BASF

BASF Plant Science and Academia Sinica (Taipei) to cooperate on gene discovery

BASF Plant Science and Academia Sinica 台湾中央研究院, the leading research institute in Taiwan, today signed a cooperation agreement. Focus is on the discovery of genes that increase yield and improve stress tolerance in major crops such as rice and corn. Financial details have not been disclosed.

After agreements with
CFGC (South Korea) and NIBS (Beijing), the agreement with Academia Sinica is the third cooperation agreement that BASF Plant Sci-ence has entered within the past eight months. BASF Plant Science highly values the quality of work carried out by research institutes in Asia-Pacific,said Logemann.


January 24, 2008 BASF

BASF Plant Science and National Institute of Biological Sciences, Beijing enter cooperation and license agreement

BASF Plant Science intensifies biotech cooperation activities in Asia Pacific
Research focuses on higher yield in major crops such as corn (maize), soybeans and rice

BASF Plant Science and the National Institute of Biological Sciences, Beijing (NIBS) 北京生命科学研究所 today announced a cooperation and licensing agreement in biotechnology. It is the first cooperation to be made by BASF Plant Science in the Peoples Republic of China and focuses on increasing yield in staple crops such as corn, soybeans and rice.

About the National Institute of Biological Sciences, Beijing
The National Institute of Biological Sciences, Beijing (NIBS, Beijing) was established to advance the frontier of basic research in the life sciences in China. Founded in 2003 as part of a strategic government initiative to further national development of science and technology, NIBS aims to become a first rate, internationally competitive research institution. Its faculty will educate future generations of life scientists and explore a new model for operating scientific institutions in China. NIBS currently has six plant biology laboratories with focus on research in the mechanisms of plant development and how plants respond to internal and environmental signals. Many of their research discoveries have direct implications to agribiotechnology and improvement of crops.


2007/10/4 BASF

BASF Plant Science and Crop Functional Genomics Center sign R&D agreement in South Korea

  • Major licensing agreement involving 40 South Korean institutes
  • Focus on yield increase in rice, corn and other major crops

BASF Plant Science and Crop Functional Genomics Center (CFGC), the leading Korean consortium for crop research, today (October 4, 2007) signed a coopera-tion and licensing agreement in Seoul, South Korea. The agreement includes the discoveries by 200 top researchers from 40 renowned research institutes over 10 years.

The deal focuses on plant traits, which can increase yield and improve stress tol-erance in major crops such as rice and corn. CFGC will contribute discovery work with genes that have shown
proof of concept(proven practical results), while BASF Plant Science will be responsible for the further analysis and development of the genes. CFGC will grant BASF Plant Science exclusive licensing rights in important staple crops like rice and corn outside of South Korea, while CFGC will maintain all licensing rights within the Republic of Korea. Financial details of the agreement have not been disclosed.

About CFGC:
The Ministry of Science and Technology of Korea has developed in 2000 the 21st Century Frontier R & D Program to boost national competitiveness in science and technology, improve the quality of life, and benefit humanity. The Crop Functional Genomics Center (CFGC), which belongs to the program, focuses on the func-tional genomic study for crop improvement. Unraveling the complex relationship between genes and phenotypes and applying this information to the development of better crops are dependent on cooperative works in genomics, transformation, and molecular breeding, and should eventually make a significant contribution to global food security.

CFGC is a virtual institution supporting research projects that are carried out in universities, research institutes and industries throughout the nation and about 250 PhD scientists are working for the program. For 10 years of the program pe-riod, the CFGC will run target-oriented basic research and their application pro-jects in the fields of plant functional genomics, crop transformation, and plant mo-lecular breeding. Science and technology have made extraordinary progresses in the last century, contributing tremendously to the improvement of human life. We are among those responsible for leading 21st century science and technology, being convinced that all our goals can be achieved through establishing a new paradigm for global collaboration. To find more about CFGC, please visit our Internet website at:
www.cfgc.snu.ac.kr

 


2008/7/8 Thomson Financial

BASF delayed styrenics sale because of low offers

BASF SE did not meet its June 30 deadline to sell parts of its styrenics operations because potential buyers were struggling to find funding and were offering too little.

Suitors are facing stricter requirements to provide own equity while interest rates have gone up, BASF chief executive Juergen Hambrecht told analysts at a conference in London.

'We are not selling it under conditions which are not justifiable,' he said, adding the process continues.

In February, the company said it is in negotiations with one party and that it plans to clinch a deal in the first half.

BASF has described the divestment as inevitable, saying standard styrenics will not have enough of an edge over rival products in the long run.


Jul 30, 2008 Reuters

BASF looking at takeover targets

German chemical group BASF is considering taking over U.S. rival
W. R. Grace & Co, the Financial Times Deutschland said on Wednesday, citing middle management and banking sources.

As well as assessing Grace, which has $3.1 billion in annual turnover, BASF will also be looking closely at the strategy, company structure and business development of U.S. group
Rockwood and Germany's Cognis COGN.UL with a view to acquisitions, the paper said.

All three potential targets have been given project names, a sign that they are being considered seriously for takeover, the report said.

2007/9/20 BASF、新しい買収?


W. R. Grace & Co

Grace is a premier specialty chemicals and materials company.

First Choice for Packaging Assurance
Grace Materials and Packaging Technologies provides sealants, coatings and closures to the food and beverage industries that are used in more than 300 billion containers each year.

Worldwide Leader in Construction Products
For more than 50 years, Grace Construction Products has offered commercial and residential construction products used in projects ranging from major infrastructure to minor home repair.

Global Specialty Chemical Supplier
Grace Davison is the second longest continually operating chemical company in the United States, offering discovery sciences, engineered materials, packaging technologies, catalysts and refining technologies.

We help biorefineries manufacture alternatives to gasoline and diesel that promote clean energy sources.

グレースケミカルズは米国コンクリート混和剤の最大手メーカーであるW.R.グレースの実績とセメント・特殊混和材メーカーの電気化学工業鰍フ開発を結び、多様化するニーズに対応しております。

April , 2001

W. R. Grace & Co. today announced that the Company has voluntarily filed for reorganization under Chapter 11 of the United States Bankruptcy Code in response to a sharply increasing number of asbestos claims. This Chapter 11 filing includes 61 of Grace's domestic entities. None of the Company's foreign subsidiaries are included in this filing.

Grace is the sixth major company to cite asbestos claims as their reasons for filing chapter 11 since January. Twenty-six companies have made such filings since 1982.

Rockwood

Rockwood Holdings, Inc. is a world-class specialty chemicals and advanced materials company committed to delivering exceptional value through continued leadership in customer service, quality, on-time delivery and innovative technology and is currently composed of 15 individual business units.

2007 net sales by end-use market
 Chemicals and Plastics 13%
 Life Science 8%
 Electronics and Telecommunications 11%
 Consumer Products 4%
 Metal Treatment ang General Industrial 16%
 Paper 3%
 Construction 14%
 Specialty Coatings 7%
 Automotive 14%
 Environmental 2%
 Others 8%

Cognis COGN.UL
ドイツ・モンハイムに本社を置き、世界30カ国に拠点を持ちます。 油脂化学をバックボーンに、160年に及ぶ経験と実績を有する、世界的な総合化学会社です。

自然由来の機能性食品、栄養補助食品素材など健康の向上を目的とする製品、低刺激な化粧品や洗剤、そして塗料・インクなどの原料、が私たちの製品群です。

Cognis is a leading specialty chemicals company with activities around the world. Utilizing its 160 years of experience in oleochemicals, Cognis markets innovative products and solutions for personal care, home care and modern nutrition, as well as high-performance products for numerous industrial markets.

Care Chemicals Nutrition & Health Functional Products PulcraChemicals Cognis Oleochemicals
Hair / Body / Oral Care
Home Care
Industrial & Institutional
 Cleaning
Skin Care
Silicates
Dietary Supplements
Pharmaceuticals & Healthcare
Food Technology
Functional Food &
 Medicamental Nutrition
Adhesives
Consumer Coatings
Emulsion
 Polimerization
Graphic Arts
Industrial Coatings
Polymer
 Building Blocks
Synlubes Technology
AgroSolutions
Mining Chemicals
Ion-Transfer Technology
Textile Technology
Fiber Technology
Leather Technology
Fatty Acids
Glycerin / Triacetin
Ozon Acids
Plastic Additives
Oilfield Chemicals

 


2008/8/18 BASF

BASF takes a further step in the divestment of its styrenic activities

BASF is continuing the divestment process of its global styrenic business and plans to reorganize the business into new subsidiaries as appropriate. The new companies are expected to be established in January 2009.

In addition, the scope of the activities to be sold will be expanded to include the
styrene copolymer business. This expansion includes styrenic copolymer production plants in Ludwigshafen and Schwarzheide, Germany as well as the styrene copolymer global marketing, sales and logistics activities.

The new subsidiaries will operate the global styrenics business independently. They will combine the commodities
styrene monomers (SM), polystyrene (PS), styrene butadiene copolymer (SBS) and acrylonitrile butadiene styrene (ABS) as well as the styrene copolymers consisting of the Luran® (SAN), Luran® HH (AMSAN), Luran® S (ASA), Terblend® N (ABS/PA), Terluran® HH (ABS-HH), Terlux® (MABS) and Styroflex® (SBS) brands. The styrenic commodities and copolymers with around 1,600 employees had total sales of about Euro 4 billion in 2007 and production sites located in Antwerp, Belgium; Ludwigshafen and Schwarzheide, Germany; Altamira, Mexico; São José dos Campos, Brazil; Dahej, India; and Ulsan, South Korea. BASF will concentrate its remaining styrenic plastics activities on its foams business for the construction and packaging industries as part of the Performance Polymers division.

commodities
 SM
 PS
 SBS スチレン-ブタジエン-スチレンブロック共重合体
 
ABS
コポリマー 
 
Luran® (SAN) スチレン/アクリロニトリル コポリマー
 
Luran® HH (AMSAN) α-Methylstyrene-acrylonitrile copolymers
 Luran® S (ASA) styrene acrylonitrile copolymers that have been impact-modified with acrylic ester rubber
 Terblend® N (ABS/PA)
 Terluran® HH (ABS-HH) (High Heatmodified ABS that meets the requirements for thermally stressed components
 
Terlux® (MABS) Methyl methacrylate-acrylonitrile- butadiene-styrene-polymer
 Styroflex® (SBS) Styrene/butadiene block copolymer


2008/9/15 BASF

BASF makes offer to acquire Ciba

* Cash offer of CHF 50.00 per share provides attractive premium
* Ciba
s Board of Directors supports offer
* BASF to expand its leading position in specialty chemicals with additional products and services
* Repositioning and restructuring of paper chemicals operations to create leading supplier with extensive portfolio
* Basel to remain an important site for parts of the combined business
* Conference call at 9:00 a.m. CEST, press conference in Zurich at 11:00 a.m.

BASF plans to acquire
Ciba Holding AG, Basel, Switzerland, a leading specialty chemical company, and will make a public takeover offer to Cibas shareholders. BASF will pay CHF 50.00 in cash for each nominal share in Ciba. BASF and Ciba have reached a transaction agreement in which the Board of Directors of Ciba supports BASFs attractive offer and recommends its acceptance to Cibas shareholders. The offer corresponds to a premium of 32 percent above the closing price for Cibas shares on September 12, 2008 and a premium of 60 percent above the volume-weighted average share price for Ciba shares in the 30 days prior to announcement of the public takeover offer. Based on all outstanding Ciba shares and including all net financial liabilities and pension obligations, the enterprise value would be CHF 6.1 billion (approximately Euro 3.8 billion).

2008/9/15 polymer-age.co.uk/

The acquisition of Ciba would benefit BASF on a number of fronts.

In plastics Ciba's additives business would augment BASF's own, particularly with the addition of UV stabilisers and antioxidants, and expand the total plastics materials package it is able to offer. Allied to this is Ciba's strong position in coating effects which would also extend BASF's existing range.
Both companies are significant players in
paper chemicals, although Ciba has had difficulty in maintaining adequate profitability, and said in August that it was "considering options" for the future of the business. Combining the two businesses would create a market leader, and enable the "extensive restructuring" that BASF sees as needed.
Ciba has a strong position in
water treatment chemicals, which would boost BASF's own operations in this area.
As well as the sectorial benefits from combining the two companies, there are
geographic and strategic advantages. BASF is a global chemicals company, but the addition of Ciba's portfolio, particularly in water purification, gives it potential to increase its presence in emerging economies. And BASF's global presence offers more potential for Ciba's niche market businesses, such as oil and mining. The two companies also complement each other in research and development, and the merger would bring to Ciba the advantages of BASF's upstream materials integration.
As part of its offer terms BASF has made assurances over the future of Ciba sites in Switzerland and says it will set up an operating division with global responsibilities in Basel.

チバ・ジャパンは16日、BASFからチバ・ホールディングAG のすべての発行済株式を一株当り50スイスフランで公開買付するとの提案を受けたと発表した。
 
チバは、プラスチック添加剤、コーティング機能材、製紙・水処理剤における卓越したイノベーション能力とアプリケーションの専門的知見を通して、スペシャライズド・ケミカル・エンジニアリングの分野で、
BASFの戦略とオペレーションを強化する。
 
同時に、
BASFのグローバルな研究、生産、マーケティング基盤とともに、重要な原材料および中間体についての共同後方統合は、チバにとって大きなメリットとなる。両社は、これまで長期にわたり、広範囲なサプライヤーと顧客の関係を維持してきた。

2008/9/15 Ciba

Public tender offer by BASF for Ciba

* Board of Directors of Ciba recommends shareholders accept offer
* Industrial logic: Integration into BASF will strengthen Cibas businesses through access to BASFs global research, production and marketing platform, raw materials and intermediates
* Commitment to strategically important production sites in Switzerland and R&D site in Basel
* Fair price for shareholders

Ciba strengthens BASFs strategy and operations in the field of specialized chemical engineering through its leading innovation capabilities and application expertise in Plastics Additives, Coating Effects and Water & Paper Treatment. At the same time, Ciba benefits from BASFs global research, production and marketing platform, as well as the associated backward integration into important raw materials and intermediates. The two companies already maintain long-standing and extensive supplier and client relationships.


2008/10/10 BASF

Bacteria-free surfaces
  BASF's new Luran® S BX 13042 kills bacteria
  
First antimicrobial BASF plastic

BASF is now offering a plastic that has the property of killing microbes. This material belongs to the specialties found in the styrene plastic product line. It goes by the name Luran® S BX 13042 and is currently the only ASA (acrylonitrile-styrene-acrylate copolymer) with an antimicrobial effect. The product will be presented at the FAKUMA 2008 in October in Friedrichshafen, Germany. Sample amounts are already available in the color white.

The antimicrobial material contains silver compounds that are incorporated into the plastic in order to impart its surface with a germicidal effect. Interesting areas of application for this material are not only hand dryers, soap dispensers or entire sanitary units in public washroom facilities, but also other products that come into contact with bacteria and other microorganisms and that need to be sterile such as, for instance, hospital beds, medical treatment chairs or computer keyboards in public offices. The combination with the classic ASA properties such as weathering resistance, high thermal-ageing stability, good chemical resistance and outstanding surface quality yields a new material with an extraordinary property profile.