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 company’s 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.”
BASF’s shareholders will be provided
with more detailed information on transformation of the company’s legal form in the invitation to
the Annual Meeting, which will be sent out as of March 16, 2007.
Europe is BASF’s 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2004年10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。
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 BASF’s existing facilities for
polyacrylate polymers and leather chemicals in Pudong. 浦東
The polyacrylate
polymers marketed under the trademark Sokalan(R) are 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
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。
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.
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
BASF’s 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 BASF’s 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 BASF’s 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.
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
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'.
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 BASF’s Styrenics division, said that
BASF’s 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
BASF’s 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+30,000→110,000
Nanjing 30,000+ 9,000→ 39,000
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 company’s continued leadership in the
region.
In response, BASF Catalysts will nearly double
manufacturing capacity in Shanghai, and triple capacity in
Chennai.
Both sites’ technical 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.
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.
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 BASF’s 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.
“Germany
and China - Moving Ahead Together” in 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 Kids’ Lab |
| ・ | 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
Together” initiative, 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. BASF’s 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 BASF’s Keropur(R) fuel additive, and an
expert symposium on city life and construction.
| BASF
Pavilion: Construction and living, mobility and Kids’
Lab 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 Kids’ Lab 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. |
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.
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 company’s two major German sites --Ludwigshafen and Schwarzheide.
JV with GE Plastics thrives at BASF’s 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 BASF’s 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 BASF’s fifth acquisition in the sector of engineering plastics within the last five years. In 2003, Honeywell’s worldwide engineering plastics business and Ticona’s 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 to be renamed BASF Leuna
- New brand concept for BASF's polyamide plastic
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
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.
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)
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 retardants、Antioxidants、Curatives、Stabilizers
Catalysts 35%:FCC、HPC、Polyolefin、Specialty catalysts
Fine chemicals 26%:Fine chemistry services、Pharmaceuticals、Bromine chemicals、Other industrial specialties
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 BASF’s 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.
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 People’s 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.
BASF Plant Science and Crop Functional Genomics Center sign R&D agreement in South Korea
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. |
| 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 |
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 2, 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
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 Heat:modified 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 Ciba’s 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 BASF’s attractive offer and recommends
its acceptance to Ciba’s shareholders. The offer
corresponds to a premium of 32 percent above the closing price
for Ciba’s 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。Public tender offer by BASF for Ciba
* Board of Directors of Ciba recommends shareholders accept offer * Industrial logic: Integration into BASF will strengthen Ciba’s businesses through access to BASF’s 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 BASF’s 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 BASF’s 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.
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.