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BASF receives funding approval for the construction of the world’s largest industrial heat pump for CO2-free steam generation

Heat pump will use waste heat from steam cracker for CO2-free steam production Greenhouse gas emissions from formic acid production at the Ludwigshafen...

Issued by BASF15 Oct 2024
UAE state energy giant ADNOC will buy German chemicals firm Covestro for 12 billion euros ($13.3 billion) (AFP)
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UAE oil giant ADNOC swoops on German chemicals firm Covestro

Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.

By Jean-Philippe Lacour With Sebastien Ash In Berlin1 Oct 2024Agence France-Presse
News ReleaseChemicals

BASF and ENGIE signed a long term Biomethane Purchase Agreement in Europe

BASF and ENGIE signed a 7-year Biomethane Purchase Agreement (BPA) Biomethane is used as a substitute for fossil raw materials in chemical production...

Issued by BASF4 Jul 2024
News ReleaseChemicalsElectricityIndustry

Joint News Release: BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps in Ludwigshafen

Waste heat from cooling water system as a low-carbon energy source for steam production Expected reduction in CO2 emissions of up to 390,000 metric...

Issued by BASF1 Jul 2022

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

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Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

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