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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...
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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.
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...
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...
