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BASF and DiDi enter partnership to reshape the carsharing industryMay 19, 2020

BASF and DiDi enter partnership to reshape the carsharing industry

BASF and DiDi, the world’s leading mobile transportation platform, signed a strategic cooperation agreement in Hangzhou, Zhejiang Province, China, where Xiaoju Autocare (Xiaoju Yangche), a subsidiary of DiDi, is headquartered.
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Procter & Gamble and Cargill collaborate to bring nature-powered innovationMay 18, 2020

Procter & Gamble and Cargill collaborate to bring nature-powered innovation

An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops. P&G has granted Cargill an exclusive license...
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BASF Group shows resilience amid corona crisisMay 2, 2020

BASF Group shows resilience amid corona crisis

BASF Group’s sales in the first quarter of 2020 increased by 7 percent compared with the prior-year quarter to €16.8 billion. This was mainly driven by a 4 percent increase in volumes. Income from operations (EBIT) before special items was €1.6...
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Lone Star Funds to acquire BASF’s Construction Chemicals businessDecember 30, 2019

Lone Star Funds to acquire BASF’s Construction Chemicals business

BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and debt-free basis is €3.17 billion. The transaction is...
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