Profitable growth with realigned plastics business
BASF aims to continue growing faster than the market with its downstream plastics, as well as large-volume monomers and commodity polymers. By bundling all specialty polymers in the newly created performance materials division, the company has further strengthened its focus on the needs of its customers.
Wind energy is one area of focus in entering new growth markets. Another area of expansion is the biopolymers business. In cooperation with TÜV SÜD, BASF has developed a process for flexible use of renewable raw materials in its Production Verbund with a methodology for allocating renewable feedstock to selected certified sales products.
“The bundling of product groups with the same business model – downstream specialty plastics on the one hand and large volume basic products on the other – will help BASF to better focus on meeting customers’ needs and operational excellence,” said Dr. Martin Brudermüller, Vice Chairman of the Board of Executive Directors of BASF.
Other news from the department business & finance
These products might interest you
Spinsolve Benchtop NMR by Magritek
Spinsolve Benchtop NMR
Spinsolve is a revolutionary multinuclear NMR spectrometer that provides the best performance
Eclipse by Wyatt Technology
FFF-MALS system for separation and characterization of macromolecules and nanoparticles
The latest and most innovative FFF system designed for highest usability, robustness and data quality
HYPERION II by Bruker
FT-IR and IR laser imaging (QCL) microscope for research and development
Analyze macroscopic samples with microscopic resolution (5 µm) in seconds
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
