BASF expands tetrahydrofuran offer for pharma-customers in Europe
Integrated logistics scheme
BASF is to expand its offer for the chemical intermediate tetrahydrofuran (THF), initially for its customers in Europe. The package offering, to be marketed under the heading "THF solutions," will include the elements "THF Pharma," "THF Pharma super dry" and "THF life-cycle solution." In addition to the THF pharma grade already available, the package will thus comprise a modified THF with a reduced water content ("THF Pharma super dry") as well as an initiative aimed at taking back used THF ("THF life-cycle solution"). According to the company, BASF is now able to meet the demanding requirements for THF quality, in particular made by customers in the pharmaceutical industry.
Moreover, the company offers a full-circle supply concept that allows for the return of THF after use. Under this heading, BASF offers to take back the customer's THF after use when it delivers fresh THF. In this way, BASF reduces complexity in its customers' operations and creates value for both partners. By offering the option to use a "vendor-managed inventory system" (VMI system), BASF allows customers to simplify their logistics even further. The VMI system will enable BASF to monitor the customer's tank levels and retrieve used product without interruption.
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