BASF declares Force Majeure for a range of EO-based products

paperinsight marketBASF has declared Force Majeure due to technical problems with its ethylene oxide (EO) production.

The statement from BASF is as follows:

‘BASF’s European production sites for ethylene oxide have experienced significant technical problems leading to a Force Majeure declaration on ethylene oxide on May 19, 2015. Due to the ethylene oxide (EO) shortage BASF has subsequently to declare Force Majeure for EO-based products produced in Europe in the portfolio of Home Care and Industrial & Institutional Cleaning, Formulation Technologies, AgChem Additives and certain EO-based products in the portfolio of Personal Care.

The resulting effects of the Force Majeure for customers are currently being evaluated. BASF expects that the supply situation of the affected products will improve towards end of June. Meanwhile BASF is implementing measures to limit the consequences for its customers. BASF will continuously inform customers about the development and the details regarding the supply capability with the affected products.’

It is likely to affect some of the raw materials and products used in papermaking such as the ethoxylates used in for foam control, deposit control, cleaning etc

For the press announcement from BASF, please click here.

For examples of where ethylene oxide is used, click here.

German Chemical Giant BASF to Celebrate 150 years

The official Anniversary Event to commemorate the 150th anniversary of BASF will take place on April 23, 2015, at 11:00 a.m. in the BASF Feierabendhaus. The company expects more than 1,000 international guests from government, business, research, and society.

Scheduled speakers:

Dr. Angela Merkel, Chancellor of the Federal Republic of Germany
Malu Dreyer, Minister-President of Rhineland-Palatinate
Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE

One highlight of the event will be the premiere of the composition “Symphony No. 8: Water Dances,” which Michael Nyman composed for BASF’s anniversary. The English composer was inspired by sounds, which BASF employees worldwide collected and submitted in 2014. The symphonic work will be performed for the first time by the Royal Philharmonic Orchestra, London, conducted by Josep Vicent starting at around 12:30 p.m. on April 23. The event will be moderated by Barbara Hahlweg (German TV station ZDF).

For details and the announcement of the event, please click here

For more details of the history of BASF, please click here

BASF sells textile chemicals business to Archroma (SK Capital Partners)

Ludwigshafen, Germany – October 16, 2014 – BASF and Archroma have agreed on the sale of BASF’s global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries. Archroma is a portfolio company of SK Capital Partners, a private investment firm with focus on the specialty materials, chemicals and healthcare sectors. It is planned to integrate the business into the Archroma Textile Chemicals Specialties business. Currently, the textile chemicals business is part of BASF’s Performance Chemicals division. The transaction is subject to approval by the relevant antitrust authorities and the closing is expected to take place in the first quarter of 2015. The parties have agreed not to disclose financial details.

The transaction comprises the global textile chemicals business, as well as the legal entity BASF Pakistan (Private) Ltd., Karachi. About 290 positions globally are in the scope of the transaction, thereof approximately 230 in Asia. This step is in line with BASF’s strategy of actively managing its portfolio and it will further sharpen the focus of the Performance Products segment on growth driven customer industries.

For more details, click here

BASF closes its Paper Chemicals Division and moves key activities into other divisions

Ludwigshafen, Germany – September 24, 2014 – BASF is changing the organizational set-up of its paper chemicals business to strengthen its competitiveness and better meet the needs of the paper industry. BASF is a leading global supplier to the paper industry and offers a comprehensive range of chemical products for paper manufacturing and coating.

As of January 1, 2015, the Paper Chemicals division will be dissolved. The current headquarters of the Paper Chemicals division in Basel, Switzerland will be closed by the end of 2014. Overall, there will be a reduction of about 50 positions globally as a result of the implementation of the new set-up. The business will be continued in other divisions of the Performance Products segment as follows:

The wet-end chemicals and kaolin businesses will be integrated into the Performance Chemicals division, supplementing the polyacrylamide value chain. A new global business unit “Paper Chemicals” will be established within the Performance Chemicals division. BASF is evaluating strategic options for its paper hydrous kaolin business.
The paper dispersions business and the Center for Sustainable Paper Packaging (CSPP) will be integrated into the division Dispersions & Pigments, supplementing the latex dispersions value chain.

For the detailed announcement, please click here.