BASF agrees to sell mining solutions business to French specialty chemical company SNF. By Dominic Chopping BASF said Thursday it agreed to sell its mining solutions business to French specialty chemical company SNF following a strategic review. The deal comes after the German chemical company earlier this year launched a new corporate plan to focus on core businesses while streamlining its organization and allocating capital toward high-growth markets. The mining business being divested includes a portfolio of mining chemicals and technologies used in the extraction of resources, as well as a production site in Cork, Ireland. "BASF continuously evaluates its portfolio to sharpen strategic focus," said BASF executive board member Anup Kothari. "We are confident that SNF is the right owner to further develop the mining solutions portfolio." The deal is expected to close in 2027, subject to regulatory approval. Financial terms weren't disclosed. Write to Dominic Chopping at [email protected] Read the full article

BASF: inaugurates new $1 billion MDI production facility at its Geismar Verbund site. Published on 11/11/2026 at 02:00 pm EST * BASF's largest single investment made to date in the U.S. * BASF becomes largest MDI producer in North America * Customers benefit from reliable and local integrated supply BASF today celebrated the inauguration of its new methylene diphenyl diisocyanate (MDI) production facility at the company's Verbund site in Geismar, Louisiana. The ceremony marks the on-time completion of BASF's largest wholly owned investment project to date in North America with a total volume of approximately $1 billion. The expansion almost doubles the annual MDI production capacity at the Geismar site to approximately 600,000 metric tons. "The United States has long been a key market for BASF, and this $1 billion investment is a strong commitment to our customers and to our future here. With our new world-scale MDI facility in Geismar, we are strengthening our core businesses, driving innovation and bringing more production closer to our customers," said Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE. "I am particularly proud that our team has delivered this complex project on time and want to thank everyone who made it possible." MDI is a key raw material used in the production of polyurethanes, a high-performance plastic contributing to energy efficiency, durability and performance in a wide range of applications. The additional production capacity in Geismar will support the long-term growth of BASF's customers in applications including construction, appliances, transportation, automotive, footwear, furniture and other polyurethane-based industries. "This significant investment reflects our confidence in the continued growth of the polyurethane market and ensures that our customers benefit from a highly reliable, competitive and locally integrated supply source for years to come. With this expansion BASF is taking the lead in MDI production in North America," said Ramkumar Dhruva, President of BASF`s Monomer Division. The project was executed in three phases beginning in 2018. A new MDI synthesis unit was commissioned in 2020, followed by expansions of several upstream units in 2021. The final phase included new upstream units and a splitter, incorporating state-of-the-art technology, advanced digitalization and the highest safety standards. The additional capabilities increase production flexibility and strengthen BASF's reliable and competitive supply of MDI in North America. As part of the expansion, BASF also increased its aniline production capacity in Geismar, strengthening the site's integrated value chain and creating additional availability to serve North American customers in the agricultural chemicals, rubber and dyes and pigments industries. The Geismar site in Louisiana is BASF's largest Verbund site in the United States, benefiting from integrated infrastructure, reliable raw material supply and operational synergies. BASF has a strong local footprint in the United States with more than 150 locations across 40 states. In 2025, approximately 90% of the €13.1 billion sales came from products manufactured in the country. You can find more information and the latest photos on this website: About BASF At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers' green transformation. We combine economic success with environmental protection and social responsibility. Around 95,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of around €60 billion in 2025. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com. Attachments * Original document * Permalink Disclaimer BASF SE published this content on November 11, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 11, 2026 at 18:59 UTC. (C) Publicnow - 2026

Hyundai-Kia, Alten Korea and BASF develop concept car seat. By Matt Ross November 10, 2026 3 Mins Read A new conceptual seating solution, developed by Hyundai-Kia, Alten Korea and BASF, combines circular material approaches, design-for-disassembly principles, and end-of-life considerations. The project, designed for the Kia EV3 Study Car 2.0, involved teams from vehicle development, engineering, product design and advanced materials. BASF material solutions, including engineering plastics, polyurethanes and thermoplastic polyurethane, have been considered in the seat architecture to support easier dismantling and material separation at the vehicle's end of life. "Study Car 2.0 gives us a practical environment in which to examine end-of-life considerations during vehicle and component development, rather than after the design has been completed," said Jongkook Lee, vice president, Hyundai Motor Group. "This seat project helps us assess how material selection, assembly methods and future dismantling requirements interact within a complex interior system." Alten Korea developed the seat design with Hyundai-Kia and BASF, translating the partners' material and disassembly objectives into an integrated seat architecture. The design explores how component construction and assembly can facilitate future dismantling and the sorting of materials. "A seat is a tightly integrated system, so changing how its components are separated also affects its structure, assembly and appearance," said Gwanghyun Kim, executive director, Alten Korea. "We therefore approached the seat as a complete system, balancing structural, assembly and separation requirements within one integrated design." The concept seat incorporates BASF materials across its cushioning, upholstery and structural components. Elastollan thermoplastic polyurethane used for the headrest application is derived partly from bio-based feedstock, using Whistling supercritical foaming technology patented by Comtech Chemical, Korea. Elastoflex W flexible polyurethane foam containing recycled content from post-consumer feedstock is specified for the seat cushion and backrest. Haptex polyurethane synthetic leather with bio-circular feedstock is used for the upholstery, while Ultramid CR RC4 polyamide (containing recycled content derived from post-consumer waste), is applied on the seat back cover component. The metal seat back frame can also be replaced with Ultramid, for an integrated structure incorporating the back cover. "Automotive seats require different material classes to work together within a single system," said Andy Postlethwaite, senior vice president, BASF Performance Materials Asia Pacific. "This co-creation allows us to examine the interfaces among PA, PU and TPU materials, including how material decisions relate to component construction and separation at the vehicle's end of life." Study Car 2.0 continues a series of concept vehicle collaborations between Hyundai Motor Group and BASF. Earlier projects included the Hyundai i-flow concept car in 2010, the Hyundai RN30 concept car in 2016 and the Kia EV3 Study Car in 2024. Based on the Kia EV3 platform, Study Car 2.0 advances the collaboration by applying end-of-life design considerations across a broader range of vehicle materials and within the seat architecture.