STEP wants to thank BASF for the confidence they have shown in STEP’s reliability and service quality as well as in the company’s capability to carry out this investment. This is the largest investment in STEP’s history. The project is very important for STEP, and it will support the company’s growth. The construction will be started in BASF is building a factory to make cathode materials for batteries in Harjavalta, Finland, close to a nickel and cobalt refinery of raw materials partner Norilsk Nickel. This is part of a larger Investments of around € 4.2 billion planned for 2016 The bulk of our spending in 2015 was on major facilities that started operations during the reporting period, such as parts of the TDI production complex in Ludwigshafen, Germany; production plants for acrylic acid and superabsorbents in Camaçari, Brazil; and an MDI plant in Chongqing, China. BASF SE is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active materials (CAM) with an initial capacity enabling the supply of around 400,000 full electric vehicles per year with BASF battery materials.
DGAP Voting Rights Announcement: BASF SE BASF SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 06.07.2020 / 12:41 Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
“With the investment in Harjavalta, BASF will be present in all major regions with local production and increased customer proximity, further supporting the rapidly growing electric vehicle By pairing with Norilsk, BASF have shown that security of supply is a top concern as they seek to expand their cathode market share. The reason downstream BASF puts Norilsk top of nickel’s class Caspar Rawles looks at BASF’s plan to target cathode supply security with Norilsk talks and how Glencore and Cobalt 27 are shaking up the cobalt space For 2017, we are planning total capital expenditures of around €3.9 billion for the BASF Group. We have planned capital expenditures totaling €19.0 billion for the period from 2017 to 2021 and will invest more than a quarter of this amount in emerging markets. The average investment volume in the years ahead will therefore remain at the 24/10/2019 · BASF is building a factory to make cathode materials for batteries in Harjavalta, investment plan to serve the European market for batteries that go into electric and hybrid vehicles. BASF has BASF and Nornickel have established a strategic partnership centered around battery materials for electric vehicles, including a feedstock supply deal and co-located facilities, the companies said. Published on October 22, 2018 18:56 PM The European chemical company has selected Harjavalta, Finland, as the first location for battery materials production that will serve the European automotive
4 May 2020 BASF, Ludwigshafen, Germany, has signed a cooperation Russia, to develop a battery recycling cluster in Harjavalta which will SAIC Motor, plan to invest 4.13 billion yuan ($590 million) to revamp their car plants in S»
The investment volume in the coming years will thus exceed that of the planning period 2019 to 2023. Of the planned capital expenditures, €8.2 billion relate to our major investment projects in Zhanjiang, China, and Mundra, India, to expand our businesses in Asia and in battery materials. Projects currently being planned or underway include: BASF aikoo nostaa kapasiteettia vaiheittain, aloittaen aikaisintaan, kun tuotannon ympäristölupa on saatu (arviolta 2020 alussa) ja lisäten kapasiteettia 30 000 tonniin vuodessa lyhyen ajan kuluessa. Pitkällä aikavälillä BASF on suunnitellut täysimittaisen PCAM-tehtaan kapasiteetin olevan 80 000 tonnia vuodessa. Siten tuotantopaikan tulee mahdollistaa tällainen laajentuminen. BASF’s battery materials plants in Europe advance as planned. BASF remains on schedule for start-up of plants in 2022; Construction started on precursor plant in Harjavalta, Finland
This investment is part of BASF’s €400 million multi-step investment plan announced last year and builds upon initial battery materials production started in Harjavalta in 2018. Start-up is
22 Oct 2018 “With the investment in Harjavalta, BASF will be present in all major regions with local production and increased customer proximity further 22 Oct 2018 “With the investment in Harjavalta, BASF will be present in all major regions with local production and increased customer proximity, further Investments. BASF is to raise its production capacity for ethylene oxide and derivatives in the North of the port area. The investment which includes among Get today's BASF SE NA O.N. stock price and latest BASFn news as well as BASF real-time stock quotes, By Zacks Investment Research - Dec 29, 2019. They invest worldwide in promising young enterprises relevant to BASF's current and future business fields and also in funds. Besides innovations in the fields of A tech company not investing in its people is like BASF not maintaining its core chemical plants. Every company needs to invest in and maintain its core assets.
8 Mar 2020 is part of a multi-stage investment plan of BASF to create a European value creation chain. It also includes a plant in Harjavalta in Finland,
BASF SE est un groupe chimique allemand et le plus grand groupe chimique au monde [3]. Frédéric Engelhorn a fondé BASF dont l'abréviation signifiait à l'origine Badische Anilin- & Soda-Fabrik (« Fabrique d'aniline et de soude de Bade »). BASF intends to use recycled materials from the processes developed by the companies within this cooperation in its planned battery materials precursor plant in Harjavalta, Finland. “The combination of battery materials production and recycling enables the circular economy by closing the loop,” says Tim Ingle, Vice President, Precious Metals Refining, Chemicals & Battery Recycling, at BASF. 28/02/2020 · Ludwigshafen, GERMANY (ICIS)--BASF’s investment programme for the next half-decade in Asia will outpace expenditure on its European home market as the Germany-headquartered chemicals major seeks to increase its focus on higher-growth markets, its CEO said on Friday.