Key Takeaways BASF sells its Aseptrol technology portfolio to Oxidium Technologies to streamline focus on core segments.BASFY aligns divestment with its "Winning Ways" strategy, targeting growth in core areas.Oxidium plans to expand Aseptrol's reach using existing networks, with no disruption to supply or services.BASF SE (BASFY) recently entered into an agreement with Oxidium Technologies LLC to sell its Aseptrol technology portfolio, marking a strategic step in sharpening its focus by supporting growth in ...

格隆汇3月24日｜据发改委消息，3月23日上午，国家发展改革委副主任沈竹林在委内会见德国巴斯夫集 团执行董事会主席凯礼，双方就中国"十五五"规划《纲要》、化工产业绿色低碳发展、巴斯夫在华发展 等议题进行了交流。沈竹林表示，"十五五"规划《纲要》明确了绿色发展、数智化、建设强大国内市 场、扩大高水平对外开放等重点发展方向，为包括巴斯夫在内的外资企业在华发展提供了新的发展机 遇。中方欢迎巴斯夫扩大在华投资，加强科技创新和新技术应用，提高产品附加值，拓展更大发展空 间。 ...

Key Takeaways BASF opens first industrial-scale plant for 3D-printed catalysts at Ludwigshafen. X3D tech enables complex designs, improving mass transfer, throughput and efficiency. New facility speeds custom catalyst scaling and supports lower energy use and emissions. BASF SE (BASFY) has commenced operations at the world’s first industrial-scale production plant for 3D-printed catalysts at its Ludwigshafen site in Germany, marking a major step forward in catalyst manufacturing and the integration of addit ...

格隆汇3月23日｜有投资者在互动平台向中触媒提问：公司与巴夫斯是什么业务合作关系？近期巴夫斯 上调部分产品价格，对公司产品需求有无积极影响？ 中触媒回复称，公司与巴斯夫为长期战略合作关系，中触媒是巴斯夫移动源脱硝分子筛等催化剂产品的 供应商，双方合作稳定，目前公司尚不掌握巴斯夫下游产品的价格变动情况，相关事项请以巴斯夫官方 信息为准。 ...

3月22日，商务部部长王文涛会见巴斯夫集团执行董事会主席凯礼。双方就中欧经贸关系、巴斯夫集团 在华经营发展等议题进行交流。 王文涛指出，中方高度重视对德、对欧经贸合作。当前，单边主义、保护主义冲击国际经贸秩序。中欧 应加强对话交流，坚定维护自由贸易和以世贸组织为核心的多边贸易体制，为中欧经贸关系发展增强确 定性。 王文涛表示，巴斯夫集团在华投资发展40年来，与中国市场相互成就、共同成长，实现互利共赢。"十 五五"时期，中国将坚定不移扩大高水平对外开放，以科技创新和新质生产力引领推动高质量发展，创 造更大的增量市场。欢迎巴斯夫等外资企业继续投资中国，发挥好桥梁纽带作用，助力中德、中欧拓展 新兴产业市场空间、合力做大经贸合作蛋糕。 凯礼表示，巴斯夫坚定看好中国经济发展前景，将更好把握中国可持续和绿色发展机遇，继续扩大在华 投资，推动德中、欧中经贸关系稳定发展。 ...

每经AI快讯，据国家电投集团消息，3月20日，国家电投集团总经理徐树彪在总部与德国巴斯夫集团全 球采购部总裁马蒂亚斯·多恩（Matthias Dohrn）会谈，就进一步深化能源领域合作进行交流。未来，双 方将进一步深化在绿色电力交易、绿色氢基能源、生物质燃料等多领域的务实合作。 ...

点击小程序查看报告原文 Abstract 摘要 通过"跨国公司成长启示录"，我们希望总结跨国龙头的成功经验，为中国企业的全球化发展提供参考。第一篇主要探讨跨国公司的发展历程及其在全球经 济中的重要性， 本篇报告重点 关注 美国、欧洲、日本三个区域跨国公司的发展情况， 将从企业为何出海、数说跨国公司、典型行业（选取美国科技、欧 洲医药、日本汽车）分别展开。 基于对美欧日跨国公司的比较，我们发现虽然三大经济体企业出海的时代背景各异，但是 底层逻辑上呈现高度一致性，即突破增长天花板、规避贸易壁 垒、全球范围成本套利。 与此同时，不同经济体依托各自资源禀赋、产业根基、制度框架，全球化历程走出不同的发展路径。我们总结如下： 美国：聚焦高附加值，技术引领全球。 1）从出海必要性而言，美国反垄断监管限制大企业的国内发展空间，是企业海外扩张的重要原因。另外，追求生 产要素最优配置是跨国公司构筑全球竞争力的基础逻辑，近年来提高供应链安全成为海外投资布局的重要考量。2）美国凭借全球领先的研发创新体系、 完善的知识产权保护制度、成熟的科技成果转化机制，在高附加值领域构筑技术护城河，科技行业最为典型。我们认为 ①建立领先优势并掌控全 ...

【DT新材料】 获悉，昨日， 德国化工巨头 巴斯夫（BASF） 宣布，自3月18日起， 将对旗下多个品类产品在欧洲市场即时启动提价，涨幅最高可 达30% ，部分产品涨幅 甚至超过这一水平 。此次涨价涵盖家庭护理、工业及机构清洁，以及工业配方剂等多个业务板块。 巴斯夫表示，提价将即时生效，或依据现有合同条款在允许范围内执行。该公司将此举定性为 应对关键原材料价格剧烈波动及供应紧张、国内外物 流成本上升、以及包装与能源成本大幅攀升的必要措施 。 此次提价决定对化工行业下游客户构成直接成本压力，并可能进一步向终端消费品领域传导。 巴斯夫此番提价背后有广泛的行业背景。就在上周，德国化工行业协会已就中东战事对供应链的潜在冲击发出预警， 指出 油气价格的即时上涨正在 向其他原材料蔓延 。协会负责人警告， 战争持续时间越长，所造成的后果就越为严峻 。这一表态凸显出行业对当前地缘政治风险的高度警惕。 巴斯夫在声明中点明了此次涨价的三重驱动因素：原材料价格的"显著波动"及供应可得性下降、国内与跨洲物流成本攀升，以及包装与能源成本的急 剧上涨。 多重成本同步走高，令化工企业通过内部消化来维持利润率的空间大幅收窄。 此次提价范围覆 ...

Group 1 - Wanhua Chemical (600309) is a global leader in the polyurethane industry, with core businesses covering MDI, TDI, and polyether polyols, while also extending into petrochemicals, new materials, and fine chemicals. The company has established a comprehensive industrial chain from raw materials to end products, maintaining a leading market share in MDI due to its scale and technological barriers. It is expanding into high-performance materials and new energy materials, aligning with the trends in new energy and high-end manufacturing, which opens up long-term growth opportunities [1][25] - Juhua Co., Ltd. (600160) is a leading enterprise in the domestic fluorochemical sector, with core businesses including fluorochemicals, chlor-alkali chemicals, and petrochemical materials. The company has a significant capacity in fluorinated refrigerants and is expanding into electronic chemicals and photovoltaic fluorinated materials, gradually breaking through overseas technological monopolies. Its comprehensive layout in the fluorochemical industry chain and strong compliance and cost advantages position it well for growth [2][26] - Satellite Chemical (002648) is a leader in the domestic acrylic acid and ester industry, focusing on acrylic acid, high polymer emulsions, and functional polymer materials. The company is accelerating its layout in photovoltaic-grade EVA and POE new energy materials, leveraging its propane dehydrogenation process to build an integrated industrial chain. Its strong cost control and alignment with the growth of the photovoltaic and lithium battery industries provide sustainable development momentum [3][27] Group 2 - Hoshine Silicon Industry (603260) is a global leader in industrial silicon and organic silicon, with core businesses covering industrial silicon, organic silicon, and graphite electrodes. The company has a leading production capacity in industrial silicon and a comprehensive product range in organic silicon, benefiting from energy-rich production bases. Its complete industrial chain layout and focus on high-purity silicon for photovoltaics align with trends in new energy and high-end manufacturing, offering significant long-term growth potential [4][28] - Adisseo (600299) is a global leader in animal nutrition additives, with core products including methionine and vitamins widely used in livestock farming. The company has established a stable supply system and significant technological and cost advantages, while also expanding into biotechnology and functional food sectors. Its stable performance and low sensitivity to macroeconomic fluctuations enhance its competitive position in the global feed additive industry [5][29] - Zhejiang Longsheng (600352) is a global leader in the dye industry, with core businesses covering dyes, intermediates, and water-reducing agents. The company has a leading market share in disperse and reactive dyes, supported by an integrated industrial chain and strong cost control. Its diversified business structure enhances risk resilience, while its expansion into hydrogen energy and environmental protection projects strengthens its competitive position in the global dye and fine chemical industry [6][30] Group 3 - Haohua Technology (600378) is a domestic leader in high-end fluorinated materials and electronic chemicals, with core businesses including fluororesins, fluororubbers, and electronic-grade chemicals. The company benefits from deep technological reserves and has achieved some degree of import substitution. Its focus on high-end chemical materials aligns with national strategic emerging industries, providing long-term growth support [7][31] - Sanmei Co., Ltd. (603379) is a key player in the domestic fluorochemical sector, focusing on refrigerants, foaming agents, and fluorinated salts. The company has established an integrated fluorochemical industrial chain and is expanding into environmentally friendly refrigerants. Its stable cash flow and strong downstream demand support its competitive position in the domestic fluorochemical market [8][32] - Meihua Biological (600873) is a global leader in the amino acid industry, with core products including monosodium glutamate and amino acids widely used in food, feed, and pharmaceuticals. The company has a leading market share in MSG and lysine, supported by its advanced fermentation technology and cost advantages. Its expansion into pharmaceutical-grade amino acids and biodegradable materials enhances its competitive position in the global amino acid and fermentation industry [9][33]

消息面上，全球最大的化工（核心股）巨头巴斯夫宣布，自3月18日起，将欧洲地区所有家用护理、工业及机构清 洁和工业配方产品的价格上调30%或以上。此举主要是为了应对关键原材料价格和供应的显著波动、不断上涨的 国内和跨洲物流成本，以及飙升的包装和能源成本。巴斯夫还宣布，自即日起，或在现有合同允许的情况下，将 上调其在欧洲的甲酸销售价格，每吨上调250欧元；并将上调新戊二醇价格，每吨上调350欧元。 责任编辑：栎树 | 代码 | 名称 | . | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | | --- | --- | --- | --- | --- | --- | --- | | 002109 | 兴化股份 | 1 | 10.00 | 67.39亿 | 48.73 | 5.28 | | 600538 | 国发股份 | | 3.10 | 33.13亿 | 3.27 | 6.32 | | 600803 | 新奥股份 | | 2.95 | 702亿 | 9.20 | 22.67 | | 600256 | 广汇能源 * | | 2.95 | 447亿 | 42.07 | 6.99 | | 002221 | 东华能源 ...