Core Insights - BASF SE has completed the ISCC PLUS certification at its Lemforde facility, enhancing its sustainable product offerings and supporting clients' sustainability goals [1] - The mass-balancing approach allows BASF to replace fossil resources with renewable materials, reducing the CO2 footprint for customers without altering product quality [2][3] - The ISCC PLUS certification ensures that fossil raw materials are replaced with renewable ones throughout the value chain, enabling BASF to issue mass balance certificates for certain products [4] Company Performance - BASF's shares have decreased by 3% over the past year, contrasting with a 5.7% increase in its industry [6] - Currently, BASF holds a Zacks Rank of 5 (Strong Sell), indicating a weaker performance compared to peers [7] - In comparison, Carpenter Technology Corporation and DuPont de Nemours, Inc. have shown strong performance with significant share price increases over the past year [8][9]

ISELIN, N.J., Nov. 22, 2024 (GLOBE NEWSWIRE) -- A team of BASF Environmental Catalyst and Metal Solutions (ECMS) and Heesung Catalysts Corporation (HCC) scientists was recently awarded a 2024 Edison Patent Award by the Research & Development Council of New Jersey for an innovative Three-Way Conversion Nitrogen Oxide (NOx) Trap technology for fuel-cut NOx control in gasoline vehicles. The technology treats NOx well under modern engine operating conditions and provides lower tailpipe emissions in comparison w ...

Lab will build on competencies in precious metal catalysis, formulation and coating, and drive innovations for future anode and cathode PGM-containing components for the production and use of green hydrogenStrategic investment supports strategy to partner with component producers in the green hydrogen market HANNOVER, Germany, Nov. 06, 2024 (GLOBE NEWSWIRE) -- BASF Environmental Catalyst and Metal Solutions (ECMS) today opened a new laboratory in Hannover, Germany, dedicated to advancing research on anode ...

1 October 30, 2024 | BASF Analyst Conference Call Q3 2024 Analyst Conference Call Q3 2024 October 30, 2024 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve ...

Company Expansion - BASF SE is expanding Neopor production capacity by 50,000 metric tons per year at its Ludwigshafen facility to meet the increasing demand for grey insulation material [1] - The new production facilities are expected to commence operations in early 2027 [1] - Neopor, developed by BASF, is an expandable polystyrene granulate that enhances insulation effectiveness by up to 30% compared to traditional white EPS [1] Market Demand and Sustainability - BASF anticipates a significant rise in demand for materials used in energy-efficient building renovations, driven by the European Union's goal of achieving carbon neutrality in the building sector by 2050 [2] - The European Energy Performance of Buildings Directive (EPBD) sets high standards for improving building energy efficiency, which all EU member states must adopt [2] - BASF offers products like Neopor BMB and Neopor Mcycled that optimize sustainability profiles while maintaining high product quality and insulating performance [2] Stock Performance - BASF shares have increased by 15.1% over the past year, outperforming the industry average rise of 9.4% [4] - BASF currently holds a Zacks Rank 4 (Sell), indicating a less favorable outlook compared to other stocks in the basic materials sector [5] - Competitors such as Carpenter Technology Corporation and IAMGOLD Corporation have shown stronger performance, with significant increases in their stock prices over the past year [5][6]

ROUTING inspired by communication technology Redefined palettes with new nuances to reds, blacks, metallics, and more Sustainability and functionality at the core SOUTHFIELD, Mich. , Oct. 17, 2024 /PRNewswire/ -- Every year, designers from BASF's Coatings division create a new collection of colors to inspire automotive designers around the globe. "ROUTING", the title of the 2024-2025 Automotive Color Trends, refers to the concept of "routing" in communication technology which signifies how information is tr ...

Group 1: Product Development - BASF SE's Personal Care business is expanding its range of natural-based emulsifiers with the introduction of Emulgade Verde 10 OL and Emulgade Verde 10 MS, targeting trends in the personal care market [1] - Emulgade Verde 10 OL is designed for cold production processes, offering cost, time, and energy savings, and can be used as a single-use emulsifier for sprayable products [1] - Emulgade Verde 10 MS is a versatile and strong emulsifier, suitable for various applications [1] Group 2: Environmental and Safety Standards - Both emulsifiers are made from 100% renewable feedstock and are easily biodegradable, receiving COSMOS and NATRUE approval [2] - They are classified as derived natural ingredients with a Natural Origin Index (NOI) of 1, making them suitable for vegan and cruelty-free formulations [2] - Both emulsifiers adhere to the "Principles of Green Chemistry" and are compatible with a range of cosmetic components [2] Group 3: Dermatological Testing and Skin Compatibility - Emulgade Verde 10 OL and Emulgade Verde 10 MS have undergone dermatological testing, proving suitable for sensitive and delicate skin [3] - Tests indicate that these emulsifiers support microbiome-friendly properties by maintaining the natural balance of microbial communities on healthy skin [3] - Both emulsifiers were shown to be non-comedogenic after a four-week facial skin test [3] Group 4: Market Performance - BASF's shares have increased by 12.9% over the past year, outperforming the industry average rise of 5.5% [5] - BASF currently holds a Zacks Rank 3 (Hold), indicating a stable position in the market [6]

Analyst's Disclosure: I/we have a beneficial long position in the shares of BASFY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advi ...

BASF SE (BASFY) recently unveiled new product lines at Automechanika 2024, the leading global trade show for the automobile aftermarket. Its new clearcoats feature ChemCycling technology, promoting sustainability in the refinish industry. The product lines, which are made from recycled feedstock and marketed under BASF's premium brands Glasurit and R-M, will increase body shop efficiency and productivity. The products not only help to promote the circular economy but also reduce CO2 emissions. Using BASF's ...

BASF SE's (BASFY) Performance Materials unit recently outlined its plans to achieve carbon neutrality by 2050 and highlighted critical milestones on the path to a circular economy. With this, the division, which brings together all of BASF's materials know-how for innovative and tailored plastics, positions itself at the forefront of the much-needed plastics sustainability transition. BASF's Strategic Roadmap BASF has established specific targets to reduce carbon emissions by 25% by 2030 compared with 2018 ...