BASF SE (BASFY) has launched Fourtiva, a new Fluid Catalytic Cracking (FCC) catalyst for gasoil to mild resid feedstock. Fourtiva uses BASF's newest Advanced Innovative Matrix (AIM) and Multiple Frameworks Topology (MFT) technologies to maximize butylene yields and selectivity over propylene while improving naphtha octane, LPG olefinicity and minimizing coke and dry gas. This enables refiners to make more valuable products, boost profitability, and minimize the carbon footprint of their FCC units. BASF, a p ...

BASF SE (BASFY) recently stated that it will switch its production to bio-based ethyl acrylate (EA) starting fourth-quarter 2024. With a C-traceable bio content of 40%, according to DIN EN 16640 and a reduced product carbon footprint (PCF), BASF's bio-based EA assists companies globally in achieving their sustainability goals. The product reduces PCF by approximately 30% compared to fossil-based EA. In addition to standard bio-based EA, BASF offers bio-based Ethyl Acrylate BMB ISCC Plus. The residual carbon ...

Financial Data and Key Metrics Changes - The explosion at the Ludwigshafen plant has significantly impacted the production capacity of key products, particularly Vitamin A and E, which are critical to the company's operations [1][2] - Prior to the explosion, Vitamin A's operating rate was around 55%-58%, while Vitamin E oil and powder were operating at 30% and 40%-45% respectively [2][5] - The company anticipates that the production recovery for Vitamin A and E will be uncertain for the remainder of the year due to the incident [2][3] Business Line Data and Key Metrics Changes - The explosion primarily affected the production of olefins and precursors for Vitamin E, while the production of Vitamin A was less impacted initially [1][2] - The operating rate for Vitamin A is expected to remain low, with significant delays in fulfilling customer orders due to supply chain disruptions [3][4] - The company has a global market share of approximately 27% for Vitamin A and 12% for Vitamin E, indicating its significant role in the market [2][5] Market Data and Key Metrics Changes - The explosion has led to a sharp increase in Vitamin A prices, which have risen from around 100 to as high as 180-200, while Vitamin E prices have also surged [4][5] - The market is experiencing volatility, with prices fluctuating daily based on supply and demand dynamics [4][5] - The company expects that the impact of the explosion will lead to a significant supply shortage in the short term, particularly affecting the Chinese market [4][5] Company Strategy and Development Direction - The company is currently focused on completing the accident investigation report, which is expected to take 6-8 weeks [3] - There are two potential strategies being considered: maintaining the force majeure declaration to avoid liability for delayed deliveries or attempting to resume production sooner [3][4] - The company is also exploring options to purchase inventory from exclusive distributors to mitigate supply shortages [3] Management's Comments on Operating Environment and Future Outlook - Management has indicated that the current operating environment is challenging due to the explosion and its aftermath, with uncertainty surrounding production recovery timelines [2][3] - The company is preparing for potential price increases in the market, with forecasts suggesting that Vitamin A prices could reach as high as 300-500 under extreme conditions [4] - Historical data from previous incidents suggests that market panic could lead to even higher price spikes, emphasizing the need for careful management of supply and customer relations [4] Other Important Information - The explosion has also affected the production of menthol, which is a key raw material for various products, including sunscreens [6] - The company has a significant share of the menthol market, and any reduction in production capacity could lead to supply shortages [6] Q&A Session Summary Question: What is the significance of the German plant and the impact of the explosion on the vitamin business? - The Ludwigshafen plant is crucial for the production of olefins and vitamins, with the explosion affecting key production areas, although some vitamin production areas were initially unaffected [1] Question: What are the current operating rates for Vitamin A and E post-explosion? - Vitamin A's operating rate was around 55%-58% before the explosion, while Vitamin E oil and powder were at 30% and 40%-45% respectively [2] Question: How will the explosion affect the supply of raw materials like citral? - The explosion has impacted the transportation of raw materials, which could lead to further delays in vitamin production [3] Question: What is the expected impact on the Chinese vitamin market? - The explosion is expected to cause significant price fluctuations in the Chinese vitamin market, with prices for Vitamin A and E already rising sharply [4] Question: What are the plans for production recovery and customer orders? - The company is assessing inventory levels and customer orders, with a focus on managing supply chain disruptions and fulfilling outstanding orders [3]

巴斯夫路德维希港爆炸事件解读20240808_1_导读 2024年08月09日 00:33 关键词 化工 维生素 福在福德维奇 生产基地 不可抗力 有机溶剂泄露 监控爆炸 火灾 环境监测 生产制造 安全关 闭 事故原因 供应链 香原料 维生素A 维生素E 价格波动 产能 10% 16% 全文摘要 一家位于德国路德维希港的化工厂因有机溶剂泄露引发爆炸，导致轻伤并迫使工厂临时关闭。此次事件 未造成环境污染，正在调查中。该事件预计将对下游产业链和产品供应，尤其是香原料和维生素A/E的 生产造成短期干扰和价格上涨。化工厂已采取措施调整生产和加强与客户的沟通，并计划加速事故调查 和设备维修，目标在第四季度至明年第一季度恢复正常生产。此外，化工厂正通过增加产能来应对原料 短缺问题，同时考虑从外部采购以稳定供应链。虽然受到大科科金斯曼政策转移的影响，企业通过灵活 的供应链管理策略确保产品供应。在全球范围内，随着健康意识的提升和市场需求的增长，尤其是在疫 情期间，维生素产业的需求持续增长，但供应链的稳定性受到挑战。各方正密切关注维生素产业的开工 率、出口情况及市场报价，同时评估安全重启计划，以应对未来的不确定性和挑战。 章节 ...

感谢大家参加本次会议会议即将开始请稍后 不乍事先解读电话会议目前所有参会者均处于静音状态现在开始播报名和声明 本次电话会议仅供民生证券专业投资者参考会议内容任何情况下都不构成投资建议任何机构或个人不得以任何形式泄露本次会议内容否则由此造成的一切后果及法律责任由该机构或个人承担本公司保留追究其法律责任的权利 各位投资者大家下午好我是民生化工团队的费城宏也是注意到7月29号的时候巴斯福在路德维奇的生产基地发生了不可抗力的事件最近这几天相关的这些影响也在陆续的显现当中 尤其是对可能像维生素这条产业链也产生一些比较大的影响那么今天我们也是有幸邀请到了我们海外市场的海外供应链的专家来给大家就这个事件来做深度的解读专家你好你好专家好然后我们这会要不先请您 给线上的投资者简单介绍一下整个7月29号到最近这几天事件的影响的走势情况 首先分成三个部分一个是对于这一个事情整体的内部的回顾第二个是截止到现在的一些当期举动第三个是可能产生的一些关联影响提出预测那么关于第一点 其实这个事件是在今年的7月29号也就是欧洲中部时间的中午12点左右在德国的路德维希港基地内部的这个自有工厂因为一些有机溶剂泄露而发生的这个交通爆炸且引发了一定程 ...

CHENNAI, India, Aug. 05, 2024 (GLOBE NEWSWIRE) -- BASF Catalysts India Private Limited (BCIL), a subsidiary of BASF Environmental Catalyst and Metal Solutions (ECMS), has inaugurated a new Research, Development and Application (RD&A) lab at its site in Mahindra World City, Tamil Nadu, Chennai. The strategic investment is focused on the development of emissions control catalysts that are tailored to the unique needs of the Indian automotive market. "This new RD&A lab will enable the development of market-spe ...

然后我们知道29号那个巴斯夫的德国工厂发生了一个爆炸市场对相关的影响就非常关注然后我们美护这边特别关心的一个标的科斯股份今天有一个比较大的涨幅所以我们今天就有幸邀请到了海外化工行业的一位业务负责人来与我们分享他对此次事件的一个观点 那今天的会议流程的话就先由我包装隐秘地问一下这个爆炸的整体的一个情况然后再问一下对防晒机这边的影响然后就交由我们化工首席黄老师来就化工品这边来进行提问最后我们再开放投资者的这样一个提问那这就是今天的会议流程那么首先我就先来请专家来帮我们先分享一下巴斯呼爆炸这次主要受影响的一个装置和产能的一个情况专家有请好的好的大家下午好 那其实是昨天的下午啊昨天的应该是中午7月29号的中午发生了这个爆炸当时是爆炸造成了呢大概是有这个十说是十八个人大概十八个人的受伤啊受了轻伤然后其中还包括有七八名的这个消防人员然后很快呢目前为止已经有十几个人已经出院了从这些状况来看啊还有就是一个小时左右的时间内就已经把这个明火啊已经就捕灭了啊捕灭了 呃然后外界的就是空气的这块监测的数据来去看呢也没有说有一些外泄有一些其他的有毒的有害的一些气体或者其他的一些喷射物爆炸物去在外界有喷洒啊也没有去监测到所以从这些总体的这 ...

赵军 中国石油与化学工业联合会 特聘专家 2024 年 7 月 29 日，德国化工巨头巴斯夫（BASF）位于路德维希港的化工 厂发生了一起爆炸事故，并迅速引发了大规模火灾。此次事故发生在中午 12 点 左右，当时工厂南部区域的生产装置突然爆炸。爆炸产生的巨大冲击波和火焰引 发了现场的紧急响应，工厂消防队和当地消防部门迅速到场展开救援。爆炸发生 在路德维希港工厂的南部区域，这一部分区域是该工厂重要的生产设施所在地。 根据初步报告，爆炸影响了几个关键的生产装置，包括乙烯、丙烯和丁二烯的生 产装置。这些装置的损坏对工厂的整体生产能力产生了重大影响。 事故发生后，巴斯夫立即启动了环境监测程序，使用环境监测车辆在厂区内 外进行空气质量检测。检测结果显示，爆炸导致厂区内和周边区域的碳氢化合物 浓度略有升高，但这些浓度并未对公众健康构成直接威胁。尽管如此，当地政府 还是建议附近居民关闭门窗，并关闭通风和空调系统，以防止烟气进入室内。巴 斯夫在事故发生后迅速发布声明，表示已经控制住火情，并正在全面评估事故的 影响。公司强调，目前检测到的碳氢化合物浓度对公众没有危险，并将继续进行 环境监测。巴斯夫还表示，受影响的装置正在进行修 ...

Yes. Thanks, Dirk. In view of recent market developments in the entire battery value chain, I would like to give you further information on how we will move forward in battery materials. We are confident that the trend towards electric vehicles will continue and that battery materials remain a significant growth opportunity for the chemical industry. Over the last years, BASF has established competitive cathode active materials production capacities in the most important battery electric vehicles markets wo ...

Industry Overview - Plastics are a major contributor to environmental pollution, taking hundreds of years to decompose and leading to waste accumulation in landfills and oceans. This has prompted a shift towards more sustainable solutions, with bioplastics emerging as a significant industry [1][2] Company Analysis - BASF SE is the world's largest chemical producer, offering bioplastic products such as Ecovio and Ecoflex, which are compostable and used in various applications including packaging and agriculture. Despite a 10% drop in net sales and disappointing earnings per share, analysts believe its shares are undervalued [5][7][19] - Eastman Chemical is a leading firm in sustainable plastics, set to receive a $375 million investment from the Department of Energy for a new recycling facility, indicating strong growth potential in the bioplastics sector [9][10][21] - Dow is recognized as a strong investment option in bioplastics, having exceeded EPS and revenue projections in its first quarter, with a 12% return on shares over the past year, reflecting a healthy growth trajectory [13][14] Market Potential - The global market for bioplastics was valued at $7.49 billion in 2023 and is projected to grow significantly, expanding from $7.41 billion to $56.99 billion between 2024 and 2032, highlighting the lucrative opportunities within this niche [11]