Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

150 billion PET bottles recycled, Indorama Ventures reaches milestone

K 2025: CMG to roll out new large granulator for post-consumer recycling

What Is this summer's hottest packaging trend in China?

Products

Why and where are Chinese modified plastics companies expanding overseas?

Haitian International’s overseas sales up 34.7%

Top 10 Technology Trends: Recycled plastics and bioplastics

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Green Plastics: News & Insights

CHINAPLAS

CHINAPLAS 2025 Focus

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

K 2025 FOCUS

CHINA INSIGHT

Fakuma 2024 Highlights

News Videos

CPRJ Packaging Conference: motan offers intelligent systems for packaging industry

CPRJ Packaging Conference: York Colour brings colors to packaging

CPRJ Packaging Conference: Fuhai's PET tackifying technology reduces production costs

Conference Videos

ENGEL e-cap 380

ENGEL e-speed 280 125ml thinwall container with 30% rPET

ENGEL e-speed 420 packaging

Corporate/Product Videos

Jiangsu Liside New Material Co., Ltd.

Dow 45 years in China

Carbon Removal and Carbon Emission Reduction Tech Solution——Yuanchu Technology (Beijing) Co. Ltd.

Exhibition

Playback TECHHUB 2025@CPRJ Live Streaming for CHINAPLAS

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback On April 14, the "6th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase" at the Crowne Plaza Shenzhen Nanshan is currently being livestreamed!

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

Home > News > Automotive

BASF to invest up to €4.5 billion in battery materials and recycling

Source:Adsale Plastics Network Date :2021-12-08 Editor :JK

During the shift toward electromobility, BASF is further strengthening its focus on battery materials and recycling. To implement its growth plan, the company targets investments worth €3.5 billion to €4.5 billion between 2022 and 2030 in battery materials.


The recently announced long-term battery materials strategy of BASF lays out an ambitious growth plan for battery materials and base metal services with targeted 2030 sales in excess of €7 billion. 


Meanwhile, BASF will establish a separate mobile emissions catalysts, automotive catalysts recycling and associated precious metal services entity. The new entity will be named BASF Automotive Catalysts and Recycling.

 

The new standalone structure will prepare the business for the upcoming changes in the internal combustion engine market and allow for future strategic options. The new entity will continue to operate globally and comprise approximately 20 production sites and over 4,000 employees.

 

The carve-out process will start in January 2022 and is expected to take up to 18 months. Throughout this process, BASF’s top priority is business continuity for its customers, partners and employees.

 

“BASF continuously evaluates its portfolio and with the carve-out we want to give this business more entrepreneurial freedom and agility, so it can focus even better on the needs of its markets and customers,” told Dr. Markus Kamieth, Member of the Board of Executive Directors of BASF SE, responsible for the Surface Technologies segment.


1.jpg

BASF to carve out mobile emissions catalysts business.


BASF Automotive Catalysts and Recycling will be a distinct legal entity structure, headquartered in Iselin, New Jersey, and will be led by Dirk Bremm as CEO.

 

“BASF’s mobile emissions catalysts and its recycling business units are industry leading innovators,” said Dirk Bremm. “I’m excited to work with our dedicated and talented teams to seize the opportunities ahead of us and continue to develop and deliver solutions which help our customers to meet the ever increasing emissions regulations around the world.”

 Like 丨  {{details_info.likes_count}}
Automotive
Recycling
BASF
 Tangshan Zhonghao Chemical Co., Ltd      
 SACMI (SHANGHAI) MACHINERY EQUIPMENT CO., LTD.      
 JIANGXI ZHILIAN NEW MATERIALS CO., LTD      
 SHANGHAI PUSUN PLASTIC PRODUCTS CO., LTD      
 SHANGHAI SMART NEW MATERIALS CO.,LTD      
 HANGZHOU JUHESHUN NEW MATERIAL CO., LTD.      
 WINDORA MATERIALS LLC      
 HEBEI LINGSHOU COUNTYZHONGKE MINERAL POWDERCO, LTD.      
 GANSU EILITE NEW MATERIALS CO., LTD.      
 HANGZHOU JUXING NEW MATERIAL TECHNOLOGY CO., LTD      
 QINGDAO HAIRUITE CHEMICAL MATERIAL CO., LTD      
 MOTAN TAICANG CO., LTD.      
 SUZHOU FISA HOT RUNNER TRADE CO., LTD      
 SHENZHEN YUTIAN NEW MATERIALS TECHNOLOGY CO., LTD      
 WUXI ADVANCE TECHNOLOGIES, INC      
 ANHUI SHANHE NEW MATERIAL CO., LTD.,      
 FUJIAN CHALLENGE WOLVES TECH. CO.,LTD      
 ZHEJIANG HONGXIANG CONNECTOR CO.,LTD.      
 ZHEJIANG HAIGONG MACHINERY CO.,LTD      
 ZHANGJAGANG RONGSHENG MACHINERY CO.,LTD      
 JIANGYIN DEBAO NEW MATERIAL TECHNOLOGY CO.,LTD      
 SHANGHAI SUNWAY CHEMICAL CO.,LTD      
 ANHUI ZHONGXIN HONGWEI TECHNOLOGY CO.,LTD      
 SUZHOU GELEFU M&E TECHNOLOGY CO., LTD.      
 WUXI SONGHUXINRUI MACHINERY CO., LTD.      
 SHANGHAI QIRAIN NEW MATERIALS CO., LTD.      
 GUANGDONG HTASO NEW MATERIALS TECHNOLOGY CO.,LTD      
 YONEI INNOVATIVE MATERIAL TECH LIMITED      
 Sinochem Internation Corporation      
 CATHAY (TAIYUAN) BIOMATERIAL CO., LTD.      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Source:Adsale Plastics Network Date :2021-12-08 Editor :JK

During the shift toward electromobility, BASF is further strengthening its focus on battery materials and recycling. To implement its growth plan, the company targets investments worth €3.5 billion to €4.5 billion between 2022 and 2030 in battery materials.


The recently announced long-term battery materials strategy of BASF lays out an ambitious growth plan for battery materials and base metal services with targeted 2030 sales in excess of €7 billion. 


Meanwhile, BASF will establish a separate mobile emissions catalysts, automotive catalysts recycling and associated precious metal services entity. The new entity will be named BASF Automotive Catalysts and Recycling.

 

The new standalone structure will prepare the business for the upcoming changes in the internal combustion engine market and allow for future strategic options. The new entity will continue to operate globally and comprise approximately 20 production sites and over 4,000 employees.

 

The carve-out process will start in January 2022 and is expected to take up to 18 months. Throughout this process, BASF’s top priority is business continuity for its customers, partners and employees.

 

“BASF continuously evaluates its portfolio and with the carve-out we want to give this business more entrepreneurial freedom and agility, so it can focus even better on the needs of its markets and customers,” told Dr. Markus Kamieth, Member of the Board of Executive Directors of BASF SE, responsible for the Surface Technologies segment.


1.jpg

BASF to carve out mobile emissions catalysts business.


BASF Automotive Catalysts and Recycling will be a distinct legal entity structure, headquartered in Iselin, New Jersey, and will be led by Dirk Bremm as CEO.

 

“BASF’s mobile emissions catalysts and its recycling business units are industry leading innovators,” said Dirk Bremm. “I’m excited to work with our dedicated and talented teams to seize the opportunities ahead of us and continue to develop and deliver solutions which help our customers to meet the ever increasing emissions regulations around the world.”

全文内容需要订阅后才能阅读哦~
立即订阅

Recommended Articles

Automotive
MATERI’ACT unveils sustainable bio composites for automotive decoration
 2025-08-18
Automotive
KRAIBURG TPE drives innovation for next generation EV and vehicle interior
 2025-08-18
Automotive
K 2025: New silicone from WACKER rubber insulates busbars in EV batteries
 2025-08-13
Automotive
AutoFlight eVTOL completes world’s first offshore oil platform cargo transport mission
 2025-08-07
Automotive
Covestro launches advanced flame-retardant encapsulation foam for EV batteries
 2025-07-18
Automotive
BASF Coatings wins award with sustainable two-tone painting process for automotive
 2025-07-17

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

BASF to invest up to €4.5 billion in battery materials and recycling

识别右侧二维码,进入阅读全文
下载
x 关闭
订阅
亲爱的用户,请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube