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Exxon and BASF to demonstrate new solvent
Oct. 16, 2018
Source: Business Wire

Exxon and BASF to demonstrate new solvent

BASF, world’s largest chemical producer, and ExxonMobil are conducting a full scale commercial demonstration of their jointly-developed solvent. The firms have chosen Imperial Oil’s Sarnia Refinery for this purpose. The amine-based solvent is aimed at fulfilling the stringent sulfur emission standards with greater efficiency. The solvent will allow refiners and gas processors to enhance capacity and reduce the operating costs involved with existing equipment.

Wintershall to merge with DEA
Sept. 29, 2018

Wintershall to merge with DEA

BASF and LetteOne have entered into a definitive transaction agreement to combine Wintershall and DEA and convert it into a joint venture (JV) to be called Wintershall DEA. LetterOne will give all of its shares in DEA to Wintershall, which will then be renamed as Wintershall DEA. Subject to approvals, the merger is expected for completion in 2Q2019. The JV will be headquartered in Kassel and Hamburg, Germany.

BASF expands Neopor production capacity
June 15, 2018
Source: BASF

BASF expands Neopor production capacity

Germany-based world’s largest producer of chemicals, BASF, is making an increase of 40,000 metric tons per year in its global production capacity of Expandable Polystyrene containing graphite (Neopor). Neopor, introduced in 1998, is processed into insulation boards, which helps in substantial savings of heating energy in new construction and renovations. BASFs two production sites in Ludwigshafen, Germany, and Ulsan, Korea, will see adjustments through the 4Q 2018.

ExxonMobil associates with BASF for the development of Gas Processing Technologies
May 16, 2018

ExxonMobil associates with BASF for the development of Gas Processing Technologies

The largest chemical producer in the world, BASF, has formed an alliance with the US Oil and Gas giant, ExxonMobil, to mutually develop new gas treating solvents and process technologies to be used in natural gas processing and petroleum refining. Through this new contract, BASF will market and license technologies developed from this association, along with FLEXSORB and OASE technologies.

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