Subject to the approval of all relevant authorities, BASF and Hannong Chemicals are planning to establish a production joint venture “BASF Hannong Chemicals Solutions Ltd.”. BASF will hold 51% and Hannong Chemicals 49% shareholding, in the proposed joint venture.
The demand for sustainable and vegan-friendly softeners has been trending up over the last five years, with more than 10% of the total new softener launches in 2020 claiming “vegan,” according to Mintel.
With cases of monkeypox continuing to rise and spread around the world, government health departments are providing advice and guidance on how to help prevent transmission of the disease with hygiene and disinfection of the utmost importance
BASF has completed a double-digit million euro investment to increase production capacity for Tinopal® CBS optical brighteners at its Monthey site. Following phase one of the stepwise capacity increase in 2021, the recent completion of the investment program has now brought significantly increased capacity on stream to meet growing global customer demand.
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