BASF is bundling its activities in renewable energies under the umbrella of BASF Renewable Energy GmbH as of January 1, 2022. The wholly owned subsidiary’s business activities will focus on supplying the BASF Group in Europe with electricity from renewable energies, electricity trading activities in Europe and global consulting for BASF and its Group companies in the field of renewable energies.

As contractual obligations allow, BASF Personal Care Europe is forced to significantly increase the Mass Balance premium for all palm (kernel) oleoderivatives in EMEA region (Europe, Middle East and Africa) as BASF is confronted with a significant cost increase for RSPO-certified palm and palm kernel oil as well as their respective derivatives.

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