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BASF acquires technology from US firm

September 16/2020

MOSCOW (MRC) -- BASF says it has acquired the proprietary technology for L-glufosinate ammonium from AgriMetis (Lutherville, Maryland), a developer of biotechnological innovations for crop protection, said Chemweek.

The acquisition enables BASFs agricultural solutions business to offer its customers an even more efficient product to protect against unwanted weeds with an improved formulation, the company says. The new product is currently in the registration process in the US and will be launched there in the next few years. It is also planned to be launched later in other relevant regions.

According to BASF, the new product can help farmers reduce the amount of crop protection products they need to apply by up to 50%. This is because, unlike todays glufosinate products, which consist of the active L-glufosinate ammonium and the inactive D-glufosinate ammonium, the technology acquired by BASF converts D-glufosinate ammonium into L-glufosinate ammonium, making it more effective, it says.

The worldwide market for crop protection and seeds is growing as population numbers increase, BASF says. This step enables us to further develop our glufosinate ammonium portfolio and is an important part of our future offering to best support our customers in combating the increasingly rapid development of weed resistance, says Vincent Gros, president/agricultural solutions at BASF.

As per MRC, BASF is continuing the modernization and expansion of its Ludwigshafen, Germany, complex with construction of a medical center focused on occupational medicine. Work on the new building will begin in early 2021 with completion scheduled for mid-2023, the company says. Meanwhile, due to the economic environment caused by COVID-19, BASF has examined all planned construction projects and decided no longer to pursue a project to construct a new office building at Gate 2 of the site, on the plot of what used to be the Friedrich-Engelhorn skyscraper.

As MRC reported earlier, BASF has restarted its No. 1 steam cracker in Germany following a maintenance turnaorund. Thus, the company resumed operations at the plant on September 30, 2019. The plant was shut for maintenance in mid-August, 2019. Located at Ludwigshafen in Germany, the No. 1 cracker has an ethylene production capacity of 235,000 mt/year and a propylene production capacity of 125,000 mt/year.

Ethylene and propylene are feedstocks for producing PE and polypropylene (PP).

According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF generated sales of EUR59 billion in 2019.
Author:Anna Larionova
Tags:petroleum products, PP, PE, petrochemistry, BASF.
Category:General News
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