How does BASF invest in green power?

Firstly, BASF is investing in its own renewable power assets, particularly offshore wind farms. Secondly, BASF will purchase green power on the market through long-term supply agreements with plant operators, green power agreements or renewable energy certificates, depending on the region and market regulations.

How many megawatts of solar power does BASF have?

In North America, for example, we have secured around 250 megawatts of wind and solar generation capacity through virtual power purchase agreements with Dawn Solar and EDF Energy Services. BASF has also signed a 12-year supply agreement with X-ELIO to supply 48 megawatts of solar power to the Freeport site in Texas.

How will a new plant increase BASF's production capacity?

The new plant will increase BASF’s annual HMD production capacity to 260,000 metric tons. Production is expected to start in 2024. In the Industrial Solutions segment, we are increasing global production capacity for the antioxidant Irganox® 1010 through a project to expand production at the site in Jurong, Singapore.

How much CO2 does the BASF group emit in 2022?

The BASF Group’s emissions reported under these targets in 2022 amounted to 18.4 million metric tons of CO 2 equivalents (2021: 20.2 million metric tons).

Who are BASF SE CEOs?

From left to right, BASF SE head of global sales Uwe Fuchs, BASF SE managing director Frank Prechtl, Leader Energy executive deputy chairman Dato’ Sean H’ng Chun Hsiang and Leader Energy CEO Gan Boon Hean. Image: Leader Energy

What will BASF do in 2022?

With the completion of the project in 2022, BASF aims to better serve the growing demand from customers in Asia, Europe, the Middle East and Africa. In addition, we increased production capacity for the antioxidant Irganox® 1520L by 20% at the site in Pontecchio Marconi, Italy, in the first quarter of 2021.