BASF has announced plans to boost its global capacity for alkyl polyglucosides (APGs) by expanding its sites in Bangpakong, Thailand, and Cincinnati, Ohio, just as it also adding alkoxylation capacities in Antwerp and Ludwigshafen (pictured). Both investments are within the Care Chemicals division.

In its 2022 result presentation, BASF announced measures that are expected to yield cost savings of €500 million/year, mainly in Europe and about half of them at the largest verbund site in Ludwigshafen, Germany. These will be implemented in 2023 and 2024, focusing mainly on the service, operational and R&D divisions and corporate functions. All this will lead to a net loss of about 2,600 jobs and a €200 million/year reduction in fixed costs by the end of 2026.