PRZOOM - /newswire/ -
Florham Park, NJ, United States, 2015/11/11 - BASF now produces formic acid at its new facility in Geismar, Louisiana for customers in the North and South America markets - Intermediates.BASF.com. DE000BASF111
Eco-friendly, versatile and efficient formic acid is used in a wide range of applications, including animal nutrition, household and industrial cleaning, oilfield drilling and gas exploration, and deicing airport runways and roads.
About BASF Intermediates
The BASF Group’s Intermediates division (intermediates.basf.com) develops, produces and markets a comprehensive portfolio of about 700 intermediates around the world. Its most important product groups include amines, diols, polyalcohols, acids and specialties. Intermediates are for example used as starting materials for coatings, plastics, pharmaceuticals, textiles, detergents and crop protectants. Innovative intermediates from BASF help to improve both the properties of final products and the efficiency of production processes. The ISO 9001 certified Intermediates division operates plants at production sites in Europe, Asia and North America. Around the globe the division generated sales to third parties of about €2.8 billion in 2014.
BASF Corporation (basf.us), headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,000 employees in North America, and had sales of $20.6 billion in 2014.
At BASF, we create chemistry and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year.