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BASF Venture Capital a corporate venture capital arm of BASF Group, announced that it is investing in the Shanghai-based startup SmartAHC, a leading supplier of digitalization solutions for pig farming on the Chinese market.

  • SmartAHC was founded in 2014 by graduates of Nanyang Technological University in Singapore.
  • The startup provides customized digital solutions to increase efficiency throughout the pork value chain. Through digitalization, husbandry operations can optimize labor productivity in the production process.

The prominent acquisitions and investments by BASF are featured below:

April 2020: BASF Corporation is supporting the USA to fight against COVID-19 pandemic with hand sanitizers. The company provides hand sanitizer to the state of New Jersey and New York which produced at the company’s facility in Washington, New Jersey at free of charge.

February 2020: BASF announced a new battery materials production facility in Schwarzheide, Germany. The new plant is a part of the company’s multi-step investment plan to support the European electric vehicle (EV) value chain. The facility will help the company to strengthen its global leadership position in battery materials for electric vehicles.

January 2020: BASF announced the completions of the acquisitions of Solvay’s polyamide (PA 6.6) business for approximately $1.4 billion. The deal broadens BASF’s polyamide capabilities with innovative and well-known products such as Technyl. The acquisition will allow BASF to support its customers with even better engineering plastics solutions, e.g., for autonomous driving and e-mobility.

January 2020: BASF builds a new regional production hub for its Agricultural Solutions business in Asia Pacific. The company’s new production hub for crop protection constructs in Singapore. The new multipurpose facility has been designed to handle six different formulation technologies and will supply the company’s patented crop protection products to farmers across the fast-growing Asia Pacific region.

December 2019: BASF Venture Capital is investing in Israeli AgTech startup Equinom. Its computerized breeding technology provides improved seeds for the food industry. The existing investors of Equinom are Fortissimo Capital, which invests primarily in the technology, AgTech, and industrial sectors, and Roquette, a global leader in plant-based ingredients for food, nutrition, and health markets.

December 2019: BASF inaugurated the second phase of an antioxidant manufacturing plant, which produces Irgafos 168 and Irganox 1076 at its Caojing site in Shanghai, China. The new plant has an annual capacity of 42,000 tons & it mainly serves customers in China.

November 23, 2019: BASF launched its smart Verbund project at Zhanjiang, in Guangdong province, China, and commenced building its primary plants. The plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve industries in southern China and other Asian countries.

About BASF
BASF is one of the leading chemical manufacturers in the world. Germany based BASF is an international company comprises of subsidiaries and joint ventures in about 80 countries and operates six integrated production sites in Europe, the Americas, Asia, Australia, and Africa. The company employs approximately 122,000 employees worldwide. The company’s portfolio is organized into six segments: Chemicals, Materials, Surface Technologies, Nutrition & Care, Industrial Solutions, and Agricultural Solutions.

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