BASF launches HMO ingredient as it gears up for competition in infant formula

GERMANY – BASF plans to launch a human milk oligosaccharide ingredient 2’-fucosyllactose (2’-FL) by early 2019, accelerating its presence in infant formula even as manufacturers upgrade to large scale production to meet consumer demand. 2’-FL was developed in-house using a specific HMO fermentation strain and is said to be beneficial to infant gut microbiota and immune development. It is the most abundant oligosaccharide in the group of about 200 HMOs identified in human milk and consists of 20-30% of the total HMO content, with a concentration 300 times higher in…

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BASF to expand production capacity for Irganox 1010 globally

GERMANY – BASF, a German chemical company and the largest chemical producer in the world, plans to increase the global production capacity for its antioxidant Irganox 1010 by 40% with production expansion projects at its sites in Jurong, Singapore, and Kaisten, Switzerland. Irganox 1010 is a sterically hindered phenolic primary antioxidant. It provides protection against thermo-oxidative degradation, mainly applied in polyolefins and also recommended for polyacetals, polyamides and polyurethanes, polyesters, PVC, ABS and elastomers such as butyl rubber and synthetic rubbers. According to BASF, it aims to better serve the…

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Bayer wins EU approval to take over Monsanto

GERMANY – German agrochemicals giant Bayer has won EU antitrust approval for its $62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and pesticides market. Driven by shifting weather patterns, competition in grain exports and a faltering global farm economy, Dow and Dupont, and ChemChina and Syngenta had earlier led a wave of consolidation in the sector. Both deals…

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BASF in talks to acquire Bayer’s Seeds Business

USA – BASF Corporation, the largest chemical producer in the world is holding talks with Bayer, the German multinational, pharmaceutical and life sciences company to acquire the latter’s vegetable seeds business, Nunhems. The two companies plan to reach a definitive agreement that will see BASF take over operations and assets in the business operating under the brand Nunhems. While BASF expects the transaction to strengthen its market position in seed and in agricultural solutions business, Bayer is making the divestment to focus on planned acquisition of Monsanto. In October 2017,…

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BASF, GAIN partner on study to combat post-harvest losses

NIGERIA – A leading chemical company, BASF, has collaborated with Global Alliance for Improved Nutrition on a study aimed at finding solutions to post-harvest losses in Nigeria. According to statement from the partners, the study aims to identify the current cold storage capacity of Nigeria in both frozen and ambient temperature segments. It said the mapping outcomes would provide information that could be utilised to stimulate private sector investments for infrastructure and financial services, as well as education and public awareness of the status of the sector. The results, according…

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BASF to acquire parts of Bayer’s seed and herbicide businesses

GERMANY – Leading agrochemical company BASF has signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses, entering the key seeds business that it has been missing in its portfolio. The acquisition of the assets, as Bayer divests from some key areas as it seeks to placate regulators concerns as it moves to complete the acquisition of seed and agrochemicals giant Monsanto, is valued at €5.9 billion (US$7 billion). It comes at a time after Bayer, which has struggled to convince regulators in the key European…

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