The world’s largest chemical complex represents one percent of all German CO2 emissions.
(Photo: obs)
Düsseldorf, Frankfurt The year 2022 should bring the breakthrough in the green transformation for BASF. The world’s largest chemical manufacturer wants to finally move away from oil-based products and raw materials – and green. “We will direct our investments and research more and more towards sustainability, climate protection and transformation”, announced BASF board member Melanie Maas-Brunner in an interview with Handelsblatt: “This will get a new dynamic.”
In return, the oil and gas subsidiary Wintershall Dea should finally go public in the coming year, as it is called in financial circles. The banking consortium of Deutsche Bank, Goldman Sachs, Morgan Stanley and Citi is ready. The go-ahead for the mega-project, which has been postponed several times, could come in the second half of the year at the latest – but even earlier, depending on the situation on the energy markets.
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