BASF launches MyConcrete app for instant access to concrete information

Karachi(Cliff News)BASF’s new smartphone application, MyConcrete is now available, allowing instant access to information on concrete properties.Intended for contractors, engineers, architects and producers, the free MyConcrete app serves as a channel to a range of information on the fundamentals of concrete use. The app includes items such as concepts and design factors, provides answers to questions on concrete slump, air, finishability and set time and offers information on BASF products for concrete producers.“MyConcrete is like having a textbook in your hand,” says Viswanath Mahadevan, Director of Admixture Systems Business Management, BASF Construction Chemicals Asia Pacific. “We want our customers to get the information they need, when they need it, wherever they are. With MyConcrete on their mobile devices, they’ll always have access to information about our products and how to use them – allowing them to achieve better productivity.”MyConcrete app’s includes a Surface Evaporation calculator to determine the risk of shrinkage cracking and a Concrete Temperature calculator for freshly mixed concretes, which help professionals understand the effects of ambient conditions on concrete. Local weather conditions are considered in the calculators based on GPS or chosen location.MyConcrete can be downloaded free of charge from Apple and Google Play stores by searching for “MyConcrete”. The app is available in English, Japanese and Vietnamese.

BASF launched range of construction chemicals more than 200 retail outlets in Karachi

Eng Cap BASF

Karachi(Cliff News)The Master Builders Solutions range of construction chemicals from BASF is now available at more than 200 retail outlets throughout Karachi, Pakistan, including solutions for waterproofing, mortar and concrete admixtures. This range of products is designed to help make Pakistan’s rapid urbanization more sustainable, by ensuring that houses and other buildings are both faster to construct and longer-lasting.At a launch event featuring partners, customers and consultants, BASF executives highlighted the importance of Pakistan as a growth market for construction chemicals. “BASF technologies have been involved in the construction of the world’s most iconic structures for over 100 years. We are glad to bring in these world class products into the retail market in Pakistan,” said Matt Ross, Head of Sales and Marketing, Construction Chemicals Asia Pacific, BASF. “We expect to bring this product range into other cities in Pakistan throughout 2019. We will continue to invest in partnership, and build up networks to serve our customers better and faster.”Starting from today, customers will be able to find MasterSeal 550, MasterSeal 551, MasterEmaco SBR2 and MasterPel 777 at retail outlets throughout Karachi.“As Pakistan continues to urbanize, a massive amount of construction is needed to build high quality housing for the growing population. BASF is working closely with the construction industry to promote sustainable projects on the ground, which can combine the advantages of BASF’s global technologies with in-depth knowledge of local building needs. With BASF’s chemistry, buildings require less maintenance but last longer,” said Faisal Akhtar, Managing Director, BASF Pakistan (Private) Limited.Master Builders Solutions is BASF’s global brand of advanced chemical solutions for construction. The brand builds on the strengths of many BASF brands and products and represents experience of more than 100 years in the construction industry.With research and development resources around the world, BASF develops solutions to make construction processes faster with easy-to-apply and robust products. Durability, building service life and eco-efficiency are the main drivers for innovations across all regions. BASF invests significantly to further strengthen and extend technology platforms to meet the needs of customers now and in the future.BASF manufactures construction chemicals at its site based in Landhi, Karachi. BASF has supplied building materials to landmark projects in Pakistan in the areas of tunneling, metros, motorways, industrial floorings, cement plants and more.

BASF shows significant growth in 2018

Karachi(Cliff News)Following a successful 2017 business year, BASF has had a good start to the year 2018. “Last year, we achieved significant growth and were able to further increase our profitability. Moreover, we laid important groundwork for the future development of our company – in terms of both people and strategy,” said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, at the presentation of the 2017 Annual Report in Ludwigshafen. In the fourth quarter of 2017, BASF Group posted sales of €16.1 billion, which represents growth of 8% compared with the same quarter of 2016. Prices rose by 9%. BASF’s sales volumes increased by 4%; this was driven by all segments with the exception of Oil & Gas. By contrast, negative currency effects were significantly higher and reduced sales by 5%. Income from operations (EBIT) before special items in the fourth quarter was €1.9 billion, up by 58% from the same period of the prior year. The significantly higher earnings in the Chemicals, Agricultural Solutions and Oil & Gas segments as well as in Other compensated for lower earnings in the Functional Materials & Solutions and Performance Products segments.

Economic activity picked up in many countries worldwide in 2017. “We took advantage of this upturn and markedly increased our full-year 2017 sales and earnings compared with the previous year,” said Bock. Thanks to good demand, BASF sold greater volumes in all divisions and considerably increased its profitability. Higher prices, especially in the Chemicals segment, also contributed to this. Overall, BASF’s sales grew by 12% to €64.5 billion. One contributing factor was the Chemetall business acquired at the end of 2016, which offers tailor-made solutions for metals surface treatment.BASF’s earnings rose even more sharply, by around one-third. The company achieved EBIT before special items of €8.3 billion, with a significant contribution coming from the Chemicals segment. Higher margins and volumes in the basic chemicals and intermediates businesses more than offset the lower margins in some of BASF’s specialties businesses. Earnings in the chemicals business – which comprises the Chemicals, Performance Products and Functional Materials & Solutions segments – were significantly higher than in the previous year. EBIT before special items in this business was €7.3 billion, up by 26% versus the prior-year figure.Earnings per share increased from €4.42 to €6.62, equivalent to a rise of 50%. Adjusted for special items and amortization of intangible assets, earnings per share amounted to €6.44, compared with €4.83 in the previous year. With regard to the development in the regions, Bock said: “We were particularly pleased with our strong growth in Asia, where our investments in recent years have paid off. Thanks to higher margins and increased volumes, we were able to double our earnings in Asia to €2.2 billion, making it the most profitable region for BASF.”For 2018, BASF expects the global economy and chemical production to grow at roughly the same pace as in 2017. Further growth is expected in all regions and BASF anticipates a continuation of the recovery already underway in Brazil and Russia. In addition to these generally positive baseline conditions, however, BASF also sees increased market volatility. Furthermore, the U.S. dollar is having a negative impact on sales and earnings.For its outlook, BASF assumes the following economic conditions for 2018 (prior-year figures in parentheses): Global economic growth of +3.0% (+3.1%); Growth in global chemical production of +3.4% (+3.5%); An average euro/dollar exchange rate of $1.20 per euro ($1.13 per euro); An average oil price (Brent) of $65 per barrel ($54 per barrel). “In this environment, we want to continue to grow profitably and achieve a slight increase in BASF Group’s sales and EBIT before special items in 2018,” said Bock.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at: www.basf.com

About BASF in Pakistan
BASF has been present in Pakistan for more than four decades. With production facility in Karachi, BASF offers innovative solutions for key local business sectors. BASF maintains offices in Karachi, Lahore, Islamabad and Sialkot. BASF also supports education and community development projects in Pakistan. Further information on BASF in Pakistan is available at www.basf.com/pk.

BASF breaks down the 2017 automotive colors market

Karachi(Cliff News) With the “BASF Color Report For Automotive OEM Coatings”, BASF’s Coatings division provides a global analysis of the color distribution in the 2017 automotive market. Globally, white maintains its strong position in all segments and still is the number one color with a market share of almost 40 percent. Together with black, gray, and silver, the achromatic colors continue to be the most prominent. When it comes to chromatic colors, the share of blue and red is almost equal, followed by brown. The global overview of the car segments shows: the smaller the car the more vivid the color.With increasing sales and number of models, Sport Utility Vehicles (SUVs) significantly influence the popularity data. While white and black are still strong colors within this segment, red, blue, and especially brown are showing up more and more. This mirrors the expected growth and diversification of the model range of these robust vehicles.The figures of the European Color Report 2017 reveal that achromatic colors are still the most popular. About 78 percent of all cars were painted white, black, gray or silver last year, marking a continuing trend. Among the achromatic colors, the proportion of gray increased to 19 percent. Gray has now attained the same popularity as black. The growing share of gray is underlined by the increasing diversity of gray shades. With more than 100 variations, gray has the second highest number of shades after blue.“Gray – with its associations with concrete and glass – represents the most urban color and has increased strongly over the past years. With shades from light and mid-grays to dark anthracite, it represents a huge variety and in so doing has gained its strong market position,” said Mark Gutjahr, head of Automotive Color Design EMEA at BASF’s Coatings division.Of the chromatic colors, blue continues to trend strongly. While the overall share of 10 percent remained stable, the proportion of blue increased considerably in terms of its share in the chromatic palette: nearly every second chromatic car produced in Europe 2017 was blue – a trend predicted by BASF’s Coatings color designers and reflected in the numerous blue shades in the last color trend collections. With nearly 130 different variations, blue also remained number one in terms of color diversity.
The North American Color Report 2017 points out that new pigment technologies increase the demand for special effects that shimmer and shine. This leads to a larger variety within the color segments – especially with the achromatics white, black and silver/gray, which are the most popular vehicle colors in North America.
Even in the growing segment of electric vehicles achromatic colors are still preferred – although gray/silver appears to be more popular than white or black at this early stage in electric vehicle development. Color aesthetics are being increasingly considered in combination with functionality, so the ability to be detected by sensors has more relevance than ever before, and BASF will continue to monitor these developments.“Our trend research shows the continued importance of the achromatic color space, dominated by white, black, and gray. It’s critical for us to innovate in these areas, so we look for unique ways to find colors that capture the essence of the customer’s brand to how it helps define the shape of the car,” said Paul Czornij, head of design for BASF Color Design Excellence Group in North America.
Blue and red are the key chromatic colors in North America. The blue color space is also very versatile and can achieve a large diversity of shades, ranging in lightness, saturation, and subtle hue changes. Other colors, such as orange, are showing up in the analysis. These shades provide more options for the consumers to tie in to their particular preferences.The automotive coatings market in Asia Pacific is being driven by the increasing vehicle population and the diversity of the different regional conditions which is also reflected in the Asia Pacific Color Report 2017. With an overall distribution of 49 percent, white is the most favorite color in the region. Due to the cultural context in Asia Pacific, white colors are associated with the positive image of purity and intelligent advanced technology. Thus, white cars have been gaining a high-volume growth in Asia Pacific over the past couple of years. Apart from white, brown colors are also gaining popularity – especially for mid-size SUVs. Both white – especially pearl white – and brown are positioned as stylish colors with luxurious flavor that are welcomed by the Asia Pacific market.Bright red, as a provocative yet smartly individual color area, is highly popular in the chromatic range of automotive colors within the automotive market in Asia Pacific. In general, red for automotive attracts attention, which is an important factor in the mature markets of Asia Pacific.
With the analysis of the global distribution of automotive colors, BASF’s Color Report For Automotive OEM Coatings supplements the Automotive Color Trends published annually by BASF’s Coatings division. While the trend collection presents color concepts that will shape the automotive future, the Color Report is concerned with the present-day market situation and thus refers to the data of the previous year. Within the last years, color diversity has increased and the possibilities for innovative color concepts are multifaceted. Therefore, BASF works closely with OEMs to compose the desired look and feel, underlining the spirit of the automotive brands. Hundreds of colors are currently in the market and include a broad selection of unique effects. Moreover, functionalities of coatings play an increasing role. Paints with an integrated temperature management, for instance, strengthen a sustainable future mobility. As they minimize the heating of the car surface and thus the heating of the interior, savings in air conditioning lead to reduced fuel consumption or an extended range of electric cars.

About BASF’s Coatings division
The Coatings division of BASF is a global expert in the development, production and marketing of innovative and sustainable automotive OEM and refinish coatings, as well as decorative paints. We create advanced performance solutions and drive performance, design and new applications to meet our partners’ needs all over the world. BASF shares skills, knowledge and resources of interdisciplinary and global teams for the benefit of customers by operating a collaborative network of sites in Europe, North America, South America and Asia Pacific. In 2016, the Coatings division achieved global sales of about €3.2 billion.
In 2016, BASF acquired Chemetall, a leading global supplier of applied surface treatments for metal, plastic and glass substrates in a wide range of industries and end markets. With this expansion in portfolio, BASF becomes a more complete solution provider for coatings.
Solutions beyond your imagination – Coatings by BASF. For more information about the Coatings division of BASF and its products, visit www.basf-coatings.com.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

About BASF in Pakistan
BASF has been present in Pakistan for more than four decades. With production facility in Karachi, BASF offers innovative solutions for key local business sectors. BASF maintains offices in Karachi, Lahore, Islamabad and Sialkot. BASF also supports education and community development projects in Pakistan. Further information on BASF in Pakistan is available at www.basf.com/pk.

BASF joins the World Plastic Council

Ludwigshafen, Germany(Cliff News)BASF joined the World Plastics Council (WPC), a global organization of key leaders in the plastics industry. The WPC promotes industry topics of global relevance like the responsible use of plastics, efficient waste management and solutions to marine littering. “Doing business in a sustainable manner is an integral part of BASF’s strategy and has been a central inspiration already since its foundation. For example, using by-products of one plant as raw materials for another does limit waste generation and increase efficiency. This Verbund principle is part of BASF’s identity,” explained Raimar Jahn, President Performance Materials, BASF. “Additionally, we are involved in initiatives addressing global challenges and engaging entire value chains such as Operation Clean Sweep®. We implement this international program designed to retain plastic pellets from getting lost in the environment,” said Jahn, representing BASF at the WPC’s 2017 General Assembly in Dubai, United Arab Emirates. “Joining the WPC is a way to be further involved in creating a world that provides a viable future with enhanced quality of life for everyone.”Abdulrahman Al-Fageeh, Executive Vice President, Petrochemicals SABIC and Chairman of WPC welcomed BASF as new member to help in WPC’s global efforts to deliver sustainable outcomes for the plastics industry, and for society. He said: “Since 2011, our industry has partnered in many efforts to research and prevent marine debris around the world under our ‘Declaration of the Global Plastics Associations for Solutions on Marine Litter’. This has been signed by 70 plastics associations in 35 countries.” The most recent Progress Report lists 260 projects that have been completed or are in progress in various parts of the world.BASF is as well a member of American Chemistry Council and PlasticsEurope that are associate members of the WPC and working towards a more sustainable, circular and resource-efficient economy. The WPC does not replace national or regional plastics associations. Instead, it focuses on issues that require global or at least multi-regional solutions. For a company such as BASF, present in all markets, these widespread actions can be implemented throughout all the regions to contribute to circular economy.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

About BASF in Pakistan
BASF has been present in Pakistan for more than four decades. With production facility in Karachi, BASF offers innovative solutions for key local business sectors. BASF maintains offices in Karachi, Lahore, Islamabad and Sialkot.