Chemical News and Updates

For most chemical business owners, selling excess chemical stock can be an Everest challenge. Especially when we consider the volatility in chemical prices, unsold excess stock can strongly impact business revenue and profit margins. While in the past, chemical business owners were limited in their capacity to reach out to new potential chemical vendors and buyers. The same is not the case in the digital age where online B2B chemical marketplaces have broken the barriers of space and time to offer a real-time omni-channel eCommerce experience. Here are some key benefits of joining an online chemical marketplace: 1. Find Instant-Buyers Whether current stock or previously unsold but ready stock, an online B2B marketplace is perfect to explore, find and connect with new buyers, vendors and companies instantly. These platforms have dedicated pages for buyers to post their requirements. You can post your quotations to these inquiries and sell your chemicals faster than ever be...

BASF, the largest chemical producer in the world, is now 153 years old and its timeline had its fair share of bright and dark spots. Chemical industry trends 2019 predict stronger days ahead for this German-based chemical company. But BASF had its fair share of turmoil too which also includes the time when it was under direct control of the French authorities following Germany's defeat in World War 2. However, the dark clouds were soon gone and BASF was refounded in 1952 riding high on the German economic miracle of the 1950s. This blog highlights some of the key milestone events that mark BASF over 150-year journey so far. The Big Steps Founded on 6 April 1865 in Mannheim (Germany) by Friedrich Engelhorn for production of soda and acids which are key ingredients in the production of dye. Fertilizers were added to the product line in 1913 followed by nylon, polystyrene, and styropor. 80% of the BASF production line in 1901 was dedicated to dye stuff. The 1960s saw B...