In mid-2021, the Germany-based chemicals giant Baden Aniline and Soda Factory (BASF) struck an agreement with the major European energy company Vattenfall to buy a stake in the Hollandse Kust Zuid offshore wind farm. The aim? To enable BASF to implement innovative, low-emission technologies at several of its production sites across Europe – and accelerate progress towards its target of achieving net-zero emissions by 2050.
Source PwC
