In August 2024, BASF announced plans to construct a new chemical production plant in Ludwigshafen, marking a significant €4 billion investment aimed at advancing sustainable chemical production. This initiative aligns with Germany's ongoing efforts to promote green industrial processes and reduce environmental impacts within the chemical sector.

The new facility is set to incorporate cutting-edge technologies designed to minimize carbon emissions and enhance energy efficiency. By prioritizing sustainable practices, BASF aims to support Germany's broader goal of transitioning towards a more eco-friendly economy while ensuring the long-term viability of its operations.