BASF and AM Green sign MoU for low-carbon chemical production in India

29 Oct 2024 CW Team

BASF and AM Green BV recently entered into a memorandum of understanding (MoU) to jointly explore and develop low-carbon chemical production projects in India, leveraging renewable energy sources. The agreement, signed by Dr Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green, was formalised during the Asia-Pacific Conference of German Business 2024 in New Delhi.

As part of the MoU, the two companies will conduct feasibility studies on technologies to produce low-carbon chemicals within India. Additionally, the agreement includes a non-binding letter of intent through which BASF would purchase 100,000 tons of green ammonia annually from AM Green’s facilities across India. The ammonia will be produced using renewable energy sources, including pumped storage projects.

The ammonia produced will comply with EU standards for Renewable Fuels of Non-Biological Origin (RFNBO) under the Renewable Energy Directive (RED III). Several of AM Green’s facilities are already pre-certified for RFNBO compliance through the CertifHy scheme, with certification underway for the remaining facilities.

Dr Markus Kamieth expressed BASF's commitment to transforming industries sustainably and emphasised that India provides an ideal setting for exploring low-carbon chemical production in partnership with AM Green. Mahesh Kolli highlighted the significance of working with BASF, a global leader in chemicals, to drive the green transition in the industry. He noted that AM Green’s goal of expanding green molecule capabilities aligns with BASF's vision, aiming to supply sustainable feedstocks for various chemical and consumer industries.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..