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

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

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.

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.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?