BASF Opens Licensing for Its PolyTHF 1800 Technology

19 Nov 2025 CW Team

BASF has announced that it will begin licensing its proprietary PolyTHF 1800 production technology to clients and partners across the Asia-Pacific region. The company, a global leader in PolyTHF development, currently operates three production sites for the material in China, Germany and the United States. The move aims to deepen industry collaboration, generate efficiencies and expand value creation opportunities for both BASF and its partners.

According to Abhisek Chakrabarti, Director of Strategy, Projects and Licensing, Intermediates Asia Pacific at BASF, access to the technology will support industries such as textiles, where innovation and performance are crucial. He noted that technology partnerships can help accelerate growth and enable companies to enhance product capability and competitiveness.

PolyTHF is a key raw material for the production of spandex and elastane fibres, which are widely used in applications such as sportswear, swimwear, underwear and stretch denim. The fibres provide long-term elasticity, comfort and resistance to moisture and microbial exposure.

BASF’s Intermediates division supplies more than 600 chemical products globally, serving sectors ranging from coatings and plastics to pharmaceuticals and crop protection. Its portfolio emphasises sustainability-focused solutions, including recycled and renewable offerings, as well as enhanced CO2 management to support customers’ environmental goals.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..