Top Suppliers and Manufacturers of Formic Acid in Europe 🇪🇺

BASF SE, headquartered in Ludwigshafen, Germany, is a global leader in the chemical industry, widely recognized for its vast product portfolio and innovative solutions. Since its establishment in 1865, BASF has continuously evolved, expanding its influence across various sectors such as chemicals, plastics, performance products, and agricultural solutions.

The company’s specialization lies in providing high-performance materials, catalysts, and formulation additives, all designed to enhance productivity and sustainability across a multitude of industries. BASF is also a significant player in the formic acid market, offering high-quality formic acid used in leather processing, animal feed, and as a preservative in silage.

BASF's commitment to sustainability and innovation is evident in its strategic initiatives like the ChemCycling project, which converts plastic waste into new chemical products. The company also emphasizes climate protection technologies and sustainable agriculture innovations, striving to reduce environmental impact while meeting industry demands.

Operating globally, BASF serves clients in over 190 countries and maintains a strong presence in key export markets, including Europe, North America, Asia, and Latin America. With six integrated production sites and approximately 390 other production facilities worldwide, the company ensures efficient supply chain management and responsiveness to regional market needs.

As of the latest financial data, BASF reported a revenue of €68.9 billion in 2023 and employs around 112,000 people. This extensive workforce supports the company's robust operations and its continuous drive towards innovation and sustainability in the chemical sector.

Eastman Chemical Company, headquartered in Kingsport, Tennessee, is a leading specialty materials company with a legacy of innovation spanning over a century. Founded in 1920, Eastman was originally a subsidiary of Kodak before becoming an independent entity. The company's diverse portfolio includes top products such as polymeric materials, copolymers, specialty coatings, chemicals, fibers, and plastics. Notably, Eastman is also a significant supplier of cellulose acetate fibers and specialty plastics.

Operating through four primary business segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers, Eastman serves various industries including automotive, healthcare, packaging, and more. Additionally, Eastman has a strong commitment to sustainability and the circular economy, prioritizing environmental stewardship in its operations.

With a significant global footprint, Eastman's reach extends worldwide, supported by approximately 36 manufacturing sites and a talented workforce of around 14,000 employees. The company's export markets span North America, Europe, and Asia, enabling it to effectively cater to a broad customer base.

In terms of revenue, Eastman reported an impressive $10 billion in 2022, reflecting its status as a major contributor to the global chemicals market. Known for their continuous adaptation to market demands and pioneering new technologies, Eastman remains dedicated to providing high-quality and sustainable chemical solutions.

While formic acid isn't explicitly highlighted in the available information, Eastman's extensive expertise in chemical intermediates and specialized chemicals suggests they can effectively cater to various market needs, potentially including formic acid and its derivatives.

LUXI GROUP, based in Shandong, China, is renowned for its extensive range of chemicals and chemical materials. Established in 1997, Luxi Group has built a strong reputation as a leading player in the chemical industry. Specializing in key chemical products, the company plays a significant role in the global market by providing high-quality Formic Acid, among other critical chemicals.

The product portfolio of Luxi Group includes:

• N,N-Dimethylformamide: A versatile solvent used in various chemical reactions.
• Polycarbonate: Known for its durability and wide applications in manufacturing and construction.
• Caprolactam: An essential material for producing nylon fibers and plastics.
• Methanol: Used in numerous industrial processes and as a fuel component.
• Formic Acid: A key substance in textiles, leather production, and as a preservative.

Luxi Group operates on a massive scale, with a manufacturing area exceeding 6.993 million square meters, and employs over 1000 people. This extensive operational capacity ensures that Luxi Group can meet the increasing global demand for its products. The company's commitment to quality and innovation has resulted in a substantial revenue of CNY 1904.3 million in 2023, reflecting its strong market presence.

Luxi Group's strategic initiatives and advanced production technologies have positioned it well in various export markets, aiming for further international expansion. Despite its size, the company remains agile and responsive to the evolving needs of its clientele, both domestically and internationally.

Petroliam Nasional Berhad, commonly known as PETRONAS, is Malaysia's fully integrated oil and gas multinational, established in 1974. With its corporate headquarters located in the iconic Petronas Twin Towers in Kuala Lumpur, PETRONAS has grown to become a significant player in the global energy sector.

The company specializes in various segments of the oil and gas industry, including exploration, production, refining, and distribution, ensuring a comprehensive approach to energy management. Among its top products are crude oil, natural gas, liquefied natural gas (LNG), chemicals, lubricants, and refined products. PETRONAS’s portfolio also includes diversified hydrocarbon products and initiatives in renewable energy, such as hydrogen and green mobility solutions.

Operating in over 100 countries, PETRONAS serves numerous export markets across Asia, the Americas, and Europe. The company is committed to sustainability, striving to achieve Net Zero Carbon Emissions by 2050 through various initiatives and innovations, including the recent launch of Gentari, an entity aimed at providing cleaner energy and lower carbon solutions.

Throughout its history, PETRONAS has contributed significantly to Malaysia’s economic development by maximizing the value of the country's hydrocarbon resources. As of 2022, PETRONAS reported substantial revenue of $49 billion and employs approximately 48,000 personnel worldwide, underscoring its vital role in the global energy landscape. The company's focus on innovation, sustainability, and talent development continues to set it apart as a progressive energy and solutions partner.

POLIOLI SpA is a prestigious chemical manufacturer based in Vercelli, Italy, renowned for its innovative solutions in the production of polyols and various chemical compounds. Established in 1960, the company has a rich history of technological advancements and a strong commitment to sustainability.

The company produces a wide range of essential products, including polyether polyols and polyester polyols, which are vital components in the creation of flexible and rigid foams, adhesives, coatings, and elastomers. Additionally, POLIOLI has ventured into the production of formic acid, a versatile chemical used in numerous industrial applications such as leather processing, preservative manufacturing, and as an intermediate in various chemical reactions.

POLIOLI's strategic location in Italy serves as an efficient hub for distribution, allowing the company to maintain a strong presence in markets across Europe, North America, and Asia. Their focus on quality and innovation has earned them a reputation as a reliable supplier, fostering long-term relationships with clients worldwide.

The company's commitment to sustainability is reflected in its product offerings and production processes, which are designed to minimize environmental impact. POLIOLI places a strong emphasis on research and development, continuously seeking new ways to enhance its products and meet the evolving needs of the chemical industry.

Despite facing challenges, including a period of receivership and the eventual acquisition by Swedish multinational Perstorp in 2017, POLIOLI has demonstrated resilience and adaptability. The acquisition aimed to leverage POLIOLI's valuable technological know-how and market position, although it led to significant restructuring, including the closure of the Vercelli plant in 2018, affecting 72 employees.

SoleChem Chemicals is a leading global supplier of high-quality chemical products, established in 2012 and headquartered in Istanbul, Turkey. With a strong commitment to innovation and environmental responsibility, SoleChem specializes in developing and supplying a diverse range of chemicals that cater to multiple industries such as pharmaceuticals, agriculture, textiles, and water treatment.

The company's extensive portfolio includes Formic Acid, an essential chemical used in various applications such as leather production, textile dyeing, and as a preservative in livestock feed. Other top products include Activated Carbon, Butylated Hydroxytoluene, Citric Acid, Carboxymethyl Cellulose, and a variety of industrial solvents and specialty chemicals.

SoleChem Chemicals has a well-established presence in international markets, exporting to over 23 countries, including regions in North America, Europe, and Asia. Their strategic locations, including production facilities in Başakşehir and Zonguldak, facilitate efficient logistics and ensure global distribution capabilities.

The company places a high emphasis on research and development, working closely with clients to create tailor-made chemical solutions that meet specific industry requirements. This dedication to quality and client satisfaction has made SoleChem a trusted partner, particularly in sectors such as gold mining, geothermal power plants, and industrial water treatment.

With a workforce of 11 employees, SoleChem's continued investment in advanced technologies and adherence to international safety and environmental standards underscores their commitment to sustainability and excellence in the chemical manufacturing industry. Although the company's exact revenue figures are undisclosed, its ongoing growth and market penetration highlight its significant impact and reliability in the global chemical supply chain.

Perstorp AB is a globally recognized leader in specialty chemicals, known for its innovative solutions across various industries such as automotive, construction, and consumer goods. Among its extensive product offerings, some of the top products include polyols, acrylic acid, and specialty esters, which are critical components in the production of coatings, adhesives, and plastics. Additionally, Perstorp AB has a presence in the formic acid market, providing essential chemicals that meet high industry standards.

Headquartered in Perstorp, Sweden, the company has established a robust global presence, with significant export markets in Europe, North America, and Asia. This extensive reach allows Perstorp to cater to a diverse client base, ensuring that their high-performance products are available worldwide.

Founded in 1881 by Wilhelm Wendt, originally under the name Stensmölla Kemiska Tekniska Industri, the company has a long-standing history of innovation and adaptation. Over the years, Perstorp expanded its product range and adapted its business model, originally known for acetic acid production, and later diversifying into various other chemical solutions. In 2022, Perstorp AB was acquired by the Malaysian chemical giant, Petronas Chemicals Group, marking a new chapter in its ongoing commitment to specialty chemicals.

Perstorp AB employs around 1,430 people worldwide and operates manufacturing facilities in Europe, North America, and Asia. In 2021, the company reported revenues of 13.5 billion SEK, reflecting its significant role in the global market. The company emphasizes eco-friendly practices and sustainability in its production processes, making it a trusted partner for businesses seeking environmentally sound chemical solutions.

Taminco Corporation is a prominent global specialty chemical company and a subsidiary of Eastman Chemical Company. Specializing in the production of functional and specialty amines, Taminco plays a critical role in various key industries including agriculture, animal nutrition, energy, home & personal care, and water treatment. While Taminco is not specifically noted for producing Formic Acid, its broad range of chemical offerings makes it a significant player in the industry.

Founded in 2003, Taminco has quickly established itself as a leader in diverse and attractive end markets by leveraging complementary technologies and strong platforms. The company operates through three main business divisions: Functional Amines, Specialty Amines, and Crop Protection. Key products include amines for agrochemical formulations, personal care ingredients, and industrial additives.

Headquartered in Ghent, Belgium, Taminco has an extensive global presence, operating in 19 countries with seven production facilities strategically located across the US, Europe, and Asia. This geographic diversification allows the company to effectively supply its products to a multitude of markets.

With a workforce of approximately 1,001 and 5,000 employees, Taminco places a strong emphasis on innovation and sustainability. The acquisition by Eastman Chemical Company in 2014 for approximately $2.8 billion has further strengthened its position in the global chemical sector.

Taminco's commitment to quality and customer satisfaction, along with its robust export capabilities, positions it as a reliable supplier in the international market. The company continues to expand its product offerings and geographic reach to meet the growing demands of its diverse clientele.

OxFA GmbH is a pioneering company headquartered in Scheßlitz, Bavaria, Germany. Established as a joint venture in March 2015 by JBACH GmbH and EnviTec Biogas AG, OxFA GmbH has quickly risen to prominence as a global leader in the sustainable production of formic acid from biomass. This unique capability sets them apart in the chemical industry, as they employ an innovative OxFA process that allows the conversion of renewable raw materials and biogenic residues into valuable green chemicals.

OxFA GmbH’s top products include Bio Formic Acid, a sustainable alternative used widely in sectors such as feed, food, disinfectants, and cleaning agents; Liquid Syngas (LSG), vital for producing methanol, synthetic fuels, and plasticizers; and bio-based formate salts, recognized for their ecological benefits as de-icing agents.

The company’s vision of contributing positively to environmental conservation through climate-friendly technologies is supported by the Bavarian Ministry of Economic Affairs. This recognition underscores the potential of bio-based chemicals in various applications. With an experienced team of technical experts in chemical engineering, OxFA GmbH is well-equipped to drive innovation and expand its market reach globally.

OxFA GmbH’s process involves the selective catalytic oxidation of biogenic feedstock, resulting in the production of formic acid that is stable and easy to handle, transport, and store. The formic acid produced has multiple applications across industries including livestock feed, pharmaceuticals, textiles, and leather. Additionally, its salts are utilized as de-icing agents and additives in drilling fluids.

The company actively exports to markets across Europe, Asia, and North America, establishing a significant global presence while driving the demand for sustainable chemical solutions. With their dedication to quality and research and development, OxFA GmbH continues to make strides in reducing reliance on fossil resources through innovative, eco-friendly chemical processes.