Statement from BASF on cancellation of Newport “biomass” incinerator

From: Michael E Heltzer []
Sent: Thursday, March 04, 2010 1:28 PM
Subject: Statement from BASF

Statement Regarding Termination of Intrinergy Agreement

BASF and Intrinergy have mutually agreed to terminate the energy supply agreement that we signed in April of 2008, thus ending the project to develop a combined heat and power system for our Newport, Delaware site using biomass fuel. We continue to believe that it is important to explore alternative energy options that are cost effective and reduce our reliance on fossil fuels; however it is not feasible at this time. Ciba, and now BASF remains firmly committed to Responsible Care

Michael E. Heltzer
Government Affairs Manager
BASF Corporation
100 Campus Drive
Florham Park, NJ 07932
Phone:  (973) 245-6035

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