BASF has partnered with Dutch start-up company, Ahrma Holding to work on logistic solutions, investing EUR5m (US$5.89m) in Ahrma shares.

“There is great interest in the smart use of logistics data as companies in all industries look for transparent, reliable information in real-time to optimise their supply chain,” said BASF’s Performance Materials division president, Raimar Jahn.

Ahrma offers a supply chain solution consisting of a pallet coated with BASF’s polyurethane (PU) spray system Elastocoat C and equipped with an active wireless transponder. Ahrma also offers its transponder as a stand-alone technology for retro-fitting existing assets or entirely new application areas.

First pilot applications of Ahrma’s smart pallet at BASF customers have taken place with the technology providing users insights on the position and movement of shipped goods, temperature fluctuations, load state and any possible impact or dropping. Such transparency is used to improve processes, reduce waste and save costs.

“We believe that there is great potential far beyond the chemical industry for an offering like this,” added Jahn.

For his part, Ahrma founder and CEO, Erik de Bokx, added: “With customers in almost every market and industry, and a strategic path towards digitalisation, BASF is an ideal partner for us to further develop our smart platform concept and surrounding Internet of Things infrastructure.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.