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BASF To Double Production Of Automotive Refinish Coatings At Chinese Site
Wintershall DEA Ups FY Production Guidance To 640 mboe/d
BASF Says Officially Launched Its Smart Verbund Project In Zhanjiang, China,
BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions. The Functional Materials & Solutions segment consists of the Catalysts, Construction Chemicals, Coatings and Performance Materials divisions. The Agricultural Solutions segment consists of the Crop Protection division. The Oil & Gas segment comprises Oil & Gas division, which focuses on the exploration and production in oil and gas producing regions in Europe, North Africa, Russia, South America and the Middle East.
Chemicals - Plastics & Rubber
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Chairman of the Board of Executive Directors, Chief Technology Officer
Independent Vice Chairman of the Supervisory Board, Employee Representative
Vice Chairman of the Board of Executive Directors, Chief Financial Officer
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Private equity firm Lone Star has entered a deal to buy BASF's <BASFn.DE> construction chemicals business for 3.17 billion euros ($3.5 billion) on a cash and debt-free basis, the German chemicals company said on Saturday as it seeks to focus on more profitable operations.
Private equity firm Lone Star has entered a deal to buy BASF's <BASFn.DE> construction chemicals business for 3.17 billion euros (£2.7 billion) on a cash and debt-free basis, the German chemicals company said on Saturday as it seeks to focus on more profitable operations.
Banks are lining up around €1.5bn-equivlent of debt financing to back a sale of BASF’s construction chemicals business, after the German chemicals company entered into exclusive talks with Lonestar over the disposal of the unit.
Lone Star has entered exclusive negotiations to buy BASF's <BASFn.DE> construction chemicals business as the German chemicals company seeks to focus on more profitable operations, people close to the matter said.
German chemical giant BASF <BASFn.DE> has begun construction of its $10-billion (£7.8 billion) integrated petrochemicals project in China's southern province of Guangdong, the company said in a statement on Saturday.
FRANKFURT - German chemicals group BASF <BASFn.DE> has asked the two remaining private-equity suitors of its 3 billion euro (£2.6 billion) construction chemicals unit for final bids by Friday, three people close to the matter said.
FRANKFURT - German chemicals group BASF <BASFn.DE> has asked the two remaining private-equity suitors of its 3 billion euro ($3.3 billion) construction chemicals unit for final bids by Friday, three people close to the matter said.
LafargeHolcim <LHN.S> has distanced itself from bidding for BASF's <BASFn.DE> construction chemicals business, with the cement maker's Chief Executive Jan Jenisch saying his company has no plans for large acquisitions at the moment.
LafargeHolcim has distanced itself from bidding for BASF's construction chemicals business, with the cement maker's Chief Executive Jan Jenisch saying his company would not consider large deals.
Germany's BASF <BASFn.DE> will likely pick Germany as the site for its next plant to produce chemicals for batteries used in electric cars, the group's CEO told Manager Magazin.
Operating income at Germany's BASF <BASFn.DE> dropped 24% during July-September as uncertainty over trade disputes weighed on prices for its basic petrochemicals and foam ingredients.
German chemicals maker BASF is teaming up with partners to study the feasibility of a petrochemical complex in India worth up to $4 billion, which would be the world's first to be fully powered by renewable energy.
BASF <BASFn.DE> told investors on Friday it was pressing on with its drive to make its business simpler and more efficient, confirming its forecasts after issuing a profit warning in July while cautioning that visibility was low.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
* BASF also selling construction chemicals unit (Adds equity deal value, DIC's rationale)
German chemicals maker BASF <BASFn.DE> on Thursday stuck with its investment budget and future earnings forecasts to try to move on from a surprise cut to its profit outlook for 2019 earlier this month that hit its shares.
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico's peso tumbled after the country's finance minister resigned.
German shares drove Europe lower on Tuesday after a profit warning from chemicals giant BASF citing trade friction put chemical and auto makers on the back foot, while a slump in copper prices knocked mining stocks.
BASF <BASFn.DE> shares fell almost 7% early on Tuesday after an overnight profit warning in which the German chemicals giant citing trade friction forecast a 30% fall in adjusted annual operating profit instead of a rise.
European shares opened lower on Tuesday in what could be their third straight day of losses as German shares fell sharply due to a profit warning from chemicals giant BASF.
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