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Worley Awarded A Services Contract By BASF For New Battery Material Plant In Finland
BASF Reiterates Sees Q2 Operating Profit In Low Triple Digit Million Euro Range
Deutsche Bank’s DWS Backs BASF’s Chairman-Designate Kurt Bock
BASF SE is a Germany-based chemical company. The Company operates through six segments, which include Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. The Chemicals segment consists of the Petrochemicals and Intermediates divisions. The Materials segment consists of Performance Materials and Monomers divisions. The Industrial Solutions segment consists of Dispersions & Pigments and Performance Chemicals divisions. The Surface Technologies segment consists of Catalysts, Coatings and Construction Chemicals divisions. The Nutrition & Care segment consists of Care Chemicals and Nutrition & Health divisions. The Agricultural Solutions segment consists of Agricultural Solutions division, which focuses on provision of crop protection products and seeds.
Chemicals - Plastics & Rubber
Chairman of the Board of Executive Directors of the Board and Chief Technology Officer
Kurt Wilhelm Bock
Chairman of the Supervisory Board
Independent Vice Chairman of the Supervisory Board, Employee Representative
Vice Chairman of the Board of Executive Directors, Chief Financial Officer
Member of the Board of Executive Directors
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BASF <BASFn.DE> said on Friday it slid to a second-quarter net loss on an 800 million euro ($903 million) impairment against its stake in energy group Wintershall DEA on worsening prospects for oil and gas prices.
BASF, the world's largest chemicals maker by sales, said it was mindful of the risk of an unsolicited takeover approach or of an attack from activist investors and was ready to react.
BASF <BASFn.DE> scaled back its investment budget on Thursday and said it could not rule out a second quarter operating loss as the coronavirus crisis hit automakers, who are the chemicals giant's largest customers.
Germany's BASF said on Thursday first-quarter operating earnings fell 6% as demand for basic petrochemicals was dragged lower by the fallout from the coronavirus pandemic.
Germany's BASF <BASFn.DE> said on Wednesday it was withdrawing its outlook for 2020 as it was impossible to estimate the length and further spread of the coronavirus pandemic but it still proposed an unchanged dividend for 2019 of 3.30 euros per share.
Germany's BASF <BASFn.DE>, Finland's Fortum <FORTUM.HE> and Russia's Nornickel <GMKN.MM> on Friday said they signed an agreement to map out a battery recycling cluster in Finland to cater the electric vehicle market.
BASF will choose the Frankfurt stock exchange for a planned listing of oil and gas business Wintershall Dea during the second half of the year, finance chief Hans-Ulrich Engel told a news conference on Friday.
Germany's BASF <BASFn.DE> warned that earnings could drop further this year after the fallout from the coronavirus outbreak has started to weigh on demand, further slowing down the auto industry, its largest customer group.
Operating income at Germany's BASF increased by 23% in the fourth quarter, boosted by a stronger-than-expected agriculture business.
A Missouri jury's $265 million (203.30 million pounds)award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer <BAYGn.DE> and BASF <BASFn.DE> has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this...
German agrochemicals group Bayer said on Sunday it would appeal a U.S. jury's $265 million damages award against it and BASF in favour of a Missouri farmer who said the company's dicamba herbicide had destroyed his peach orchards.
German chemical giant BASF <BASFn.DE> diverted some products to Europe from its Chinese clients following a coronavirus outbreak that has disrupted logistics and delayed factories from resuming operations.
Chemicals giant BASF <BASFn.DE> on Wednesday picked a site in the eastern German state of Brandenburg for its second European battery materials factory, part of a 400 million euro investment plan to tap into the growing electric vehicle market.
* Decision marks 2nd win for Brandenburg, home to new Tesla plant
German chemicals conglomerate BASF announced on Wednesday it had selected a new battery materials production site in the eastern state of Brandenburg as part of its plan to support the electric vehicles value chain in Europe.
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.
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