Keyword: BASF

News

BASF to Quit Synvina JV

03.01.2019 - Following disagreement about the future of their Synvina joint venture, BASF has notified partner Avantium that it will exit as of Jan. 15, 2019. The companies are still discussing...

News

BASF Cuts 2018 Earnings Outlook

10.12.2018 - Just five weeks after presenting third-quarter financial results and forecasting a slight decline in EBIT before special items for full year 2018 and a little over two weeks after...

News

Covestro Completes Share Buyback

07.12.2018 - A year earlier than planned, German engineering plastics producer Covestro has completed a buyback of company shares worth €1.5 billion, or 10% of its capital stock. The Leverkusen...

Markets & Companies

One Belt, One Road

29.11.2018 - The Belt and Road Initiative (BRI), also called the One Belt, One Road policy (OBOR), is an initiative launched by the Chinese government in 2013. The core idea is to improve...

News

BASF Halts TDI Plant due to Shipping Woes

29.11.2018 - Due to low water levels on the Rhine River, BASF has been faced with restrictions on shipping, and this week was forced to shutter its mammoth TDI plant at Ludwigshafen due to a...

News

BASF Cutting US Jobs in Solenis Merger

27.11.2018 - BASF Corporation is eliminating 50 jobs as it shuts operations in the environs of Charlotte, North Carolina, USA, and merges its paper wet-end and water chemicals business into US...

News

BASF Chief Touts new Group Strategy

22.11.2018 - Martin Brudermüller, CEO of BASF since May, this week unveiled a new business strategy aimed at guiding the chemical giant through expected and unexpected turbulence ahead. In a...

News

BASF invests in Chinese 3D Printing Firm

08.11.2018 - BASF Venture Capital is taking an unquantified stake in Prismlab, a leading Chinese provider of 3D printing processes and 3D printers headquartered in Shanghai. This is the BASF...