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BASF posts loss due to oil and gas subsidiary – austerity program underway
The German chemical giant BASF, like the rest of the industry, is feeling the effects of sluggish global demand.
November03,2023
BASF hit by weak global demand, swings to net loss in third quarter
German chemicals maker BASF said it is feeling the effects of weak global demand as it reported significant declines in sales and operating profits in the third quarter.
November01,2023
BASF expands its Innovation Campus Shanghai further
German chemical giant BASF inaugurated the expansion of its Innovation Campus Shanghai in China on Wednesday, aiming to improve its innovation capabilities and improve support for its customers in China and across the Asia Pacific region.
June29,2023
BASF to build new unit in its Zhanjiang Verbund base at S. China's Guangdong
German chemical giant BASF announced Tuesday it will build two new projects, including a citral unit in its Zhanjiang Verbund base at south China's Guangdong Province and a downstream menthol & linalool unit in Ludwigshafen, Germany.
March09,2023
German chemical company BASF expects to post 2022 loss
German chemical giant BASF said that it expects to report a loss for the fiscal year, compared to last year's profit.
January19,2023
German chemical company BASF earns significantly less in Q3
German chemical company BASF earned significantly less in the third quarter than in the previous year due to write-offs.
October14,2022
German chemical giant BASF advances mega project in China
German chemical giant BASF SE has greenlighted the construction of the planned Verbund site in the city of Zhanjiang in south China's Guangdong Province, according to the company.
July21,2022
BASF to purchase renewable energy power from alternative asset manager Brookfield for China base
German chemical giant BASF on Tuesday signed a 25-year fixed-price renewable energy power procurement agreement with Brookfield, an alternative asset manager, under the renewable energy trading rules of south China's Guangdong Province, reported Securities Daily Wednesday.
May13,2022
BASF announces drop in first quarter preliminary net income
German chemical giant BASF announced on Monday that its preliminary net income for the first quarter of 2022 was €1.22 billion ($1.33 billion).
April15,2022
Chemicals company BASF to build new plant in Alsace
German chemicals group BASF plans to build a new plant in the Alsace region of France and expand its operations in Freiburg, in the southern German state of Baden-Württemberg.
January20,2022
Chinese battery giant to partner with BASF on battery materials
Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, announced on Thursday a framework agreement with German chemical giant BASF on battery materials solutions, including cathode active materials (CAM) and battery recycling.
September17,2021
Global downturn hits Germany's BASF in third quarter
German chemicals giant BASF on Thursday posted a decline in turnover in the third quarter, hit by a downturn in the global economy and lower prices in its chemicals and materials units.
October25,2019
BASF expands partnership with China’s Sinopec
The chemical giant BASF wants to expand its cooperation with Sinopec, the Chinese natural gas and petroleum company.
November01,2018
The e-cars trend: BASF builds new plant for battery materials
Germany's chemical group BASF is building a new production facility for battery materials in Finland, as the market of electric vehicles grows rapidly.
October24,2018
BASF: Construction of new acetylene plant on schedule
Chemical giant BASF is making good progress with the construction of a new plant for the production of acetylene, an important starting material, at its Ludwigshafen site. The work is on schedule.
August15,2018
EU raises concerns over BASF plans to buy Solvay's nylon business
The European Commission raised concerns earlier this week that the planned takeover of Solvay's nylon business by German chemicals giant BASF could restrict competition, leading to higher prices.
June29,2018
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