Tag: BASF
Demand dropped: BASF surprises with profit increase
demand dropped BASF surprises with profit increase 4/12/2023, 5:19 p.m BASF takes in significantly less in the first quarter. But the bottom line is that the group earned considerably more.…
“We always tend to extremes”: How is the German economy really doing?
“We always go to extremes” How is the German economy really doing? By Jannik Tillar 3/5/2023 1:43 p.m The mood in the German economy is improving, the risk of recession…
Fifty Shades of Gray – When it comes to car colors, we are creative – or not
Chronos gray metallic, Manhattan grey, terra grey, sophisto grey, graphite grey, skyscraper metallic, selenite grey, dolphin gray metallic, magnetic metallic, urano grey, mineral grey, steel grey, highland gray and dolomite…
BASF plans to cut 2,600 jobs mainly in Europe
CL Published on 02/24/2023 at 11:06 Photo credit © ChaunuPictures (Boursier.com) — The German group…
Hit by the gas crisis, the chemist BASF will cut thousands of jobs
At the headquarters of chemical giant BASF in Ludwigshafen, western Germany, on February 24, 2023 (AFP/Daniel ROLAND) The era of cheap gas is over: the German chemical giant BASF will…
Weak results expected: BASF cuts jobs and closes plants
Weak results expected BASF is cutting jobs and closing plants 2/24/2023 7:37 am The economy is sluggish, energy costs are depressing, competitiveness is suffering: BASF decrees a cost-cutting program that…
Brudermüller critic Dubourg leaves BASF
Saori Dubourg will not be the first female CEO of the chemical company BASF. The 51-year-old German-Japanese will probably leave the company on February 28th. “On the best of terms,”…
BASF: Credit Suisse downgrades to ‘underperformance’
(CercleFinance.com) – Credit Suisse announced on Friday that it had downgraded its opinion on BASF, which it reduced from ‘outperformance’ to ‘underperformance’ with a new price target set at 46…
BASF announces heavy annual loss due to writedowns in Russia
At the headquarters of the chemical group BASF in Ludwigshafen, western Germany, on October 5, 2022 (AFP/Archives/ANDRE PAIN) The German chemical giant BASF announced on Tuesday a net loss of…
BASF gives up Wintershall Dea business in Russia
Dhe chemical group BASF has given up hope that its subsidiary Wintershall Dea will be able to withdraw safely from Russia. The actual possibilities of influence are largely gone, the…
Dea gives up business in Russia: Moscow’s war ruins BASF’s balance sheet – high loss
Dea gives up business in Russia Moscow’s war ruins BASF’s balance sheet – high loss 01/17/2023, 8:38 p.m The chemical group BASF reports deep red numbers for the past year.…
BASF: chosen as a strategic supplier by PPES
(CercleFinance.com) – BASF announces that it has been selected as a strategic supplier of high-performance cathode active materials by battery manufacturer PPES (Prime Planet Energy & Solutions), a joint venture…