|Bid||0.00 x 139300|
|Ask||0.00 x 16500|
|Day's Range||81.95 - 83.90|
|52 Week Range||78.97 - 98.80|
|PE Ratio (TTM)||12.59|
|Earnings Date||Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
FLORHAM PARK, N.J. and OAKLAND, Calif., July 13, 2018-- BASF will donate $7 million toward the construction of a new state-of-the-art, interdisciplinary research chemistry facility at the University of ...
The Kremlin on Thursday rejected U.S. President Donald Trump's description of Germany as a "captive" of Russia due to its energy reliance, saying his statement was part of a U.S. campaign to bully Europe into buying American energy supplies. Trump told Germany at a NATO summit in Brussels on Wednesday that it was wrong to support an $11-billion Baltic Sea pipeline to import even more Russian gas while being slow to meet NATO targets for defence spending.
BEIJING—The U.S.’s plan to wallop China with new tariffs is putting Beijing in a bind, forcing it to retaliate in ways likely to cast doubt on its commitment to rules-based global trade. The Trump administration’s announcement that it plans to clamp 10% tariffs on a further $200 billion in Chinese goods—from tech gear like routers to furniture and handbags—stoked anger and hand-wringing among Chinese officials on Wednesday. China doesn’t import enough from the U.S. to match Washington dollar for dollar as it has in previous rounds, so Beijing is reviewing plans to hit back in other ways, said Chinese officials familiar with the plans.
Germany's BASF managed to wrap up a preliminary deal to build China's first wholly foreign-owned chemicals complex quite quickly, aided in part by trade tensions between Beijing and Washington, sources with knowledge of the matter said. The proposed complex, worth some $10 billion in investment to 2030, will be located in Guangdong, China's most populous province which had been worried about the impact of a U.S. decision to heavily penalise telecom firm ZTE Corp, also based there.
Germany's BASF managed to wrap up a preliminary deal to build China's first wholly foreign-owned chemicals complex quite quickly, aided in part by trade tensions between Beijing and Washington, sources with knowledge of the matter said. The proposed complex, worth some $10 billion in investment to 2030, will be located in Guangdong, China's most populous province which had been worried about the impact of a U.S. decision to heavily penalise telecom firm ZTE Corp , also based there.
BASF (BASFn.DE) is considering building a chemical production site in the South Chinese province of Guangdong, which the German chemicals group said would be its first wholly-owned plant in China. China unveiled only last month a long-anticipated further easing of foreign investment curbs as Beijing moved to fulfil its promise to open its markets further. BASF Chief Executive Martin Brudermueller and a Guangdong representative on Monday signed a Memorandum of Understanding for the construction of the $10 billion site, which could employ 2,000 staff plus 1,000 external contractors by completion in 2030.
BASF SE plans to spend as much as $10 billion on a second chemical complex in China, its largest expansion project yet. Chief Executive Officer Martin Brudermueller discusses the plan with Bloomberg's ...
Moody's Investors Service today assigned a B3 corporate family rating (CFR) and a B3-PD probability of default rating (PDR) to Ignition Topco BV (Ignition). Moody's also assigned a B2 rating to the EUR260 million term loan B (TLB) and the EUR50 million revolving credit facility (RCF) borrowed by Ignition Midco BV.
German chemicals group BASF (BASFn.DE) has shut down production of ibuprofen at its plant in Bishop, Texas because of a technical problem, a spokesman for BASF said on Wednesday. The spokesman said it could take until early September to fix the problem at the plant, where ibuprofen production has been shut down since June 3. BASF last year announced plans to invest around 176.42 million pounds($232.74 million) in a new ibuprofen plant at its headquarters in Ludwigshafen in Germany and to expand the Bishop site's production capacity.
German chemicals group BASF has shut down production of ibuprofen at its plant in Bishop, Texas because of a technical problem, a spokesman for BASF said on Wednesday. The spokesman said it could take until early September to fix the problem at the plant, where ibuprofen production has been shut down since June 3. BASF last year announced plans to invest around 200 million euros ($232.74 million) in a new ibuprofen plant at its headquarters in Ludwigshafen in Germany and to expand the Bishop site's production capacity.
BASF India Limited (NSE:BASF) is a small-cap stock with a market capitalization of ₹87.33b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on BASF SE (FRA:BAS) due to its excellent fundamentals in more thanRead More...
“This growing need for mobility creates challenges, but at the same time provides vast opportunities to develop innovative technologies that address these,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer (CTO) of BASF. BASF, the world’s leading chemical supplier to the automotive industry, provides a wide range of automotive solutions such as mobile emission catalysts, coating systems, high-performance plastics and fuel additives. Since the development of the catalytic converter in 1973, catalytic technologies by BASF have eliminated over one billion tons of pollutants. BASF has been and will continue to be committed to improve air quality.
I am going to run you through how I calculated the intrinsic value of BASF SE (DB:BAS) using the discounted cash flow (DCF) method. If you want to learn moreRead More...
Moody's Investors Service ("Moody's") today downgraded the senior unsecured notes rating assigned to Bayer AG (Bayer) and its guaranteed subsidiaries Bayer US Finance LLC, Bayer Capital Corporation B.V., Bayer Corporation and Bayer Holding Ltd. to Baa1 from A3. Moody's also downgraded the senior unsecured MTN programme rating assigned to Bayer, Bayer Capital Corporation B.V., Bayer Holding Ltd. and Bayer Nordic SE to (P)Baa1 from (P)A3, and the ratings assigned to the hybrid notes issued by Bayer to Baa3 from Baa2.
Moody's Investors Service ("Moody's") has assigned B2 ratings to Solenis International L.P.'s (B3 Corporate Family Rating, stable outlook) proposed $1.25 billion senior secured first-lien term loan due 2025 and $200 million senior secured revolving credit facility due 2023, as well as a Caa1 rating to the proposed $400 million senior secured second-lien term loan due 2026. The proposed first and second lien debt instruments will be borrowed by a number of entities including Solenis Holdings 1 LLC, Solenis Holdings 2 LLC, and Solenis Holdings 3 LLC, and will be guaranteed by Solenis International L.P. The proceeds of the term loans will be used to repay Solenis' existing term loans, after the announcement on May 3, 2018 that BASF will sell its paper and water chemicals business to Solenis in exchange for a 49% equity stake in the combined company.
Bayer said on Tuesday said the European Commission had approved BASF as a suitable buyer of the businesses Bayer will divest to win regulatory approval for the planned acquisition of Monsanto. The EU commission, which is Europe's antitrust regulator, ruled in March that the assets Bayer agreed to shed are sufficient to approve the Monsanto deal, but it had yet to give a final nod on whether BASF would sufficiently stoke competition as new owner.
German seed seller KWS Saat has made an eleventh-hour bid for Bayer's vegetable seed business, which Bayer is selling to BASF to get approval of its planned purchase of Monsanto . KWS, the world's No.1 supplier of sugarbeet seeds, on Tuesday said its non-binding proposal was first made to Bayer on Jan. 26, but not disclosed to investors at the time.
May 23 (Reuters) - Daya Materials Bhd: * UNIT GETS CONTRACT FROM BASF PETRONAS CHEMICALS SDN FOR PROVISION OF IHC–LIFTING AND RIGGING SERVICES Source text : ( https://bit.ly/2GIM3zU ) Further company coverage:...
GEISMAR, La., May 21, 2018-- As part of its workforce development efforts, BASF sponsored the national 2018 Troubleshooting Skills Competition whose final round of competition was held in late April at ...
Russian President Vladimir Putin said at a meeting with German Chancellor Angela Merkel on Friday that he would stand up to any attempts by U.S. President Donald Trump to block a Russian-German gas pipeline project. Berlin and Moscow have been at loggerheads since Russia's annexation of Crimea four years ago, but they share a common interest in the Nord Stream 2 pipeline project, which will allow Russia to export more natural gas to northern Europe.
For the sixth consecutive year, BASF was named one of the Top 50 Companies for Diversity by DiversityInc, moving up eight places from 25 in 2017 to 17 in 2018. "We recognize the power of diversity and inclusion as great for business and indispensable to creating strong teams and work environments,” said Wayne T. Smith, Chairman and CEO of BASF Corporation.
Moody's Investors Service said that the acquisition of BASF's paper and water chemicals business will be modestly credit positive for Solenis International, L.P. (B3 stable) given the improvement in business profile and expected synergies. Moody's will continue to monitor the financing arrangements for the acquisition and assess the overall credit impact on Solenis.