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Related Special Reports
...BASF and Munich Re said their choice of chairs respected the two-year cooling-off period required by German rules....
...BASF’s values”....
...out of Xinjiang mainly because “China needs the products that BASF makes [in the country]”....
...Perhaps that means that VW and BASF can finally extricate themselves from Xinjiang without a political backlash. If so, that would be good for their shareholders....
...“What Deutsche Bahn AG is doing is nothing more than the continual rejection of all demands,” GDL boss Claus Weselsky said on Wednesday on German public broadcaster ZDF....
...Last week, German chemical maker BASF announced it would sell stakes in its two Xinjiang joint ventures following reports that employees at its local JV partner had participated in state-sanctioned home...
...Aurubis said supervisory board member Markus Kramer, a former executive at chemical group BASF, would join the executive team from March, adding that recruitment for replacements had begun....
...The German carmaker has put forward Martin Brudermüller, the former head of BASF’s China business who last year warned against “China bashing”....
...Infineon is among other big German companies such as Volkswagen and BASF that have faced pressure from Berlin to reduce their reliance on China, where the company last year made 29 per cent of revenues and...
...BASF, which announced a €7.3bn writedown in January because of the loss of Russian assets, has been criticised for its dependence on the country....
...In the first 10 years, the company made more than 20 acquisitions, snapping up unloved commodity businesses from the likes of ICI, BP and BASF as these giants restructured....
...BASF, the world’s largest chemical company by revenue, last year announced it would “permanently” downsize operations in Germany....
...Shares in other German industry groups including Covestro AG, Evonik Industries and BASF rose between 3 and 5 per cent....
...Syngenta’s strong position in China means it is outpacing peer companies within chemical conglomerates Bayer and BASF. Its sales rose 18 per cent to $33.4bn last year....
...Schwager, however, who was a board member at BASF until 2017, plays down fears of disinvestment, stressing that chemical value chains are so interwoven that it would be difficult to disentangle them....
...However, global players such as BASF can temporarily soften potential supply setbacks thanks to their plants in the Americas, Asia and less affected parts of Europe, Commerzbank added....
...He and other opponents also charge that gene-edited products will further strengthen the grip of “Big Ag”, the large agricultural input companies, especially seed providers such as Bayer, Corteva and BASF...
...including the leaked “Xinjiang Police Files”, which were published in the German press, have provided further evidence of the oppression of Uyghurs, and forced companies including VW and chemicals group BASF...
...The price delivers a SFr2bn bump over the amount the private equity group paid when it acquired MBCC from BASF in 2019. But a booming construction market helps Sika make the numbers add up....
...Although, its share price had outrun peers such as BASF and EMS Chemie in the past six months. Some of that excitement is because of Clariant’s push into biofuels....
...Wintershall Dea is majority owned by German chemicals giant BASF....
...Wintershall Dea is majority owned by German chemicals group BASF, and has been working with Russian gas for more than 30 years....
...For example, companies such as BASF, Johnson Matthey and Umicore are racing to become producers of electric car battery materials....
...Deutschland AG is deeply embedded in China. BASF made sales of €7.3bn in China, Taiwan and Hong Kong in 2018, 11.6 per cent of its revenue....
...Bayer said it stood behind its products while BASF said it was “surprised and disappointed with the jury’s decision”....
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