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BASF to Cut Jobs, Launch Further Cost-Cutting Measures at German Production Site
The Wall Street Journal· 3 months agoEUROPEAN BUSINESS NEWS BASF said that it will cut jobs as it plans to launch another cost-cutting...
New chief executive faces challenges at German chemical giant BASF
dpa international via Yahoo Finance· 3 weeks agoThe outgoing top executive at Germany's BASF, Martin Brudermüller, warned of challenges and...
Groups Collaborate to Electrify Chemical Processing Plants
POWER Magazine via Yahoo Finance· 3 weeks agoThree major chemical processing companies announced the startup of a demonstration plant to show the...
BASF slumps after massive writedowns in Russia trigger €4.8 billion loss
Investing.com via Yahoo Finance· 1 year agoBy Geoffrey Smith Investing.com -- BASF (ETR:BASFN) stock fell to its lowest in eight weeks on Friday after the German chemicals giant followed through with threats to cut thousands of jobs ...
DyStar Closing 125-Year-Old German Indigo Plant
Sourcing Journal via Yahoo News· 1 year agoLast year, DyStar celebrated 125 years of indigo production at a German facility. This year, it’s closing those doors. On April 21, the specialty...
China property crisis deepens as Moody's withdraws credit ratings
The Telegraph via Yahoo Finance· 3 months agoAn unfinished residential compound developed by China Evergrande Group in the outskirts of...
New BASF CEO greeted with drop in Q1 earnings
Reuters via Yahoo Finance· 3 weeks agoBERLIN (Reuters) -Germany's BASF began the year with a drop in sales and adjusted earnings, giving the chemical maker's new CEO plenty to tackle as he...
As Russia cuts gas, German industry grapples with painful choices
Reuters via Yahoo Finance· 2 years agoThe German companies that drive Europe's biggest economy are contemplating painful cuts to their...
Germany's BASF to shed 2,600 jobs in cost-cutting drive
AP Finance via Yahoo Finance· 1 year agoChemicals maker BASF said Friday that it plans to cut around 2,600 jobs in a cost-cutting drive spurred in part by the impact of high energy prices. BASF, which is based in Ludwigshafen, Germany ...
Analysis-German industry changes tack as river Rhine runs drier
Reuters via Yahoo Finance· 10 months agoGerman industry is finding new ways to transport cargoes from coal to chemicals as increasingly...