BASF sets new direction with corporate strategy and maintains …
WEB1 day ago · BASF’s strong balance sheet and cash flows will support the payment of dividends and the execution of share buybacks. Furthermore, the company will bring down capital expenditures well below depreciation from 2026 onward, i.e., after the startup of the Zhanjiang Verbund site in China as of 2025.
BASF presents new corporate strategy:
WEB1 day ago · With today’s presentation of its corporate strategy, BASF is setting a new direction: “Our ambition is to be the preferred chemical company to enable our customers’ green transformation,” says Dr. Markus Kamieth, BASF’s Chairman of the Board of Executive Directors, during his keynote at the Capital Markets Day in Ludwigshafen: “The ...
BASF slashes dividend for next 4 years amid structural overhaul
WEB1 day ago · German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe and eyes ...
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift
WEB1 day ago · BASF cut its annual dividend and opened the door to shedding noncore assets, including a potential listing of its agricultural-chemicals business, as part of the German chemicals giant’s new ...
BASF Seeks Overhaul With Lower Dividend, Focus on Core Units
WEB1 day ago · BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.
Germany's BASF to focus on 'core units' in major overhaul
WEB1 day ago · German chemicals giant BASF said Thursday it would focus on cost cutting and strengthening its "core businesses" in the years ahead as it unveiled details of a major overhaul.
BASF slashes dividend amid worsening German industrial gloom
WEB1 day ago · BASF, the world’s largest chemicals group, has slashed its dividend by a third, plans to cut capital expenditure and is preparing to partially list its agricultural unit as it battles its worst...
News Releases - BASF
WEBSep 12, 2024 · In a recently published report, BASF has shared the first results from its multi-year Global Carbon Field Trials. The results demonstrate that a reduction of greenhouse gas (GHG) emissions in agriculture of up to 30 percent is possible compared to standard farming approaches – a target to which the …
BASF Slashes Dividend, Weighs Unit Listing as Slump Deepens
WEB1 day ago · (Bloomberg) -- BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent ...
BASF hopes pricing power will boost profit growth later in the year
WEBJul 26, 2024 · BASF is banking on regaining pricing power to speed up earnings growth in the second half after the German chemicals group's adjusted profit edged 0.6% higher in the second quarter, with China ...
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