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Contract prices (Western Europe)
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Martin Brudermüller
CEFIC
BASF boss Brudermüller re-elected president of chemical industry association
12.10.2022
BASF
First electric steam cracker to be connected to grid in 2023 / Demonstration plant with partners Sabic, Linde / German government grants of almost EUR 15 mn
05.09.2022
BASF
Final approval for Zhanjiang Verbund site / First wholly owned cracker due onstream in 2026 / Complex to be bigger than Nanjing site
25.07.2022
BASF
Feasibility study for large heat pump at German headquarters / Collaboration with MAN Energy Solutions
07.07.2022
MANAGEMENT
Ukraine war, related sanctions to boost German insolvencies / Plastics industry likely to suffer more than general economy
20.04.2022
BASF
Petchem giant sticks to ambitious climate goals / CO2 output to be cut 25% by 2030 / Ready to supply first net-zero products
04.04.2022
BASF
Sales jump one-third in 2021 / EBIT before special items more than doubles / Earnings to ease in 2022
28.02.2022
CHEMICAL INDUSTRY
Producers grapple with EU's proposed regulatory changes / Cost of compliance said to be daunting / Cefic seeks navigable path to Green Deal
09.12.2021
BASF
Comprehensive plans to meet climate goals faster: Net Zero Accelerator / Standalone renewable energy company / CCS project at Antwerp
30.11.2021
BASF
Strong Q3 thanks to price hikes for chemicals, plastics / 2021 outlook raised again
28.10.2021
EU CLIMATE POLICY
“Fit for 55” leads to hot debates in the industry / EU unveils long-awaited climate package / Transportation to be included in ETS / Chemical and waste sectors mostly on board
19.07.2021
BASF
Renewable energy for new site at Zhanjiang / Plastics plants set to start first / Investment in Vattenfall windfarm
28.06.2021
BASF
Plans for 2 GW North Sea wind farm with utility giant RWE / Output would supply a quarter of Ludwigshafen's power needs
26.05.2021
BASF
Outlook revised higher / Strong end of 2020 continues into Q1 / Sales up 16%
04.05.2021
BASF
German chemicals and plastics giant dons green-coloured glasses / Lower carbon emissions and higher share of renewables are key / Sustainability could also be a business
06.04.2021
CHEMICAL INDUSTRY
Output falls 2% in 2020, but Cefic forecasts 3% growth for 2021 / Cost of EU's Green Deal plans clouds economic outlook
08.03.2021
BASF
Strong Q4 compensates for earlier weakness / Materials and monomers stand out / Auto industry recovery underpins 2021 outlook
01.03.2021
BASF
Maas-Brunner tapped as CTO / Heinz succeeds Smith in management of plastics-related areas
21.12.2020
BASF
German petrochemical giant launches own circular economy scheme / Closing the materials loop / Chemical recycling projects with partners
18.12.2020
CHEMICAL INDUSTRY
Pandemic hits EU 27 sales, output in first nine months / Circular economy can cushion economic blows
08.12.2020
CEFIC
BASF CEO Martin Brudermüller elected new president
19.10.2020
BASF
Uptake agreement with New Energy for pyrolysis oil / ChemCycling project
08.09.2020
BASF
Pandemic leads to quarterly loss / Plastics businesses in slump / Q3 unlikely to bring relief / EU approves construction chemicals sale
30.07.2020
BASF
Plastics segments already significantly weaker / Q2 will show actual consequences of coronavirus pandemic / Only few plant shutdowns to date
04.05.2020
BASF
Sales down 2%, EBIT falls 28% in 2019 / Isocyanates prices, cracker margins and maintenance turnarounds play a role
28.02.2020
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