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BASF SE (BASFn.DE)

BASFn.DE on Xetra

87.75EUR
23 May 2018
Change (% chg)

€-2.05 (-2.28%)
Prev Close
€89.80
Open
€89.37
Day's High
€89.45
Day's Low
€87.20
Volume
3,294,233
Avg. Vol
2,787,315
52-wk High
€98.80
52-wk Low
€78.97

Latest Key Developments (Source: Significant Developments)

German Chemical Industry Reaffirms Expects 2018 Revenues +4.5 Pct
Wednesday, 16 May 2018 

May 16 (Reuters) - German Chemical Industry Association VCI:REAFFIRMS EXPECTS 2018 REVENUES +4.5 PCT, OUTPUT VOLUME +3.5 PERCENT, DOMESTIC PRODUCER PRICES +1.0 PERCENT.SAYS Q1 REVENUES +5.7 PERCENT, OUTPUT VOLUMES +6.7 PERCENT, DOMESTIC PRODUCER PRICES +1.4 PERCENT.SAYS BUSINESSES IN GERMANY STILL CONFIDENT ABOUT UPWARD TREND DESPITE HIGHER RISKS TO BUSINESS CYCLE.SAYS 2017 REVENUE GAIN REVISED TO +5.9 PERCENT FROM PRELIM FIGURE OF +6.0 PERCENT, 2017 OUTPUT VOLUME GAIN REVISED TO +2.9 PERCENT FROM +3.8 PERCENT.SAYS 2017 PRODUCER PRICE INCREASE REVISED TO +3.1 PERCENT FROM +3.2 PERCENT.  Full Article

BASF Raises Prices For UV Resins
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - BASF SE ::RAISES PRICES FOR UV RESINS.WILL INCREASE PRICES FOR UV RESINS WITHIN EMEA REGION BY 3 TO 10%.INCREASE EFFECTIVE IMMEDIATELY OR UNDER EXISTING CONTRACTUAL OBLIGATIONS, DEPENDING ON THE PRODUCT TYPE.  Full Article

Statoil's Snorre field extension cost slightly exceeds NOK 19 bln
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Statoil Asa ::STATOIL: INVESTING IN 25 MORE YEARS ON THE SNORRE FIELD - INVESTING IN 25 MORE YEARS ON THE SNORRE FIELD - STATOIL.COM.‍INVESTMENT WILL INCREASE RECOVERY FROM SNORRE FIELD BY CLOSE TO 200 MILLION BARRELS​.‍CONTRACTS WORTH UP TO NOK 9 BILLION WILL BE AWARDED​.‍INVESTMENT COSTS SLIGHTLY EXCEED NOK 19 BILLION​.‍PDO INVOLVES A COMPREHENSIVE SUBSEA DEVELOPMENT, UPGRADING OF SNORRE A INSTALLATION, INCREASED GAS INJECTION AND GAS IMPORT FOR INJECTION​.‍ALSO SIGNING CONTRACTS FOR SUBSEA PRODUCTION SYSTEM WITH TECHNIPFMC, FABRICATION AND INSTALLATION OF PIPELINE BUNDLE SYSTEM WITH SUBSEA 7, MODIFICATION WORK ON SNORRE A WITH AIBEL AND A RIG WITH TRANSOCEAN​.‍ALL CONTRACTS ARE SUBJECT TO FINAL APPROVAL OF PDO BY NORWEGIAN AUTHORITIES​.  Full Article

Wintershall Says Maria Field Production Begins One Year Ahead Of Schedule ‍​
Monday, 18 Dec 2017 

Dec 18 (Reuters) - BASF ::WINTERSHALL SAYS MARIA FIELD PRODUCTION BEGINS ONE YEAR AHEAD OF SCHEDULE ‍​.  Full Article

Toda Kogyo says business alliance with BASF
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Toda Kogyo Corp <4100.T>:Says the co and unit Toda America Incorporated(TAI) forms business alliance with BASF Corporation.Says two entities mainly cooperate on business related to electrode materials for lithium-ion battery in U.S. .Says unit TAI will invest in BASF TODA America LLC, which was established by BASF Corporation, and transfer plant to BASF TODA America LLC, effective Feb. 28, 2018, to develop joint venture business .  Full Article

BASF And TODA Further Strengthen Collaboration
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - BASF ::BASF AND TODA FURTHER STRENGTHEN COLLABORATION AND INCREASE INVESTMENTS IN CATHODE MATERIALS TO ENABLE E-MOBILITY‍​.  Full Article

BASF and L1 Energy announce merger of oil and gas units
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - BASF AND LETTERONE'S L1 ENERGY::ANNOUNCE THEIR INTENTION TO MERGE THEIR OIL AND GAS SUBSIDIARIES.WINTERSHALL DEA TO BE ONE OF THE LARGEST INDEPENDENT EUROPEAN EXPLORATION AND PRODUCTION COMPANIES, SAY BASF AND LETTERONE.CLOSING OF WINTERSHALL DEA DEAL COULD BE EXPECTED IN THE SECOND HALF OF 2018, SUBJECT TO CUSTOMARY REGULATORY APPROVALS.IN THE MEDIUM TERM,L1 ENERGY AND BASF INTEND TO LIST WINTERSHALL DEA THROUGH AN IPO - STATEMENT.L1 ENERGY WILLCONTRIBUTE DEA INTO WINTERSHALL AGAINST ISSUANCE OF NEW SHARES TO L1 ENERGY.SHALL INITIALLY HOLD 67 PERCENT AND L1 ENERGY SHALL HOLD 33 PERCENT OF WINTERSHALL DEA - STATEMENT.  Full Article

Mitsui Chemicals Agro And BASF Sign Commercialization Agreement For Broflanilide
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Mitsui Chemicals Inc <4183.T>::MITSUI CHEMICALS AGRO, INC. (MCAG) AND BASF SIGN COMMERCIALIZATION AGREEMENT FOR NEW INSECTICIDE WITH IRAC NOVEL MODE OF ACTION.MITSUI CHEMICALS INC SAYS UNDER TERMS MCAG GRANTED BASF EXCLUSIVE RIGHTS TO MARKET AND SELL BROFLANILIDE PRODUCTS IN CERTAIN MARKETS WORLDWIDE.MITSUI CHEMICALS INC SAYS FINANCIAL TERMS OF THIS AGREEMENT WERE NOT DISCLOSED.  Full Article

BASF To Increase Prices For Lubricant Oil Additives, Base Stocks And Finished Lubricants
Monday, 27 Nov 2017 

Nov 27 (Reuters) - BASF ::SAYS TO INCREASE PRICES FOR LUBRICANT OIL ADDITIVES, BASE STOCKS AND FINISHED LUBRICANTS GLOBALLY.TO INCREASE PRICE BY 5 TO 9 PERCENT DEPENDING ON THE SPECIFIC PRODUCT.EFFECTIVE DECEMBER 1, 2017 OR AS EXISTING CONTRACTS PERMIT.  Full Article

BASF to enter medical foods market in US with DIEM Labs
Friday, 3 Nov 2017 

Nov 3 (Reuters) - BASF SE ::BASF CORPORATION AND DIEM LABS, LLC. HAVE ENTERED INTO A DISTRIBUTION AGREEMENT‍​.  Full Article

EU mergers and takeovers (May 25)

BRUSSELS, May 25 The following are mergers under review by the European Commission and a brief guide to the EU merger process: