BASF SE (BASFn.DE)
22 Mar 2019
KASSEL, Germany, March 21 BASF's oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration licences in 2018.
BRUSSELS, March 1 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* China's environment watchdog is considering modifying coastal ecological red lines to make space for two giant chemical projects planned by Germany's BASF < and U.S. oil major Exxon Mobil, financial publication Caixin reported on Thursday
* Shares rise 5 percent, top German blue-chip (Adds analyst, background, detail, shares)
LUDWIGSHAFEN, Germany, Feb 26 BASF on Tuesday said it would put its pigments business, with about 1 billion euros in sales, on the auction block as it continues to divest lower-margin businesses.
LUDWIGSHAFEN, Germany German chemicals group BASF reported a nearly 60 percent drop in fourth-quarter operating profit on Tuesday, due to a sharp decline in earnings at its basic petrochemical-making unit.
LUDWIGSHAFEN, Germany, Feb 26 Operating profit at German chemicals group BASF dropped by almost 60 percent in the fourth quarter due to a sharp decline at a unit making basic petrochemicals for products such as heat insulation.
ZURICH Switzerland's Sika would be interested in buying some parts of BASF's construction chemicals business but has ruled out bidding for the whole business, Chief Executive Paul Schuler told Reuters on Friday.
ZURICH, Feb 22 Switzerland's Sika would be interested in buying some parts of BASF's construction chemicals business but has ruled out bidding for the whole business, Chief Executive Paul Schuler told Reuters on Friday.
* Eyes 40 pct boost in avg daily oil output during 2021-2023 (Adds output target, background on planned IPO)