BASFY offers the first polyacrylate-based SAP with a product carbon footprint of zero for the hygiene industry.
The transition to renewable electricity will result in a considerable decrease in CO2 emissions, benefiting BASFY's operations.
BASFY, BNPQY and BAX have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2024.
BASFY strategically divests Styrodur business to focus on the expandable polystyrene market through brands, Neopor and Styropor.
The start-up of BASFY's expanded production plant marks a significant milestone in the future supply of ammonium chloride to its customers.
BASFY's mass balancing methodology helps its customers achieve their environmental goals.
The partners intend to supply renewable energy to BASFY's largest site to meet its future base load power requirements.
BASF's diversified chemical footprint and strategic investments in China, particularly the Verbund facility, will support its solid performance. Solid balance sheet and on track to deliver €2.1 billion in cost savings. BASFY's valuation is attractive, trading below EU peers, with a strong total return potential despite a reduced dividend per share.
BASF SE (OTCQX:BASFY) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Stefanie Wettberg - SVP of IR Markus Kamieth - CEO & Chairman of the Board of Executive Directors Dirk Elvermann - Member of the Board of Executive Directors, CFO & Chief Digital Officer Conference Call Participants Tom Wrigglesworth - Morgan Stanley Christian Faitz - Kepler Cheuvreux Matthew Yates - Bank of America Chetan Udeshi - J.P. Morgan Jaideep Pandya - On Field Research Alex Stewart - Barclays Peter Clark - Bernstein Andreas Heine - Stifel Geoff Haire - UBS Unidentified Analyst - Citi Georgina Fraser - Goldman Sachs Stefanie Wettberg Good morning everyone.
BASFY forecasts a surge in demand for materials for energy-efficient building renovations in the coming years.
BASF will showcase its Emulgade Verde series of emulsifiers at this year's SEPAWA Congress in Berlin.
BASF remains the world's largest chemical company, maintaining solid market shares and positions despite geopolitical and industrial macro challenges, with a strong balance sheet and credit rating. The company's strategic shift towards specialty chemicals and geographical diversification, particularly in APAC, aims to reduce cyclicality and drive future growth. BASF's agricultural segment faces challenges, but the company is focusing on specialty products and cost reductions to secure competitiveness and future growth.