This expansion highlights BASF's commitment to local manufacturing and its capacity to quickly adapt to customer needs.
The Hy4Chem project is funded by the German Federal Ministry for Economic Affairs and Climate Action with BASFY investing Euro 25 million.
BASFY and NIO sign an agreement to collaborate in the electric vehicle coatings sector.
BASFY constant improvement of its carbon footprint helps its customers meet their sustainability goals by sourcing products from Chemetall.
BASF (BASFY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
BASF's Global Carbon Farming Program helps barley farmers in Ireland adopt sustainable methods, including cover crops.
Markus Kamieth, CEO of BASF, discusses the firm's full-year earnings, the German election and the chemical industry.
BASF's strategic shift includes exiting the Brazilian decorative paints business and the upcoming Agricultural Solutions IPO, aiming for EPS accretive moves. The new CEO's Fiscal Year 2025 EBITDA guidance is below Wall Street estimates. In our numbers, BASF FCF will not be sufficient to cover the company's shareholders' remuneration. Given the challenging macro environment and a lower DPS, we moved the BASF rating to neutral.
BASF SE (OTCQX:BASFY) Q4 2024 Earnings Conference Call February 28, 2025 3:30 AM ET Company Participants Stefanie Wettberg - Senior Vice President, Investor Relations Markus Kamieth - Chief Executive Officer Dirk Elvermann - Chief Financial Officer Conference Call Participants Thomas Wrigglesworth - Morgan Stanley Christian Faitz - Kepler Cheuvreux Chetan Udeshi - JPMorgan Cazenove Laurent Favre - BNP Paribas Exane Alex Stewart - Barclays Capital, Inc. Tony Jones - Redburn Atlantic Sebastian Bray - Berenberg Peter Clark - Bernstein Andreas Heine - Stifel Matthew Yates - Bank of America Stefanie Wettberg Good morning ladies and gentlemen. Welcome to BASF's Conference Call for Analysts and Investors on the Fourth Quarter and Full-Year 2024 Results.
BASF is a significant supplier of alcoholates used in a variety of applications.
The full-scale invasion of Ukraine by Russia on February 24, 2022, was the expansion of a war between the two countries that had begun in February 2014, when disguised Russian troops covertly invaded and took control of the Ukrainian autonomous republic of Crimea.
BASFY's Basotect EcoBalanced has up to 50% less product carbon footprint than the relevant BASF standard grades.