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MarketScreener Homepage  >  Equities  >  Xetra  >  BASF SE    BAS   DE000BASF111

BASF SE

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BASF : to Invest More Than EUR500 Million in Capacity Expansion at Belgian Site

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09/30/2019 | 05:35am EST

By Max Bernhard

BASF SE (BAS.XE) plans to invest more than half a billion euros in a capacity expansion for integrated ethylene oxide and derivatives at its Antwerp site in Belgium.

The more than 500 million-euro ($546.8 million) investment will add about 400,000 metric tons per year to BASF's production capacity for the corresponding products, the German chemicals company said Monday.

BASF expects a sequential start-up to begin in 2022.

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

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Financials (EUR)
Sales 2019 61 912 M
EBIT 2019 4 694 M
Net income 2019 9 118 M
Debt 2019 18 545 M
Yield 2019 4,75%
P/E ratio 2019 6,85x
P/E ratio 2020 17,6x
EV / Sales2019 1,31x
EV / Sales2020 1,26x
Capitalization 62 806 M
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François Diederich Member-Supervisory Board
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