BAS

DE000BASF111

Diversified Chemicals

Real-time Estimate Tradegate Other stock markets 04:43:00 2024-09-17 am EDT			5-day change	1st Jan Change
43.83 ^EUR	+0.63%		+0.33%	-10.36%

Sep. 13	BASF: at the top of the DAX, Jefferies upgrades to buy	CF
Sep. 13	A central bank and it's off again?

BASF declares force majeure on some supplies due to fire

August 07, 2024 at 07:16 am EDT

GDANSK, Aug 7 (Reuters) - BASF on Wednesday warned that it has to delay the supply of some products after a fire broke out last week at its plant in Ludwigshafen, Germany.

The deliveries of selected vitamin A, vitamin E, and carotenoid products as well as selected aroma ingredients will be delayed until further notice, the German chemicals giant added.

Force majeure declarations are intended to suspend a company’s contractual liabilities for supply outages in the wake of disasters that lie beyond its control.

(Reporting by Andrey Sychev and Ludwig Burger, Editing by Madeline Chambers)

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BASF SE is No. 1 worldwide in the chemical industry. Net sales break down by family of products as follows: - functional products (44.1%): catalysts (38.9% of net sales), performance materials (23.9%), monomers (22.7%), and coatings (14.5%); - high-performance materials (21.6%): care chemicals (33.1% of net sales), dispersions and pigments (31.8%), performance chemicals (20.8%) and nutrition products (14.3%); - chemicals (15%): petrochemicals (71.5% of net sales), and intermediate products (28.5%); - agrochemicals (14.6%); - other (4.7%). Net sales are distributed geographically as follows: Germany (9.9%), Europe (27.9%), North America (27.3%), Asia/Pacific (25.4%) and South America/Africa/Middle East (9.5%).

Employees

111,422

Sector

Diversified Chemicals

Calendar

2024-10-29 - Q3 2024 Earnings Call

More about the company