Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. BASF SE
  6. News
  7. Summary
    BAS   DE000BASF111

BASF SE

(BAS)
  Report
Real-time Estimate Tradegate  -  01:56 2022-12-05 pm EST
47.98 EUR   -1.54%
05:54aCms : BASF SE: Release of a capital market information
EQ
03:27aBasf : 20th Berenberg European Conference
PU
12/01Wintershall Dea expands carbon capture and storage in Denmark
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Germany's BASF starts production at southern China mega complex

09/06/2022 | 06:23am EST
FILE PHOTO: A general view of the German chemical company, BASF Schwarzheide GmbH in Schwarzheide

BEIJING (Reuters) - German chemicals group BASF said on Tuesday it has started production at a giant complex in southern China's Zhanjiang.

The first plant at the site will produce 60,000 tonnes of engineering plastic compounds a year for the automotive and electronics industries, the company said in a statement.

It will be supplied entirely by renewable electricity, it added.

The company expects to invest up to 10 billion euros ($9.95 billion) in the site, which will be its third-largest globally when complete in 2030.

Next year, it plans to start operating a plant for the production of thermoplastic polyurethanes (TPU) at the same complex.

($1 = 1.0048 euros)

(Reporting by Dominique Patton; Editing by Bernadette Baum)


ę Reuters 2022
All news about BASF SE
05:54aCms : BASF SE: Release of a capital market information
EQ
03:27aBasf : 20th Berenberg European Conference
PU
12/01Wintershall Dea expands carbon capture and storage in Denmark
RE
12/01Basf : European Materials Conference 2022
PU
12/01Basf : launches Euperlan« NL Pearl, the first COSMOS compliant, wax-based pearlizer made f..
PU
11/30Basf : Personnel Changes at BASF
PU
11/30European Midday Briefing: Stocks Firmer as Eurozone Inflation D..
DJ
11/30Basf : Joint News Release Inditex and BASF develop the first detergent designed to reduce ..
PU
11/30BASF SE : Deutsche Bank reiterates its Buy rating
MD
11/28BASF SE : UBS reaffirms its Sell rating
MD
More news
Analyst Recommendations on BASF SE
More recommendations
Financials
Sales 2022 88 199 M 92 481 M 92 481 M
Net income 2022 4 883 M 5 120 M 5 120 M
Net Debt 2022 16 640 M 17 447 M 17 447 M
P/E ratio 2022 9,01x
Yield 2022 6,97%
Capitalization 43 590 M 45 807 M 45 706 M
EV / Sales 2022 0,68x
EV / Sales 2023 0,73x
Nbr of Employees 111 768
Free-Float 100%
Chart BASF SE
Duration : Period :
BASF SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BASF SE
Short TermMid-TermLong Term
TrendsBullishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 48,73 €
Average target price 54,06 €
Spread / Average Target 10,9%
EPS Revisions
Managers and Directors
Martin BrudermŘller Chairman-Executive Board
Hans-Ulrich Engel Chief Financial Officer
Kurt Wilhelm Bock Chairman-Supervisory Board
Melanie Maas-Brunner Chief Technology Officer
Alison Jane Carnwath Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
BASF SE-21.12%45 706
SHIN-ETSU CHEMICAL CO., LTD-12.07%51 710
DUPONT DE NEMOURS, INC.-11.41%35 550
PIDILITE INDUSTRIES LIMITED11.06%17 073
EASTMAN CHEMICAL COMPANY-27.62%10 497
ASAHI KASEI CORPORATION-7.17%10 288