What does BASF do?
At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility.
Where are BASF plants located?
The cornerstones of BASF’s presence in the important North American chemical market are the sites in Geismar, Louisiana and Freeport, Texas, both of which operate according to the Verbund principle. These sites are further strengthened by the steam cracker in Port Arthur, Texas.
Where is BASF headquarters located?
Ludwigshafen, GermanyBASF / Headquarters
BASF employs a workforce of over 39,000 at its head office in Ludwigshafen (on the Rhine) in southwestern Germany.
What chemicals does BASF produce?
The major products include MDI (diphenylmethane diisocyanate), TDI (toluene diisocyanate), caprolactam, adipic acid, polyamide 6 and 6.6, ammonia, nitric acid, sulfur and chlorine products, inorganic salts, urea, melamine, glues and impregnating resins.
Why is BASF falling?
The company’s automotive business declined last year after output disruptions because of the semiconductor shortage across the industry. The price hikes will help improve margins in BASF’s downstream business, Chief Executive Officer Martin Brudermueller said in a statement.
Is BASF a good company?
Great opportunity, good environment & good health
Have a lot of opportunities to learn. The company culture is really good. Team work from management level to workers level are superb. Compensation and Benefits are not the best in industry, but much better from most companies.
What is BASF stand for?
Badische Anilin und Soda Fabrik
BASF’s origins
BASF is an acronym that stands for Badische Anilin und Soda Fabrik, which is German for Baden Aniline and Soda Factory. Germany’s largest chemical company was founded by Friedrich Engelhorn in 1865.
Is BASF owned by Bayer?
BASF now owns former Bayer CropScience technologies like Liberty Link herbicide-tolerant system, InVigor canola, Credenz soybeans, and Ilevo seed treatments. “The business environment has changed dramatically over the last 10 years,” says Vincent Gros, president of BASF Agricultural Solutions.
Is BASF worth buying?
BASF SE (ADR) currently has a 8.6% dividend yield. Our fundamental outlook for the diversified chemicals industry over the next 12 months is positive. We think industry participants are positioned to benefit from Covid-19 recovery trends as well as from long-term growth trends.
Is BASF a blue chip company?
To navigate a volatile market, reliable blue-chip stocks BASF (BASFY), Barclays (BCS), The Hershey (HSY), and Marathon Petroleum (MPC) could be ideal additions to your portfolio.
What does BASF stand for?
Did BASF get bought out?
Mannheim, Germany, October 1, 2020 – MBCC Group has emerged from the former BASF Construction Chemicals business after its acquisition by an affiliate of Lone Star (Lone Star), a global private quity firm, and will start operations as of October 1, 2020.
Can I buy BASF stock?
You can buy BASF ADRs through a broker, just as you would buy U.S. securities.
Does BASF own Monsanto?
As part of divestitures for Bayer to finish its 2018 acquisition of Monsanto, BASF gained a good deal of assets that added to its crop protection portfolio and launched a new seed business for the company.
Is BASF a good dividend stock?
BASF SE (ADR)’s trailing 12-month revenue is $85.7 billion with a 6.4% profit margin. Year-over-year quarterly sales growth most recently was 16.3%. There are not analysts providing consensus earnings estimates for the current fiscal year. BASF SE (ADR) currently has a 8.6% dividend yield.
Did Bayer buy BASF?
US forces Germany’s Bayer to shed $9 billion in ag business in biggest ever antitrust sell-off. Bayer has agreed to sell agricultural businesses and assets worth about $9 billion to chemical company BASF. The divestiture is the largest antitrust-related sell-off ever, according to the Justice Department.
Is BASF a good buy?
BASF SE (ADR) currently has a 8.8% dividend yield. Our fundamental outlook for the diversified chemicals industry over the next 12 months is positive. We think industry participants are positioned to benefit from Covid-19 recovery trends as well as from long-term growth trends.
Who is BASF owned by?
75% of the BASF shares are held by institutional investors (BlackRock more than 5%). 36% of the shares are held in Germany, 11% in the UK and 17% in the U.S.
Does BASF pay a dividend?
On April 29, 2022, the Annual Shareholders’ Meeting of BASF SE approved to pay a dividend of €3.40 per share. The dividend was paid out to shareholders on May 4, 2022. BASF stands by its ambitious dividend policy of increasing the per-share dividend each year and pays out €3.1 billion to the shareholders of BASF SE.
Is BASF a buy?
BASF SE – Hold
Valuation metrics show that BASF SE may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of BASFY, demonstrate its potential to outperform the market. It currently has a Growth Score of A.