The world’s top chemicals producer BASF on Wednesday set out plans to shake up its board, as the company struggles to retain its profit margins in the face of Germany’s energy crisis and the global economic slump.
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December 20, 2023 - 15:08
Chemicals giant BASF announces CEO shakeup as Europe’s gas crisis bites
By Pharos Investment Advisors Comments are Off
July 13, 2023 - 12:26
BASF cuts 2023 earnings guidance on weak industrial demand
By Pharos Investment Advisors Comments are Off
FRANKFURT, July 12 (Reuters) – German chemicals giant BASF (BASFn.DE) on Wednesday cut its full-year earnings guidance, the latest in a string of chemical companies caught out by weak demand from industrial clients and higher interest rates.
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