Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.
Tag Archives BASF
BASF cuts 2025 outlook as tariffs weigh on global economy
BASF’s agriculture arm eyes seeds and Asia as it prepares for listing
BASF's agriculture unit is aiming to expand in Asia and global seed markets as it prepares for a stock market listing in about two years, a senior executive told Reuters.
BASF confirms earnings outlook but warns of high uncertainty from trade duties
German chemicals giant BASF said on Friday it was facing high levels of uncertainty from U.S. tariffs and other countries’ reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators.
Louis Dreyfus to buy BASF’s food and health performance ingredients business
Commodity group Louis Dreyfus Company (LDC) said on Monday it had signed a binding agreement to buy German chemicals maker BASF's Food and Health Performance Ingredients business as part of its diversification push.
Bayer’s shares sink to 20-year low on 2025 earnings fall forecast
Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.
BASF targets partial listing of agriculture division
BASF is planning a partial listing of its agricultural business because the stock market is underestimating the unit's earnings prospects within the group, the German chemicals giant's new CEO told staff on Wednesday.
BASF to prepare agricultural business for IPO, reports Bloomberg
BASF plans to prepare its agricultural chemicals business for an initial public offering in the next few years as part of restructuring measures set to be announced by the chemicals group this month, Bloomberg News reported on Wednesday.
Bayer, others defeat US farmers’ chemical price-fixing lawsuit
A U.S. judge has dismissed a lawsuit accusing agriculture giants Bayer, Corteva, Syngenta and others of conspiring with wholesalers and retail outlets to fix prices for seeds and crop protection chemicals, causing farmers to pay higher prices
BASF to close two glufosinate production sites
BASF plans to shut down two sites in Germany that are part of its production network for the glufosinate-ammonium weed killer, the German chemicals group said on Wednesday.
US allows farmers to use existing supplies of dicamba weedkillers
An Arizona court decision vacated the EPA's registration of dicamba-based herbicides
The U.S. Environmental Protection Agency said on Wednesday that farmers can use some existing supplies of herbicides based on the chemical dicamba, despite a federal court ruling last week that halted sprayings.
Canadian Cattlemen Presents: Depth of Field
