BASF SE (BASFn.DE) Key Developments |
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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

BASF and Aspen Aerogels announce strategic partnership
Wednesday, 22 Jun 2016 09:00am EDT 

Aspen Aerogels Inc : Co will commit to exclusive supply of its spaceloft a2 product for incorporation within basf's aerogel enhanced slentex wall system . Basf will make a low double-digit million investment in construction of aspen's new manufacturing plant . Agreement will run through 2027. . Aspen aerogels says in addition, basf will provide technical support to aspen targeting manufacturing productivity, product cost and profit margins .Basf and aspen aerogels announce strategic partnership.  Full Article

Fitch affirms BASF at 'A+'; outlook stable
Monday, 20 Jun 2016 09:25am EDT 

Basf Se :Fitch affirms BASF at 'A+'; outlook stable.  Full Article

BASF enters market for advanced carbon materials with acquisition of EnerG2
Monday, 20 Jun 2016 09:00am EDT 

BASF Se : Says financial details of transaction are not being disclosed .BASF enters market for advanced carbon materials with acquisition of EnerG2.  Full Article

Basf says basf to acquire global surface treatment provider chemetall
Friday, 17 Jun 2016 07:03am EDT 

Basf Se says :BASF to acquire global surface treatment provider Chemetall.  Full Article

BASF to sell Kollicoat coating systems to Colorcon
Wednesday, 25 May 2016 05:13am EDT 

Basf SE :BASF will sell its Kollicoat IR Coating Systems product line to Colorcon.  Full Article

Ruling regarding Umicore's alleged infringement of patents to be reviewed
Thursday, 12 May 2016 02:49am EDT 

Umicore NV :Says the United States International Trade Commission (ITC) has decided to review elements of the preliminary ruling made by an administrative law judge on Feb. 29, regarding Umicore's alleged infringement of patents licensed by the German chemical company BASF.  Full Article

BASF confirms FY 2016 sales and earnings outlook
Thursday, 28 Apr 2016 08:00pm EDT 

BASF SE:Group affirmed its forecast for a significant decline in FY 2016 sales and for adjusted EBIT to be slightly below the year-earlier level.FY 2016 revenue estimate 59.46 billion euros - Thomson Reuters I/B/E/S.FY 2016 EBIt estimate 5.9 billion euros - Thomson Reuters I/B/E/S.  Full Article

BASF agrees to buy Guangdong Yinfan Chemistry assets - Reuters
Tuesday, 19 Apr 2016 08:00pm EDT 

BASF SE:Signs agreement to acquire automotive refinish coatings assets of Guangdong Yinfan Chemistry - Reuters.Says closing is expected in H2 2016. Both parties have agreed not to disclose financial details of the transaction.  Full Article

BASF SE - France says to ban imports of cherries treated with dimethoate - Reuters News
Friday, 15 Apr 2016 03:54pm EDT 

BASF SE:France will stop importing cherries from countries that use insecticide dimethoate after banning the chemical due to concerns over consumer health risks, the French agriculture ministry said. - RTRS.At a meeting of European Union country representatives on Friday, Italy and Spain said they would also withdraw dimethoate from their markets, but France said it would still move to prevent the import of cherries from countries that continued to allow the pesticide, used against fruit fly.Under EU procedures, France's urgent action would normally trigger another meeting of countries representatives within a week.France had called for an emergency EU-wide measures to prevent the use of products containing dimethoate and the marketing of cherries grown using them at a closed-door meeting of experts representing the 28 EU member states on Friday.The European Commission, however, said it opposed the idea of immediate restrictions. "The Commission ... considers that an emergency EU-wide measure is not the appropriate tool to manage this specific situation.France, Italy and Spain are among the major cherry growers in the EU which also include eastern members Poland, Hungary and Romania.Dimethoate-based products, which have previously been withdrawn for use on some other crops, are made by companies including Germany's BASF BASFn.DE and Cheminova, part of FMC FMC.N.  Full Article

BASF and Avantium to form JV for FDCA and PEF - Reuters
Tuesday, 15 Mar 2016 03:11am EDT 

BASF SE:BASF and Avantium to form JV for production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF)​ - Reuters.  Full Article

BRIEF-BASF expanding strategic partnership with Aspen Aerogels

* Says expanding strategic partnership with Aspen Aerogels, Inc