BASF is celebrating ten years of its
TECH Academy, along with launching commercial operations of its
Black Mass Plant in Germany. The company announced a breakthrough in the canola market with
InVigor Gold and a new GMP site setup meant for customer collaboration. Despite some impairments that dragged earnings lower, the company sees exciting times ahead with
Heather Remley becoming the new President and CEO. The company has seen personnel changes and fluctuations in share prices. Shareholders approve of the company vision, despite concerns over its economic performance. The launch of sustainable personal care solutions and partnership announcements with Toyota and Group14 bolsters the company's portfolio. There were rumors about BASF preparing its agricultural business for an IPO. The company announced the inauguration of a
second Cellastoยฎ plant in China, exhibiting a continued commitment to growth and development. BASF exhibited at the Battery Show Europe and proposed the acquisition of full ownership of the
Alsachimie Joint Venture. Analysts however warn investors of the uncertain market and potential slowdown affecting the overall potential growth.
BASF Stocks News Analytics from Fri, 19 Jan 2024 08:00:00 GMT to Thu, 26 Jun 2025 15:47:00 GMT -
Rating -2
- Innovation 7
- Information 4
- Rumor 2