Tag #Basf

Showing 1 to 12 of 12 results

welt.de
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German Chemical Industry Stabilizes, but Recovery Remains Elusive

The German chemical and pharmaceutical industry's turnover slightly decreased by 0.5 percent to €107 billion in the first half of 2024, while production fell by 1 percent; however, the pharmaceutical sector showed a 2 percent production increase, counteracting the 3 percent decrease in the chemical ...

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32% Bias Score

Decent Work and Economic Growth
welt.de
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German Chemical Industry Reports Sharp Decline, Warns of Downward Spiral

The German chemical industry reported a 1% decrease in overall production in the first half of 2025, with chemical sales down 2% and production down 3%, while the pharmaceutical sector saw production rise 2% and sales 5%; the VCI president warned of an impending downward spiral due to order shortage...

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52% Bias Score

Decent Work and Economic Growth
zeit.de
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BASF to Hold Fully Virtual 2025 Annual General Meeting

BASF, Germany's largest employer, will hold its 2025 annual general meeting (AGM) entirely online on May 2nd, 2025, marking a shift from in-person events and aiming to test the effectiveness of the virtual format, while also drawing on experience from other DAX companies.

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44% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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BASF Opens Large-Scale Green Hydrogen Facility in Ludwigshafen

BASF inaugurated a 54-megawatt electrolyzer in Ludwigshafen, Germany, producing up to one ton of CO2-free hydrogen hourly, reducing emissions by 72,000 tons annually; funded partly by 124.3 million euros from the German government and Rhineland-Palatinate.

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48% Bias Score

Climate Action
zeit.de
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German Chemical Industry Forecasts Stagnant Production, Slight Revenue Drop in 2025

Germany's chemical and pharmaceutical industry forecasts stagnant production and a 1% revenue drop to €219 billion in 2025, despite stable employment at 480,000, as high energy costs and weak domestic demand affect chemical production, while pharmaceuticals see growth in exports.

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40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Toms River Toxic Waste Settlement Challenged Over Inadequate Compensation

A New Jersey environmental group is challenging a \$500,000 settlement between the state and BASF, the successor to Ciba-Geigy, over decades of toxic waste dumping in Toms River that caused at least \$1 billion in damage to natural resources and is linked to elevated childhood cancer rates.

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44% Bias Score

Good Health and Well-being
zeit.de
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German Chemical Industry Stabilizes, but Full Recovery Remains Elusive

Germany's chemical and pharmaceutical industry experienced a slight decline in turnover (-0.5%) and production (-1%) in the first half of 2024, though the pharmaceutical sector showed growth; recovery is projected for 2025, dependent on political and economic factors.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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German Chemical Industry Rebounds in Q1, but Future Growth Uncertain

Germany's chemical and pharmaceutical industry rebounded strongly in Q1 2020, with a 4.4% revenue increase to €54.8 billion, driven by increased production across various sectors, although future growth faces uncertainties due to US trade policies and competition from China.

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36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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BASF Opens Large-Scale Green Hydrogen Facility in Ludwigshafen

BASF opened a 54-megawatt hydrogen electrolyzer at its Ludwigshafen site, producing up to one ton of CO2-free hydrogen hourly, reducing emissions by up to 72,000 tons annually; the project received €124.3 million in government funding.

Progress

44% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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German Chemical Industry Forecasts Stagnation for 2025

Germany's chemical and pharmaceutical industry faces a challenging 2025, with projected stagnation and a 1% turnover decrease to €219 billion, following a 2% drop in 2024; however, pharmaceutical production is expected to increase by 2%, offsetting job losses in the chemical sector, while high energ...

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52% Bias Score

Decent Work and Economic Growth
faz.net
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BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring

BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.

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24% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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BASF Stock Soars Amidst Auto Sector Slump

BASF stock rose nearly 2 percent due to cost-cutting measures and a Deutsche Bank upgrade, contrasting with significant losses in the German auto sector; however, strong performances by SAP (up 60 percent) and Telekom (up 40 percent) buoyed the DAX despite economic headwinds.

Progress

36% Bias Score

Showing 1 to 12 of 12 results