BASF has been working with Ready for Brexit (the online platform I co-founded last year) as part of its programme to prepare its UK supply chain for Brexit. Here, Ready for Brexit’s editor, Anna Tobin, reports on the workshops that BASF has been running this month for SMEs. The world’s largest chemical business, BASF, has
The chemical industry is easily the best leading indicator for the global economy. And thanks to Kevin Swift and his team at the American Chemistry Council, we already have data showing developments up to October, as the chart shows. It confirms that consensus hopes for a “synchronised global recovery” at the beginning of the year
BASF and Dow Chemical both warned on the outlook when presenting their H1 results last week: BASF CEO Kurt Bock warned, “We have for second quarter in the row in chemicals no growth worth mentioning . . . that is not a gratifying development. We have the impression that there is little growth dynamic at the moment and our customers remain extremely cautious […]
Our 13th annual World Aromatics & Derivatives Conference takes place in Berlin next week. Jointly organised as always by International eChem and ICIS, it features a must-hear list of speakers: ExxonMobil: Europe Business Director Tim Stedman will give a global market overview Dow Chemical: Global Business Director Pieter Platteeuw will discuss the future for benzene […]
“BASF, the world’s biggest chemical maker by sales, has slashed its revenue and earnings targets for 2015, following a further weakening of the European economy and a slowdown in China.” Saturday’s Financial Times headline said it all. BASF’s statement adds to the growing evidence of a major slowdown taking place in the global economy, and highlights how […]
BASF opened its first China plant 20 years ago. Its Asian strategy focuses on China, Japan, S Korea and India.
Thus yesterday’s comments by vice chairman Martin Brudermüller deserve careful study by any company or investor who is interested in t…