Tag: chemical industry
End of the boom for Hapag-Lloyd – Evonik expects profits to fall in 2023
Life insurer Swiss Life exceeds return target Swiss Life’s net profit is up 16 percent over the past year increased to 1.46 billion Swiss francs. The dividend is to be…
Covestro cancels dividend: Chemical companies expect profits to fall
>>iOS This led to a loss for the year of 272 million euros for the Leverkusen team for the first time. The Management Board has therefore decided to cancel the…
End of the boom for Hapag-Lloyd – Evonik expects profits to fall in 2023
Life insurer Swiss Life exceeds return target Swiss Life’s net profit is up 16 percent over the past year increased to 1.46 billion Swiss francs. The dividend is to be…
Seven years of Bayer CEO in seven graphics
Bayer CEO Werner Baumann On Tuesday he presented his last year’s balance sheet as CEO of Bayer. (Photo: Sepp Spiegl) Dusseldorf Bayer boss Werner Baumann refrained from big parting words…
Bayer benefits from the agricultural business – but expects profits to fall in 2023
Dusseldorf The chemical and pharmaceutical group Bayer achieved record results in 2022, but will not be able to maintain this in the current year. For 2023, Bayer forecasts a decline…
Bayer benefits from the agricultural business – but expects profits to fall in 2023
Dusseldorf The chemical and pharmaceutical group Bayer achieved record results in 2022, but will not be able to maintain this in the current year. For 2023, Bayer forecasts a decline…
Bayer benefits from the agricultural business – but expects profits to fall in 2023
Dusseldorf The chemical and pharmaceutical group Bayer achieved record results in 2022, but will not be able to maintain this in the current year. For 2023, Bayer forecasts a decline…
Bayer benefits from the agricultural business – but expects profits to fall in 2023
Dusseldorf After two years of significant growth, the prospects for the pharmaceutical and agricultural group Bayer are clouding over. For 2023, the Leverkusen-based company only expects a slight increase in…
BASF plans to cut 2,600 jobs worldwide
Ludwigshafen After a significant drop in earnings last year and high burdens from the energy crisis, BASF is cutting 2,600 jobs worldwide. In addition, significant cuts in the production network…
BASF plans to cut 2,600 jobs worldwide
Ludwigshafen After a significant drop in earnings last year and high burdens from the energy crisis, BASF is cutting 2,600 jobs worldwide. In addition, significant cuts in the production network…
BASF plans to cut 2,600 jobs worldwide
BASF The chemical company presented its figures for the 2022 financial year in Ludwigshafen on Friday. (Photo: dpa) Ludwigshafen The world’s largest chemical company BASF wants to cut 2,600 jobs…
Saori Dubourg is leaving the chemical giant
Saori Dubourg The manager was meanwhile considered a possible successor to CEO Brudermüller. (Photo: BASF SE) Frankfurt, Dusseldorf Two days before the presentation of the business figures for the past…
Saori Dubourg is leaving the chemical giant
Saori Dubourg The manager was meanwhile considered a possible successor to CEO Brudermüller. (Photo: BASF SE) Frankfurt, Dusseldorf Two days before the presentation of the business figures for the past…
Chemical group BASF also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
Chemical company also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
How activist investors are putting pressure on corporations like Bayer
Dusseldorf Whoever shouts the loudest wins: there seems to be a lot of truth to this sentence. At least when it comes to activist investors. Their strategy, broken down to…
Chemical company also shuts down plants
Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs and falling margins with an extensive savings program. In addition to the savings of 500 million…
After chemical accident in Ohio, concern about toxins increases – thousands of fish dead
Black smoke over East Palestine, Ohio. After a freight train loaded with chemicals derailed in early February, reports of possible environmental damage are now increasing. (Photo: AP) Washington Mass collision…
Union warns of breaking up the Bayer group
Bill Anderson, successor to CEO Baumann The controversial boss Werner Baumann will vacate the post this summer. The ex-pharmaceutical boss of Swiss rival Roche, Bill Anderson, is to take over…
How Bayer will benefit from CEO Bill Anderson
Bayer Cross in Leverkusen So far, the group has mainly filled its bosses from its own ranks. (Photo: AP) February 8, 2023 will go down in Bayer history as a…