Tag: Chemical
Chemical industry warns of high raw material and energy prices
Frankfurt In view of drastically rising raw material costs, threatening supply problems with natural gas and ongoing logistics problems in rail transport, the German chemical industry increasingly sees itself at…
Companies and the state have failed to make the chemical industry fit for the future
Sustainability as a megatrend has become “trendy” in the truest sense of the word. Driven by the world’s financial markets, the issue of sustainability has made it into the power…
Chemical group warns of damage in the event of a gas stop
Frankfurt Against the background of an impending embargo on Russian gas supplies, the chemical group BASF is working intensively on reducing its gas requirements and accelerating the switch to renewable…
BASF balance sheet check: The Russian mortgage of the chemical company
BASF balance sheet check As far as prospects and stock market performance are concerned, some uncertainties and weaknesses are revealed at the Ludwigshafen chemical company. (Photo: dpa [M]) Frankfurt The…
Deutsche Bahn: Network expansion in the Chemical Triangle is halting
Berlin The cancellation unexpectedly hit BASF, OMV, Wacker Chemie and other industrial companies in south-eastern Bavaria. And the justification caused confusion: The rail line from Munich via Mühldorf to Burghausen…
Natural gas for the chemical industry: BASF complains, Dow acts
BASF plant in Ludwigshafen The chemical giant would actually be predestined to play a leading role in turning away from Russian gas. (Photo: BASF SE) BASF whines, the competition acts.…
Is Russia Using Chemical Weapons In The Ukraine War?
Berlin The reports came late Monday evening: Russia is said to have used chemical weapons in Mariupol. This is what the Ukrainian Azov regiment claims, one of several paramilitary volunteer…
Is Russia Using Chemical Weapons In The Ukraine War?
Berlin The reports came late Monday evening: Russia is said to have used chemical weapons in Mariupol. This is what the Ukrainian Azov regiment claims, one of several paramilitary volunteer…
Is Putin using chemical weapons in the Ukraine war?
Berlin The reports came late Monday evening: Russia is said to have used chemical weapons in Mariupol. This is what the Ukrainian Azov regiment claims, one of several paramilitary volunteer…
Is Vladimir Putin Using Chemical Weapons?
Berlin The reports came late Monday evening: Russia is said to have used chemical weapons in Mariupol. This is what the Ukrainian Azov regiment claims, one of several paramilitary volunteer…
Reports on use of chemical weapons in Mariupol
Destroyed buildings in Mariupol Berlin Was Russia now also using chemical weapons in the devastated port city of Mariupol? Reports from Monday evening suggest such an act. The Ukrainian Azov…
Chemical company has to write off 2 billion because of Nord Stream
BASF The chemical company’s profit fell by almost 29 percent in the first quarter. (Photo: dpa) Frankfurt A billion-dollar write-down on the majority stake in Wintershall Dea brought the chemical…
Chemical industry praises the government – and criticizes economists
Wacker-Chemie boss Christian Hartel at the Handelsblatt chemistry conference The chemical manager warns of the consequences of a gas delivery stop. (Photo: WILLI NOTHERS) Dusseldorf In the debate about a…
Chemical industry supports Habeck’s course in gas supply
Economics Minister Robert Habeck Chemical industry: “In this situation we all have to stand together”. (Photo: Getty Images) Berlin The letter is both a declaration of solidarity and an appeal…
US warns of Russian use of chemical weapons – attacks on Kyiv, Kharkiv and Zhytomyr
new York During the Russia-Ukraine war, artillery shells fell on the suburbs of Kyiv and Kharkiv in the evening and night hours. In Kharkiv, a police station was destroyed, four…
Chemical company wrestles with increased energy prices
Frankfurt The chemical group BASF more than doubled its operating profit in 2021 and increased its dividend by ten cents to EUR 3.40 per share. Despite a good start, the…
Chemical company wrestles with increased energy prices
BASF plant on the factory premises in Ludwigshafen For 2022, BASF expects sales to fall to between 74 and 77 billion euros. (Photo: dpa) Frankfurt The increased energy prices are…
Chemical industry rejects state protective shield
Brussels The chemical industry wants to achieve the transformation to climate neutrality without being protected by trading instruments. “I am vehemently of the opinion that climate protection and competitiveness can…
CESSMU Chemical Engineering Days Starts on January 13
Chemical Engineering Days organized by CESSMU, founded by Marmara University Chemical Engineering students, will start on 13 January. The two-day event will take place at the Kadıköy Marriage Office. CESSMU…
Chemical company lures investors with share buyback
BASF The world’s largest chemical company wants to continue growing organically. (Photo: dpa) Dusseldorf The chemical company BASF surprisingly announced a billion-dollar share buyback on Tuesday. The company plans to…