Tag: Evonik
What BASF’s profit warning means
Dusseldorf The chemical group BASF lowers its annual targets and only expects sales of a maximum of 76 billion euros for 2023 instead of 87 billion euros. The company does…
BASF lowers annual targets – Only tentative recovery expected
Frankfurt The bad news from the chemical industry does not stop: after the specialty chemicals companies Lanxess, Evonik and Clariant, industry leader BASF also has to cut back on its…
BASF lowers annual targets – Only tentative recovery expected
Frankfurt The bad news from the chemical industry does not stop: after the specialty chemicals companies Lanxess, Evonik and Clariant, industry leader BASF also has to cut back on its…
Evonik does not expect any recovery in 2023: profit forecast drops drastically
Evonik plant in Cologne The specialty chemicals group has significantly lowered its profit expectations. (Photo: imago images / Future Image) Dusseldorf The specialty chemicals group Evonik has significantly reduced its…
Evonik does not expect any recovery in 2023: profit forecast drops drastically
Evonik plant in Cologne The specialty chemicals group has significantly lowered its profit expectations. (Photo: imago images / Future Image) Dusseldorf The specialty chemicals group Evonik has significantly reduced its…
Top managers are selling shares in three Dax companies
price chart Insiders sold Siemens shares, Deutsche Post shares and Infineon shares in June. (Photo: mauritius images / Dmytro Olegovich Zakharchuk / Alamy / Alamy Stock Photos) Frankfurt The movements…
Lanxess, Sartorius, K+S: Chemical companies shock with profit warnings
Dusseldorf The weak situation of the world economy leads to the first profit warnings from German companies for the current year. The chemical manufacturer Lanxess has now surprisingly lowered its…
Funding crisis for start-ups: CVCs could help
Berlin Money for start-ups is scarce, financing is suffering from the economic crisis and the turnaround in interest rates. Now, for a long time, unpopular financiers are moving into the…
Economists warn of the consequences of the AfD survey high
Berlin The latest polls by the AfD are causing unrest among economists and in business. “A shift to the right also causes economic damage and costs prosperity,” said Marcel Fratzscher,…
Dax on course for recovery – Uniper shares rise by more than 28 percent
The Dax started the trading month of June with a plus on Thursday. By the close of trading, the leading German index had risen by 1.2 percent and closed at…
Dax on course for recovery – professionals say goodbye to new records
The Dax started the trading month of June with a plus. In the first hours of trading, the leading German index rose by 0.7 percent and traded at 15,780 points.…
Dax on course for recovery – professionals say goodbye to new records
The Dax started the trading month of June with a plus. In the first hours of trading, the leading German index rose by 0.7 percent and traded at 15,780 points.…
For the first time, more women than men were elected to supervisory bodies
Dusseldorf More women are represented on the supervisory boards of Germany’s largest listed companies than ever before. This year, for the first time, more women than men were elected to…
For the first time, more women than men were elected to supervisory bodies
Dusseldorf More women are represented on the supervisory boards of Germany’s largest listed companies than ever before. This year, for the first time, more women than men were elected to…
“Greed inflation” in industry? “Only a few have increased their prices disproportionately”
BASF acetylene plant in Ludwigshafen In the Group’s basic chemicals business, prices are already falling sharply. (Photo: BASF SE) Dusseldorf Exactly one year ago, chemical companies were still bursting with…
Chemicals checks off first half of the year and relies fully on China
Lanxess production in Bitterfeld in East Germany: The group manufactures ion exchangers for water treatment there. (Photo: Lanxess) Dusseldorf After a weak start to the year, there are no signs…
How renewable resources are replacing petroleum
Dusseldorf Anyone who drives past huge chemical plants on the Autobahn between Cologne and Bonn would have no idea: old chip fat is being processed here, possibly from your last…
The chemical industry fears that production will migrate
Dusseldorf Evonik boss Christian Kullmann is currently being courted by politicians who want to attract investments from the Essen-based chemical company to their country. “I experience that in the USA,…
Bundesliga is looking for investors – these are the six bidders
Bundesliga match between Bayern Munich and Borussia Dortmund The league hopes that the entry of investors will give it a further boost in competition with the English Premier League, for…
Those are the plans of the new Evonik CFO
Dusseldorf It is an unusual constellation: until the end of March, Maike Schuh operationally managed one of the three large divisions of the specialty chemicals manufacturer Evonik. It is now…