Tag Archives | BASF

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Upbeat CIA dinner but costs of Reach revealed

The annual Chemical Industries Association (CIA) dinner took place in London last night with a much more optimistic atmosphere than for the last couple of years. Many of us trade journalists were guest either of the CIA or chemical producers themselves. With the 30 November deadline approaching, Europe’s chemical legislation Reach was a hot topic. […]

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BASF boosts presence in Poland

With notable exceptions such as Basell and Lanxess, few global chemical companies have taken the bold step of investing in production facilities in CEE or Russia. So the news that BASF has opened a new Polyurethane System House in Poland (at Srem near Poznan) is encouraging for the region.  This is a relatively small investment, reported to […]

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ICIS Top 100 chemical company list reveals sales dip to below $1 trillion

Revenues for the world’s 100 biggest chemical companies fell sharply to below $1,000bn in 2009 for the first time since 2005, according to the Top 100 chemical company listing published by ICIS today. As the financial and economic crisis sent the global economy into recession, the chemical sector was hit hard, suffering a 19.7% fall […]

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Fortune unveils top 15 chemical companies; BASF anomaly

Fortune magazine has revealed the results of its survey of most admired companies, including a breakout of top chemical companies. Here is the list: Company   Industry   Overall score1  BASF  7.042  DuPont  7.033  PPG Industries  6.964  Bayer  6.875  L’Air Liquide  6.366  Dow Chemical  6.117  Linde  5.978  Mitsubishi Chemical  5.639  Akzo Nobel  5.5410  Sumitomo Chemical  5.4011  SABIC  5.2812  Sasol […]

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BASF in talks to JV styrene – IPIC a good fit

BASF is in talks to joint venture its styrene business before exiting the market, Bloomberg reported last week. Abu Dhabi’s IPIC (International Petroleum Investment Company) could be a strong contender for this transaction. I recently interviewed its managing director, Khadem Al Qubaisi, who told me he was close to a deal in Europe (pictured).IPIC wants […]

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