Sunday 1 May 2016
 
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BASF

BASF plans $4bn investment in Iran petchem industry

Germany-based BASF, a leading chemical company, has announced plans to invest around $4 billion in Iran’s petrochemical industry, a report said. The negotiations are underway with BASF to construct a petrochemical township i

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BASF plans $4bn investment in Iran petchem industry

Germany-based BASF, a leading chemical company, has announced plans to invest around $4 billion in Iran’s petrochemical industry, a report said. The negotiations are underway with BASF to construct a petrochemical township i

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BASF warns on 2015 earnings as oil fall forces writedown

BASF announced a 600-million-euro ($653 million) charge for the fourth quarter citing low oil prices and warned of lower-than-expected 2015 earnings, sending its shares lower.   Low oil prices, normally a boon to

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BASF plans $6bn petchem spend in Iran

Germany’s BASF, the world’s largest chemical producer, plans to invest $6 billion in Iran’s petrochemical sector, a report said. BASF will invest in Asaluyeh where Iran is carrying out its largest gas development

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BASF picks Fluor as engineering partner

German-based chemicals group BASF has selected Fluor Corporation as its global engineering partner for future chemical and petrochemical plant projects around the world. Fluor is a global engineering and construct

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BASF picks Fluor as engineering partner

German-based chemicals group BASF has selected Fluor Corporation as its global engineering partner for future chemical and petrochemical plant projects around the world. Fluor is a global engineering and construct

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BASF backs civil engineering dept at innovation fest

BASF, a leading supplier of materials to the construction industry in the region, is set to support the fourth edition of Technovanza, an engineering and IT festival organised by Manipal University in Dubai. The event, to be held

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BASF unveils Master Builders Solutions in Kuwait

BASF, a leading supplier of construction chemicals in the GCC, has unveiled its Master Builders Solutions in Kuwait. It also presented its tiling and screeds solutions, along with other technologies such as admixture and construct

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BASF scraps Gazprom asset swap deal

German chemicals group BASF and Russia's Gazprom have abandoned a gas assets swap deal planned for this year as companies across Europe continue to suffer from growing tensions between Moscow and the West. Relations between Ru

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BASF cuts forecasts on Europe sales woes

Germany's BASF SE, the world's largest chemicals company by sales, cut its earnings forecasts and its projections for the broader market yesterday, becoming the latest industrial group to fall victim to weak demand in its main European m

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