MISSISSAUGA, ONTARIO, April 14, 2025 (GLOBE NEWSWIRE) -- The French version of this press release is available here. BASF and the University of Toronto have signed a Master Research Agreement (MRA) to streamline innovation projects and increase collaboration between BASF and Canadian researchers. This partnership is part of a regional strategy to extend BASF's collaboration with universities in North America into Canada. This is a great achievement for BASF, as it marks the company's first MRA with a Canadi ...

巴斯夫投资5亿元在华扩大产能 智通财经4月14日电，巴斯夫聚氨酯减振元件（Cellasto）业务宣布在上海投资约5亿元人民币建设第二 套装置，进一步扩大工厂规模。工厂扩建启动仪式今日在巴斯夫上海浦东科技创新园举行。此次扩产旨 在把握中国电动汽车市场快速发展的机遇。新设施将配备现代化模具生产线，计划于2027年建成投产， 总产能预计提升近70%。 ...

Group 1 - BASF Group states that the current tariff policy has limited direct impact on the company due to high local production ratios [1] - The company emphasizes the need to consider indirect impacts from changes in customer industry demand, making it difficult to fully assess the current tariffs' effects on its business [1] - In 2024, over 80% of BASF's sales in the U.S. will come from locally produced products, with similar ratios in the Asia-Pacific region and even higher in Europe [1] Group 2 - Solvay's spin-off, SSOCO, focuses on a global production strategy that is close to customers to reduce environmental footprint and cross-continental product transportation [1] - China is identified as a key market for SSOCO, which has established six production bases and a major research and innovation center in the country over the past 40 years [1] - SSOCO aims to be a long-term builder in China's development, a long-term enabler of low-carbon industry, and a long-term supporter of corporate innovation [1]

Group 1: BASF SE Overview - BASF SE shares increased by 9.6% to close at $11.81, following a notable trading volume, contrasting with a 23.2% loss over the past four weeks [1] - The rally in BASF's stock is attributed to a surge in material stocks after President Trump announced a 90-day pause on reciprocal tariffs for most countries [1] Group 2: Earnings Expectations - BASF is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year decline of 17.4%, with revenues projected at $18.77 billion, down 1.5% from the previous year [2] - The consensus EPS estimate for BASF has been revised 4.8% higher in the last 30 days, indicating a potential for price appreciation [3] Group 3: Industry Context - BASF is part of the Zacks Chemical - Diversified industry, where another company, Compass Minerals, saw a 5.5% increase in its stock price, closing at $9.91, despite a -9.3% return over the past month [3] - Compass Minerals has an unchanged EPS estimate of $0.39 for its upcoming report, representing a significant decline of 73.8% from the previous year [4]

BASF SE (BASFY) introduced its first readily biodegradable dispersant, Sokalan CP 301, to the agrochemical market. This was in response to regulations promoting the release of safer and more sustainable chemicals into the environment. BASFY currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Basic Materials space are DRDGOLD Limited (DRD) , Idaho Strategic Resources, Inc. (IDR) and Carpenter Technology Corporation (CRS) . DRD, IDR and CRS have a Zacks Rank #2 (Buy) each at present. Yo ...

Group 1: Core Developments - BASF SE has enhanced its Sunscreen Simulator, a digital platform for developing and optimizing sun care formulations, with the updated version set to be unveiled at the in-cosmetics Global event in Amsterdam from April 8 to April 10 [1] - The new technical feature allows users to choose from various formulation types, such as oil in water (O/W) and water in oil (W/O), to assess the impact of the formulation base on performance, marking a significant advancement in SPF simulation accuracy [2] - The upgrade includes solubility calculations and assessments, linking the filter system with specific emollients to provide detailed information on the dissolved percentage of solid UV filters and their interactions, aiding in formulation optimization [3] Group 2: Market Position and Integration - The Sunscreen Simulator has become an industry standard over 25 years, now integrated into D'lite, BASF's digital knowledge service platform, enhancing efficiency and innovation in formulation development [4] - Users can explore the sun care market and analyze consumer products, gaining insights into product offerings and market trends, with the simulator available to all registered D'lite users [4] Group 3: Financial Performance - BASF's shares have declined by 23% over the past year, compared to a 32.2% decline in its industry [6]

BASF SE (BASFY) announced the launch of its natural-based innovation for personal care with three new products: Verdessence Maize, a natural styling polymer; Lamesoft OP Plus, a wax-based opacifier dispersion; and Dehyton PK45 GA/RA, a betaine derived from Rainforest Alliance Certified coconut oil. These products have been made sustainable without compromising on performance. BASF will be showcasing its new innovation in the personal care segment as part of its Longevity Ecosystem at in-cosmetics Global in ...

Group 1 - BASF SE has launched the world's first commercial loopamid facility in Caojing, Shanghai, with an annual capacity of 500 metric tons, marking a significant advancement in sustainable product supply for the textile sector [1] - Loopamid is a recycled polyamide 6 derived exclusively from textile waste, addressing the textile industry's increasing demand for sustainable polyamide 6 fibers and enabling textile-to-textile recycling across various fabric mixes [2] - The establishment of the loopamid facility supports the textile circular economy and aids customers in achieving their sustainability objectives [2] Group 2 - BASF's shares have declined by 14.4% over the past year, which is less than the 18.7% decline experienced by its industry [4] - BASF currently holds a Zacks Rank of 3 (Hold), while other companies in the basic materials sector, such as Carpenter Technology Corporation, CSW Industrials Inc., and Axalta Coating Systems Ltd., have better rankings [5] - Carpenter Technology has seen a significant share price increase of 156.6% over the past year, outperforming the Zacks Consensus Estimate in the last four quarters with an average earnings surprise of 15.7% [5]

BASF SE (BASFY) and Forestal de Atlantico S.A. recently signed an early disclosure agreement (EDA) to advance the manufacture of e-methanol (eMeOH) using carbon capture solutions. Under this strategic relationship, BASF has been chosen to share its OASE blue technology, which is designed to efficiently remove CO2 from flue gases, for use in Forestal's groundbreaking Triskelion project in Galicia, Spain. The Triskelion project is expected to be a game changer, with a design capacity of 156 metric tons per da ...

BASF SE's (BASFY) Coatings division has expanded its production capacity at the Caojing plant in Shanghai, China, for polyester and polyurethane resin. Initially set up in 2015 with a capacity of 8,000 metric tons per year, the facility now has more than doubled its production, reaching an impressive 18,800 metric tons annually. This expansion not only reflects BASF’s strategic response to rising market demand but also strengthens its position in the industry.In addition, BASF Coatings is set to enhance its ...