BASF consistently reassesses its product portfolio to sharpen its strategic focus and maintains crucial strategic partnerships. It identified Solenis as an ideal partner for its flocculants portfolio in mining, confident that this divestiture will enhance the product range to meet customer needs better. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CRS's current-year earnings is pegged at $4.44, indicating a year-over-year rise of 289.5%. CRS' earnings beat the Zacks Consensus Est ...

Ahead of BASF's (OTCQX:BASFY) (OTCQX:BFFAF) Q2 earnings result, which is expected on 26 July, we decided to follow up on the Chemical giant. Since our last coverage (Q1 update), BASF's stock price has declined by 10.32% (Fig 1); however, the company reported a solid start to the year with volume and EBITDA recovery. In addition, BASF paid the dividend, and considering the exit of Wintershall Dea, the company was able to maintain a solid balance sheet. Our buy rating was backed by 1) an unjustified P/E disco ...

BASF SE (BASFY) intends to end production of the active ingredient glufosinate-ammonium (GA) at its Knapsack and Frankfurt locations in Germany by the end of 2024, owing to economic considerations. The GA formulation in Frankfurt will conclude in 2025. Following that, both production facilities will be shut down. Glufosinate-ammonium remains an important part of BASF's global herbicide portfolio. Image Source: Zacks Investment Research Shares of BASFY have lost 5.2% over the past year compared with an 13.5% ...

New facility will produce electrolysis and fuel cell components to support the global energy transition Production is planned to commence in the summer of 2025 Joint investment with other partners BASF ECMS 33 S. Wood Ave Iselin, NJ 08830 www.basf.com/ecms "This new site in Budenheim fulfills a key part of our global strategy for hydrogen," said Tim Ingle, Senior Vice President of Precious Metal Services and Recycling for ECMS. "As a global leader in precious metals services and catalyst recycling, the inve ...

This capacity increase is another step in BASF's business expansion for sodium methylate in South America, demonstrating the company's commitment to its customers and the South American biodiesel market. In addition to the sodium methylate facility, the site houses 12 other production facilities that produce more than 1,500 solutions and products, including crop protection, adhesives, resins, paints, detergents, cosmetics and automotive market solutions. Sodium methylate is an effective and dependable catal ...

BASF SE (BASFY) and Vattenfall recently inked supply and service contracts with Vestas for 112 wind turbines of the type V236-15.0 MW. The cutting-edge turbines will power Vattenfall and BASF's Nordlicht 1 and 2 offshore wind projects in the German North Sea, off the island of Borkum. These will be able to generate enough electricity to power 1.6 million households starting in 2028. Parts of the wind turbine towers will be made of low-emission steel, which will drastically reduce the towers' carbon footprin ...

Carpenter Technology currently carries a Zacks Rank #1. CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.1%. The company's shares have soared 91.8% in the past year. BASF SE (BASFY) and Enerflex recently signed a memorandum of understanding (MoU) to collaborate on the commercial-scale implementation of carbon capture, utilization and storage (CCUS) applications. Per the deal, Enerflex's engineering, manufacturing and integration experience ...

Eramet and BASF decide against joint investment in a nickel-cobalt refining complex in Indonesia In 2020, Eramet and BASF had signed an agreement to assess the potential of jointly developing and constructing a nickel-cobalt refining complex in Weda Bay in Indonesia. After a thorough evaluation, including discussions about project execution strategy, both partners have decided against this investment. 25.07.2024: Publication of 2024 half-year results Eramet transforms the Earth's mineral resources to provid ...

Encina's circular chemicals play a crucial role in the production of everyday and novel plastics. Utilizing proprietary catalytic technology, Encina produces high-yield, drop-in quality circular feedstocks. The company expressed pride in partnering with BASF, a leader renowned for its commitment to innovation and sustainability. It highlighted that this agreement represents a significant step towards a truly circular economy, where waste is minimized and resources are maximized for a more sustainable future ...

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S rati ...