TITLE

BASF first for SE status

AUTHOR(S)
Gibson, Jane; Williams, Dede
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/5/2007, Vol. 2 Issue 56, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of chemical company BASF to trade in its German Aktiengesellschaft status to become a European company. The author states that BASF will be the first chemical company to make the move and could benefit from significant administrative and legal cost-savings under European law. The author added that the firm will propose the changes, which must be approved by its shareholders.
ACCESSION #
24455748

 

Related Articles

  • BASF reorganizes its paper chemicals business.  // Chemical Business;Oct2014, Vol. 28 Issue 10, p23 

    The article focuses on the decision of BASF to reorganize its paper chemicals business in 2014 in order to strengthen its competitiveness and meet the needs of the paper industry.

  • BASF Color Solutions.  // Man-Made Textiles in India;Jun2008, Vol. 51 Issue 6, p217 

    The article reports on the decision of chemical firm BASF SE of Ludwigshafen, Germany to reorganize its masterbatch business in Europe. The company's specialists for coloring a wide variety of products made from plastics will operate under the name BASF Color Solutions, with its five locations...

  • Executive Reshuffle at BASF. Berrigan, Edmund // Chemical Week;9/21/2005, Vol. 167 Issue 31, p64 

    This article reports on the reorganization of the executives at BASF AG. BASF says it is shuffling its senior managers in anticipation of the retirement of petrochemicals division president Werner Prätorius on April 30, 2006. Albert Heuser, currently president of BASF site at Ludwigshafen,...

  • BASF to streamline business.  // European Chemical News;8/18/2003, Vol. 79 Issue 2065, p6 

    Focuses on the restructuring program of chemical company Badische Anilin und Soda-Fabrik AG in North America in 2003. Phases of the program; Projected decline in its operating profits.

  • BASF Forges Ahead With North American Restructuring.  // Chemical Market Reporter;3/22/2004, Vol. 265 Issue 12, p2 

    BASF has largely completed the first part of its restructuring in North America and is forging ahead with the second phase. The company plans to reduce its annual fixed costs by $250 million by 2006. The first phase is expected to yield annualized savings of around $100 million and the second...

  • BASF Restructures Styrenics.  // Chemical Market Reporter;11/3/2003, Vol. 264 Issue 15, p4 

    Reports on the reorganization of the styrenics business of the chemicals company BASF AG in Europe. Plans of the company to end production of polystyrene compounds; Service package offered by the firm to processors; Commitment of the company on the production of commodity polystyrene.

  • BASF IDLES US TDI PLANTS AS PART OF MAJOR CUTBACKS. Eldridge, David; Esposito, Frank // Urethanes Technology International;Dec2008/Jan2009, Vol. 25 Issue 6, p4 

    The article reports on the suspension of producing toluene diisocyanate by BASF SE at two of its plants in the U.S. and reducing production of methylene diphenyl diisocyanate at its site in Antwerp, Belgium, as part of major cutbacks to address recent decline in demand for its polymer and...

  • Restructuring in European Polymers. Milmo, Sean // Chemical Market Reporter;06/19/2000, Vol. 257 Issue 25, pFR 3 

    Focuses on the radical restructuring of polymers sector in Europe. Result of the restructuring; Joint venture between Shell and BASF; Impetus behind many of the mergers and acquisitions in the European polymers sector.

  • Bayer Details Chemical Spin-Off. Alperowicz, Natasha // Chemical Week;3/24/2004, Vol. 166 Issue 10, p6 

    Reports on the plan of Bayer to separate its chemicals business which will be renamed Lanxess. Factors that led to the spin-off decision; Advisers for the spin-off; Reaction of Bayer board member Udo Oels to critics' claim that Bayer dumped its poorly performing businesses into Lanxess; Areas...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics