We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BASF AG | TG:BAS | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.545 | 1.10% | 49.99 | 49.99 | 49.995 | 50.00 | 49.415 | 49.595 | 164,392 | 14:39:55 |
From May 2021 to May 2024
By Olaf Ridder
BASF SE said Monday that its site under construction in southern China is expected to deliver annual sales of 4 billion to 5 billion euros ($4.69 billion to $5.86 billion) by 2030.
The German chemicals company said it is targeting a contribution in earnings before interest, taxes, depreciation, and amortization of EUR1.0 billion to EUR1.2 billion from its integrated Verbund site in Zhanjiang.
The project, costing EUR8 billion to EUR10 billion, is the second major Verbund site in China. Unlike BASF's site in Nanjing, which it operates with China's Sinopec Corp., the facilities in Zhanjiang belong to BASF alone.
BASF added that it expects just over two-thirds of the world's chemical production to take place in China by 2030.
Write to Olaf Ridder at olaf.ridder@wsj.com
(END) Dow Jones Newswires
September 27, 2021 06:42 ET (10:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year BASF Chart |
1 Month BASF Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
