[ADVERT]
Share Name Share Symbol Market Type
BASF AG XE:BAS XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 0.53% 68.11 67.81 68.11 68.13 67.26 67.28 3,896,462 16:45:00

BASF to Invest in Novartis's Austrian Facility

03/05/2021 2:59pm

Dow Jones News


BASF (XE:BAS)
Historical Stock Chart


From Jan 2021 to Jan 2022

Click Here for more BASF Charts.
   By Mauro Orru 
 

BASF SE said Monday that it has agreed with Sandoz GmbH, a subsidiary of Swiss pharmaceutical major Novartis AG, to make investments at the company's Kundl/Schaftenau Campus in Austria.

The German chemicals company didn't disclose financial details for the agreement signed on April 26, which is aimed at bolstering BASF's production footprint for enzymes and biotechnology products.

The start of production is planned for 2024, BASF said.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

May 03, 2021 09:44 ET (13:44 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year BASF Chart

1 Year BASF Chart

1 Month BASF Chart

1 Month BASF Chart
ADVFN Advertorial
Your Recent History
XE
BAS
BASF
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220116 19:20:46