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German chemical company BASF SE said Thursday net income fell 69 percent in the third quarter as the global downturn hurt demand and prices for the company's products.
German chemical company BASF SE says it has received U.S. approval to market a new herbicide to battle broadleaf weeds resistant to a chemical in commonly used herbicides like Roundup.
German chemical company BASF SE warned of a significant drop in sales and earnings this year and said its second-quarter net profit plummeted nearly 74 percent to euro373 million ($526.1 million). The recession cut into sales and its acquisition of specialty chemicals firm Ciba also hit profits.
BASF SE is looking at selling or shuttering half of newly-acquired Ciba Holding AG's production sites and offices in a plan that would cost 3,700 jobs at the combined company, BASF said Monday.
German chemicals giant BASF has agreed to sell assets of two high-performance pigments in order to gain U.S. approval of its proposed $5.1 billion acquisition of Swiss rival Ciba Holding Inc.
BASF, the world's largest chemical maker, says it has found a way to prevent cavity-causing bacteria from attacking teeth, a development that could be seen in toothpaste, mouthwash and even candy as early as next year.
German chemical company BASF SE said Wednesday that because order levels remain weak it will further reduce production, which it said has so far been slashed by over 25 percent worldwide.
Chemical company BASF SE said 2008 and 2009 earnings would be hurt by difficult market conditions, which have deteriorated more than the company anticipated amid the global economic downturn.
Shareholders of Swiss specialty chemicals maker Ciba Holding approved a series of rules changes at the company Tuesday that pave the way for a takeover by rival BASF SE.
Chemical company BASF SE said Wednesday it is temporarily closing 80 plants worldwide due to slumping demand and cutting production at 100 more, including facilities in Texas and Louisiana. Some 20,000 workers are affected.
BASF SE said Monday it would buy Swiss specialty chemicals maker Ciba Holding for 6.1 billion Swiss francs, or $5.35 billion, in cash — a move that augments the German company's presence worldwide.
The recall of pet foods contaminated with a chemical used to make plastics has grown to include both wet and dry products, even as investigators remain uncertain about why the substance would be fatal to dogs and cats.
Biotechs Patenting the "Climate Genes"The world's largest seed and agrochemical corporations are stockpiling hundreds of monopoly patents on genes in plants that the companies will market as crops genetically engineered to withstand environmental stresses such as drought, heat, cold, floods, saline soils, and more.
Firms Seek Patents on 'Climate Ready' Altered CropsA handful of the world's largest agricultural biotechnology companies (Monsanto, BAYER, BASF, Syngenta ect.) are seeking hundreds of patents..
Belarus: Nothing good will come of Baltic pipelineBelarus told Russia on Friday that it was making a mistake to build a gas pipeline under the "minefield" of the Baltic Sea, and offered tax breaks instead to increase pipeline gas flows across its own territory. ...
IBM Pushes 32-Nanometer ChipsIBM Corp. will work with the German chemical company BASF Group to produce a new generation of chips with feature sizes of 32 nanometers, the companies said Friday.
BASF Aims To Improve Brand Recognition With Green Marketing SiteGerman chemicals conglomerate BASF recently announced the launch of a website designed to define what BASF is labeling a "high-performance community" by chronicling the lives of a representative family living in a high-performance home in a sustainable neighborhood.
Dow Chemical Contractor Dropped From NIHThe federal government yesterday fired a contractor it had hired to review the safety of chemicals after discovering the company has been simultaneously working for the chemical industry.
USDA is issuing emergency action notifications (EANs) to seed distributors, advising them to hold a rice seed, Clearfield CL131, "because testing by a private company has revealed the possible presence of trace levels of genetic material not yet approved for commercialization." ( …
One Critical after Toxic Chemical LeakOne man is critical in hospital and dozens more needed medical treatment after a leak of toxic chemicals from a chemical plant in northern England on Thursday, site operator BASF and emergency services said.
Dozens injured in chemical leakThirty-seven people have been injured in a toxic leak at a chemical factory on Teesside. All the casualties suffered burns, skin irritation and breathing difficulties at the BASF site in Seal Sands, near Billingham, on Thursday morning.
Genetically Modified Potatoes - Facts and FictionIn August 2006, German chemicals company BASF applied to start GM potato field trials in Cambridge and Derbyshire as early as next spring. The GM industry is making many claims about this product, but are these based on the truth? Andy Rees investigates
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