DE0005151005 - BA Indice: DAX
est le premier groupe chimique au monde. Il est présent dans 6 domaines
matières plastiques et fibres : polyoléfines, PVC, polystyrène,
élastomères polyuréthannes, produits de fibres, alvéolaires,
matières colorantes et produits d'ennoblissement : agents adhésifs,
pigments, peintures, produits chimiques auxiliaires, systèmes
agriculture et produits de chimie fine . Le CA de la branche se
entre - agriculture, chimie fine
produits chimiques : éthylène, ammoniac, chlore, soude caustique,
pétrole et gaz : exploration, extraction, raffinage et
Bock appointed new chairman of BASF’s Board of Executive Directors
Germany – May 31, 2010 – The Supervisory Board of BASF SE has today
Dr. Kurt Bock (51) to succeed Dr. Jürgen Hambrecht as chairman of
the Board of Executive Directors of BASF. Dr. Martin Brudermüller
(49) will become vice chairman of the Board of Executive Directors.
appointments will take effect following the end of the Annual Meeting
May 6, 2011.
Bock is an entrepreneur with an extensive international experience.
his leadership, he will continue the company’s success together with
colleagues on the Board of Executive Directors and the global BASF
said Eggert Voscherau, chairman of the Supervisory Board of BASF SE.
Supervisory Board will decide on further appointments to the Board of
Directors of BASF SE in early 2011.
of Dr. Kurt Bock and Dr. Martin Brudermüller are available on the
Internet at www.basf.com/pressphoto-database, Keyword: Board of
Directors, together with a press photo taken directly following the
by the Supervisory Board.
Shaping the future in the crisis – confident for 2010
up 2.9 percent, EBIT before special items up 19 percent compared with
quarter of 2009 Sales down 8 percent, EBIT before special items up 181
percent compared with fourth quarter of 2008Full year 2009:
€50.7 billion (minus 19 percent compared with 2008) EBIT before special
items €4.9 billion (minus 29 percent compared with 2008) Successful
measures to increase efficiency and reduce costs Cash flow at record
Goal of earning cost of capital missed only narrowly due to high cost
Ciba integrationExpectations for full year 2010:
and uneven recovery of global economy Significant rise in earnings
on cost of capital earned again
proposes dividend of €1.70 per share
Germany – February 25, 2010 – The Board of Executive Directors of BASF
SE today decided to propose to the Annual Meeting on April 29, 2010 a
of €1.70 per share for 2009. The decision is subject to approval by
the company’s Supervisory Board in its meeting on March 4, 2010.
aims to increase its dividend each year or at least maintain it at the
previous year’s level. In crisis year 2009, BASF’s earnings were
impacted by expenses for the acquisition and integration of Ciba. The
therefore fell just short of earning its cost of capital. However, the
reduced dividend proposal also reflects BASF’s confidence for 2010.
the basis of the number of qualifying shares as of December 31, 2009,
dividend of €1.70 per share would correspond to a total dividend
of approximately €1.6 billion. Relative to the 2009 year-end share
price of €43.46, BASF shareholders would thus receive a dividend yield
of 3,9 percent. If the proposal is approved by the Annual Meeting, the
dividend will be paid out on April 30, 2010.
shows strength in global crisis
cash flow and reduction of net debt Very weak demand in industrial
Strong earnings in Agricultural Solutions Sales down 23%, EBIT before
items down 58% Goal of earning cost of capital increasingly difficult
, Germany – April 30, 2009 – In an extremely difficult environment,
business declined in the first quarter of 2009. At €12.2 billion,
sales were 23% lower than in the first quarter of 2008, primarily due
persistently weak demand. Income from operations (EBIT) before special
items fell by 58% to €985 million as a result of a substantial decrease
in volumes in many divisions.
responded swiftly to the crisis: The company has tailored production to
reflect the decline in demand and reduced inventories. Compared with
first quarter of 2008, cash flow nearly doubled, and net debt has been
reduced by around €1.5 billion since the beginning of the year.
reduction and efficiency programs are being implemented rigorously and
rapidly. With the excellence program NEXT, BASF intends to further
productivity and effectiveness in all functions and working areas: The
aim is to reduce costs, increase efficiency and speed up all business
In conjunction with ongoing cost-cutting activities, the company
this to progressively increase earnings by more than €1 billion per
year as of 2012.
times of crisis, swift and decisive action is important. As early as
fourth quarter of 2008, we were one of the first companies in our
to adapt our capacities to the dramatic slump in demand and reduce
on all levels in order to ensure profits and liquidity in the short
At the same time, we are focusing far ahead and are taking action today
to be well equipped for the next upturn. Our goal is to emerge from
crisis even stronger and to increase our leading position,” said BASF
Dr. Jürgen Hambrecht in his presentation of figures for 2008 and the
first quarter of 2009 at the Annual Meeting of BASF SE on April 30,
successful start to year in Agricultural Solutions
the first quarter of 2009, sales decreased significantly in all
of the Chemicals segment due to lower volumes and prices. Earnings fell
sharply as a result of the continued low level of product demand but
positive in all divisions. The fact that competition was tougher than
the same quarter of 2008 had a particularly detrimental effect on
in the Petrochemicals division. Production was tailored to reflect this
fall in demand and inventories have been reduced.
drastic decline in sales was also recorded in the Plastics segment,
due to substantially lower volumes compared with the same quarter of
previous year. Earnings declined considerably and were slightly
– in particular, as a result of low margins and high costs of idle
in the Performance Polymers division.
in the Performance Products segment fell in all three divisions. With
remaining stable, there was a sizeable reduction in demand. The Care
division improved earnings thanks to reduced fixed costs, whereas
in the segment as a whole fell sharply as a result of lower volumes.
makes offer to acquire Revus Energy ASA Oct 27, 2008
offer of NOK 110 per share or EUR 581 million in total provides
Energy ASA’s Board of Directors supports offer
strengthens the activities of Wintershall in Norway significantly and
further growth potential in its core region North West Europe
Wintershall Holding Aktiengesellschaft ("Wintershall") today (October
2008) announces that it plans to acquire Revus Energy ASA, Stavanger,
("Revus"), an oil and gas exploration and production company listed on
the Oslo Stock Exchange with shares in 60 licenses in Norway and Great
Britain, by making, through its wholly owned subsidiary Wintershall
Explorations- und Produktions-GmbH, a voluntary offer to acquire all
shares of Revus for NOK 110 per share. The purchase price of the
transaction amounts to approximately EUR 581 million.
and Revus have reached a transaction agreement in which the Board of
of Revus supports Wintershall’s offer and recommends its acceptance to
Revus’s shareholders. The offer price represents a 145 percent premium
compared to the closing share price on October 24, 2008 (the last
day prior to this announcement) and a 44 percent premium to the average
share price for the last 6 months of NOK 76.21.
considers the all cash offer to be an attractive premium on Revus’s
share price and for Revus’s shareholders.
acquisition of Revus represents an excellent strategic fit with the
of Wintershall, a wholly-owned subsidiary of BASF SE.
to acquire resins specialist Johnson Polymer
of a profitable
and innovative business with high growth rates
technology complements BASF’s coating resins portfolio
with focus on North America
today (May 2, 2006) announced an agreement to acquire resins
Johnson Polymer, a subsidiary of JohnsonDiversey Inc. of Sturtevant,
a U.S. cleaning and hygiene products manufacturer. The respective
signed on May 1, 2006 provides for a sale price of $470 million on a
and debt-free basis. Both companies have agreed not to disclose
financial details of the deal. The transaction, which is still subject
to approval by the relevant authorities, is expected to close by the
of June 2006. The parties are also seeking the advice of the Johnson
B.V. (Netherlands) works council prior to finalizing the transaction.
Makes All-Cash Proposal To Acquire Engelhard Jan 03, 2006
Intends To Offer
US$37.00 Per Share For a Total of US$4.9 Billion
BASF a Leading Provider in the Global Catalyst Business
January 3, 2006 – BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF
LSE: BFA, SWX: AN), the world’s leading chemical company, has made an
proposal to acquire all outstanding shares of common stock of Engelhard
Corporation (NYSE: EC), Iselin, New Jersey, USA, a Fortune 500 company
and leading supplier of goods for catalysis and surface finishing, for
US$37.00 per share or an aggregate of US$4.9 billion. This price
a 23% premium above the December 20, 2005 closing price of Engelhard’s
stock of US$30.05 and a 30% premium over Engelhard’s 90-day average
price (VWAP) of US$28.42 as of December 20, 2005. This price also
a premium to Engelhard’s 2005 year-end closing price of US$30.15 and to
the four-year-high closing price of US$32.49 achieved on July 14,
BASF would become a leading provider worldwide in the dynamically
catalyst market. “Engelhard is an excellent enhancement for the BASF
said Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors
of BASF Aktiengesellschaft. “By combining the R&D activities of
companies, BASF would create a unique global technology platform for
and open up further growth and innovation potential.”
interested in acquiring Degussa’s construction chemicals business
Dec 16, 2005
percent annual growth
in construction chemicals market
board member Kreimeyer:
“Opening up new potential”
is interested in
acquiring Degussa’s construction chemicals division to expand its own
in a high-growth market through forward integration. With the approval
of its Supervisory Board BASF’s Board of Executive Directors has
to Degussa’s Board of Management to conduct exclusive negotiations on
possible transaction. Following a detailed review of the business case,
BASF plans to make a concrete offer for Degussa’s business. BASF wishes
to start the review as quickly as possible.
chemicals market is valued at around €13 billion and is attractive
in view of annual growth of about 4 percent, relatively stable margins
and high potential for innovation. The acquisition of Degussa’s
would give BASF rapid access to additional industrial customers and
Board member Dr.
Andreas Kreimeyer considers the combination of BASF’s expertise in
and the extensive applications know-how of Degussa’s construction
division to be an excellent means of expanding BASF’s business: “As
and technology leader and the largest supplier of construction chemical
products, Degussa is an important global partner to the construction
Together with our own activities, we can open up new growth potential.
We are interested in this business because of its global reach, its
in important growth markets, in particular North America and Asia, and
because of the high level of knowledge and innovativeness of its
continues to grow profitably 11/02/05
sales (plus 11
percent) and EBIT before special items (plus 13 percent)
high raw material prices and hurricanes in the United States
saving goals increased
in North America
for full year
2005 improved further:
in sales and EBIT before special items
Further increase in
premium on cost of capital
continued on its
growth path in the third quarter of 2005. This was confirmed by a
improvement in the figures presented at the company’s Fall Press
in Ludwigshafen. The strong business performance seen in the first half
of the year maintained its momentum in the third quarter. The summer
was less pronounced than expected. With strong demand on the one hand,
and very high and very volatile oil prices on the other, necessary
increases could be passed on to the market only to a limited degree.
with the same
quarter of 2004, sales increased by 11 percent to €10.4 billion. Income
from operations (EBIT) before special items rose by 13 percent to more
than €1.3 billion.
the first nine months of the year rose by more than 12 percent to €31
billion. BASF’s profitable growth is underlined by the fact that EBIT
special items increased by 26 percent to €4.5 billion.
the full year 2005
for BASF’s products
remains strong. Further increases in raw materials and energy costs
to put pressure on margins. For the full year 2005, Dr. Jürgen
Chairman of the Board of Executive Directors of BASF
expects significantly higher sales and EBIT before special items
with the previous year’s strong level. “We therefore expect to further
increase the premium earned on our cost of capital,” he said.
the fourth quarter
of 2005, BASF does not anticipate earnings to reach the strong level
in 2004. Reasons for this include:
of €120 million as a result of production losses due to the hurricanes
in the United States.
lack of gains of
€80 million posted in the fourth quarter of 2004 as a result of
accounting for derivatives associated with the weak U.S. dollar.
acquires electronic chemicals business of Merck KGaA
bought back shares for €726 million in 2004