BASF
Coverage of BASF in the Nexus archive.
- ELIFIN’s Commercial Property of the Week: Rare laydown space in Geismar’s petrochemical corridor
ELIFIN highlights a ±14-acre stabilized laydown yard in Geismar’s petrochemical corridor, surrounded by major operators like BASF, Shell, Westlake, OxyChem, and Air Liquide. The property, zoned HI for heavy industrial use, offers NNN leasing and is near major highways, Baton Rouge (37 minutes), and MSY Airport (45 minutes).
- EPA approves ‘comprehensive’ groundwater cleanup plan for contaminated BASF site in Wyandotte
The U.S. Environmental Protection Agency (EPA) has approved a groundwater cleanup plan for BASF’s site in Wyandotte, Michigan, addressing contaminants like heavy metals, PFAS, and organic compounds. The plan includes perimeter barriers, groundwater extraction, and on-site treatment, with construction starting in 2027. Local groups have long criticized pollution at the site, which borders the Detroit River and a drinking water intake.
- Vier Stahl- und Chemiekonzerne fordern Aussetzung des ETS
Four major European steel and chemical companies, including ArcelorMittal, ThyssenKrupp, Voestalpine, and BASF, demand the suspension of the EU Emissions Trading System (ETS), arguing it is too costly and misaligned with global economic realities. They claim the ETS pressures industries already burdened by high energy costs and regulations, risking competitiveness against regions with less stringent climate policies.
- Germany bears the brunt of China Shock 2.0
Germany faces economic challenges from 'China Shock 2.0' as Chinese exports in high-tech sectors threaten European industries. German companies are expanding in China while cutting domestic jobs, exacerbating industrial decline. The EU is preparing protective measures, but Germany remains conflicted between economic interests and domestic job losses.
- BASF Coatings’ €3.9 Billion Debt Deal Lures Threefold Demand
BASF Coatings has secured a €3.9 billion debt deal that has attracted threefold demand, indicating strong investor interest. The deal's success suggests a positive outlook for the company's financial future. BASF Coatings is a leading coatings company.
- Banks Kick Off Sale of Junk Bonds Backing BASF Coatings Deal
Banks have started selling junk bonds to back a deal related to BASF Coatings. The sale is connected to a chemical plant located in Ludwigshafen, Germany. The plant is situated on the bank of the River Rhine.
- The Iran war casts a shadow over BASF’s nascent revival
The article discusses how the ongoing Iran war is impacting BASF's efforts to recover from its financial struggles. The German chemicals company's turnaround remains incomplete despite ongoing challenges.