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BASF

CFD on the BASF SE (BAS.DE) stock quote

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Product Type: Stock CFD
Sector: HealthcareIndustry: Major Drug Manufacturers
Country: GermanyCurrency: EUR
Trading Hours: According to marketMeasurement Unit: Shares
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Description:

BASF is a German chemical company founded in 1865. It is one of the largest chemical producers in the world.

BASF is organized into different segments which include Chemicals, Plastics, Performance Products, Agricultural Solutions and Oil and Gas. The company currently has some 114,000 employees in more than 80 countries. In 2016 BASF posted sales of €58 billion. In the first half of 2017 the company reported that compared with the first half of 2016, BASF Group sales grew by €4,430 million to €33,121 million.

Interesting Facts:

  • In 2015 the company sold part of its pharmaceutical business to Siegfried Holding Swiss drug manufacturer for €270,000,000
  • In September 2017 BASF announced it would buy Solvay’s polyamides business for €1.6 billion (1.92 billion dollars) to boost its engineering plastics portfolio and improve access to growth markets.