BASF
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BASF adjusts 2025 forecast downward
Due to ongoing macroeconomic uncertainties and weaker demand, BASF has revised its forecast for the full year 2025 downward. The chemical group now expects EBITDA before special items to be between 7.3...
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Confirmed: BASF explores strategic options for its coatings business
BASF is reviewing strategic options for its global Coatings business, including a potential sale or joint venture. The company is said to have confirmed this in a statement to PCI Magazine clarifying its...
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BASF reportedly considers sale of its Coatings division
According to Bloomberg and Der Aktionär, BASF has initiated a sale process for its Coatings business. The unit could be valued at around EUR 6 billion, with several bidders already showing interest....
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BASF plans full acquisition of Alsachimie joint venture
BASF intends to acquire the remaining 49 % stake in the French joint venture Alsachimie from Domo. The move would strengthen its position in the polyamide 6.6 value chain and expand operations at its...
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Handing over the Brush: BASF sells Brazilian paints business to Sherwin Williams
BASF and Sherwin-Williams have signed an agreement for the sale of BASF’s Brazilian decorative paints business, which is part of the company’s coatings division.
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Architectural coatings: A market in transformation
The architectural coatings industry, which includes paints, primers, sealers, stains, and varnishes for both interior and exterior applications, continues to be a dominant force within the global paints...
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BASF expands resin production in China
By doubling its production capacity for polyester and polyurethane resins at the Caojing site, BASF is responding to the growing demand for automotive coatings in the Asia-Pacific region. From 2026, binder...
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BASF Coatings and NIO agree on strategic partnership for automotive coatings
BASF Coatings and the Chinese electric carmaker NIO have agreed to a strategic partnership. The aim is to further develop innovative paint technologies for sustainable and high-quality vehicle painting...
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BASF is negotiating a new site agreement in Ludwigshafen
BASF and the works council are negotiating a new site agreement for the Ludwigshafen site. The focus is on avoiding redundancies and on comprehensive modernisation. At the same time, the chemical company...
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BASF to sell Brazilian decorative paints business to Sherwin-Williams
BASF is selling its Brazilian decorative paints business to Sherwin-Williams for USD 1.15 billion (approximately EUR 1.07 billion). The transaction includes production facilities, brands and around 1,000...
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BASF publishes ‘Color Report for Automotive OEM Coatings’
According to the newly published BASF "Color Report for Automotive OEM Coatings", the global automotive colour landscape continued to evolve in 2024.
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BASF reaffirms commitment to Ludwigshafen despite cost-cutting measures
Despite a comprehensive cost-cutting program that includes job reductions, BASF has pledged its continued commitment to its Ludwigshafen headquarters. Site leader Katja Scharpwinkel emphasized the importance...
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BASF releases ‘Automotive Color Trends’ 2024-2025
Every year, the designers of BASF's Coatings division create a new collection of colours to inspire automotive designers worldwide. The current theme of Automotive Color Trends 2024–2025 draws on the...
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BASF focuses on cost reductions and a streamlined corporate structure to tackle industry challenges.
The chemical company responds to price pressures with a comprehensive cost-cutting program and plans significant savings by the end of 2026.