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4-Traders Homepage  >  Equities  >  Xetra  >  BASF    BAS   DE000BASF111

BASF (BAS)
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Real-time Quote. Real-time Tradegate - 10/17 03:22:00 pm
89.531 EUR   +0.56%
11:10a BASF : signs agreement to acquire significant parts of Bayer's seed ..
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10/16 BASF : High gloss in automotive interiors
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BASF : to Double Zeolite Production Capacity with New Plant

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09/21/2017 | 11:04am CEST
   By Nathan Allen 
 

Chemicals company BASF SE (BAS.XE) said Thursday it will build a new specialty zeolites plant at its headquarters in Ludwigshafen, Germany, doubling its production capacity for the material.

BASF said the new investment will make it one of the world's leading producers of specialty zeolites, which are used in the manufacture of emissions catalysts for diesel engines.

BASF is building the plant in response to rising demand from the automotive industry, as new emissions regulations require more sophisticated catalyst systems in diesel engines.

Zeolites can also support applications in the chemical, petrochemical and refining sectors, the company said.

The plant, which BASF expects to come online in 2019, will complement existing production centers in Ludwigshafen and Seneca, South Carolina, the company said.

Write to Nathan Allen at [email protected]

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Financials (€)
Sales 2017 63 174 M
EBIT 2017 7 586 M
Net income 2017 4 954 M
Debt 2017 14 269 M
Yield 2017 3,54%
P/E ratio 2017 16,36
P/E ratio 2018 15,76
EV / Sales 2017 1,52x
EV / Sales 2018 1,46x
Capitalization 81 772 M
Chart BASF
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BASF Technical Analysis Chart | BAS | DE000BASF111 | 4-Traders
Technical analysis trends BASF
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 93,9 €
Spread / Average Target 5,5%
EPS Revisions
Managers
NameTitle
Kurt W. Bock Chairman-Executive Board
Jürgen Hambrecht Chairman-Supervisory Board
Hans-Ulrich Engel Chief Financial Officer
Martin Brudermüller Chief Technology Officer
Michael Diekmann Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
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EVONIK INDUSTRIES7.91%16 836
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FMC CORP65.70%12 744