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

BASF SE (BAS)

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BASF SE : BASF introduces MASTERTOP® VB moisture mitigation solution for industrial flooring applications

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04/27/2012 | 03:49pm CET

SHAKOPEE, MN, April 27, 2012 -- The Building Systems business of BASF's Construction Chemicals Division has introduced MASTERTOP® VB 240 FS, a moisture mitigation solution for use with resinous flooring systems. MASTERTOP VB 240 FS can be used in conjunction with BASF flooring systems such as Selby® and SRS toprovide durable flooring to meet the needs of the most demanding environments.

Specially engineered for use with resinous floor coatings, MASTERTOP VB 240 FS features rapid curing for improved installation time and process throughput. MASTERTOP VB 240 FS is a high performance epoxy coating that bonds aggressively to concrete while providing superior moisture vapor protection for long lasting floor installations.

MASTERTOP VB 240 FS joins BASF's comprehensive Performance Flooring product offering. As a one coat, one to one ratio system, MASTERTOP VB 240 FS will help reduce labor, material and rework costs.

Rapid curing MASTERTOP VB 240 FS allows flooring to be installed in as little as three hours, minimizing facility down time. The product is 100 percent solids, providing a volatile organic compound (VOC) free formulation.

To learn more visit www.buildingsystems.basf.com/performanceflooring.

About the Construction Chemicals division

BASF's Construction Chemicals division is the leading supplier of chemical systems and formulations for the construction industry. Continuous innovation and tailor-made solutions ensure its customers are more successful. Its product portfolio comprises admixture systems, cement additives, solutions for underground construction, repair systems and performance grouts, expansion control systems, waterproofing solutions and sealants, flooring systems, tile fixing systems, wall systems and solutions for wood protection. The division operates production sites and sales centers in more than 60 countries and achieved sales of about €2.2 billion with approximately 7,000 employees in 2011.

Building Systems business of BASF

The Building Systems business of BASF manufactures innovative products under nine well-known brands: Sonneborn®, Thoro®, MBT Protection and Repair®, Hydrozo®, Selby®, UCRETE®, SRS Flooring, Conica and CHEMREX®. These premier products provide joint sealant, waterproofing, grout, concrete repair, water repellent, performance flooring, surface adhesives and wall coating solutions for construction and renovation projects around the globe. For more information please visitwww.buildingsystems.basf.com.

BASF - The Chemical Company

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,000 employees in North America, and had sales of $19.9 billion in 2011. For more information about BASF's North American operations, visitwww.basf.us.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. Further information on BASF is available on the Internet atwww.basf.com.

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Financials (€)
Sales 2016 56 614 M
EBIT 2016 6 206 M
Net income 2016 4 050 M
Debt 2016 13 180 M
Yield 2016 3,57%
P/E ratio 2016 18,88
P/E ratio 2017 17,43
EV / Sales 2016 1,58x
EV / Sales 2017 1,49x
Capitalization 76 362 M
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 77,4 €
Spread / Average Target -6,9%
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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
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