Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

BASF SE (BAS)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

BASF SE : Rothamsted Research Biotech Experiment Reaps 8% More Oil From Rapeseed

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/22/2012 | 06:39pm CET

By Michael Haddon

Rothamsted Research said Thursday it had successfully performed an experiment which accumulated around 8% more oil from rapeseed by using biotechnology to switch off an enzyme responsible for oil breakdown for the duration of seed development.

The agricultural research centre said further work is required to establish the efficacy of the method in the field and to investigate if it could be applied to other oilseed crops or successfully combined with different approaches to boost yields.

"Oilseed rape has become quite a profitable crop in recent years and the scale of cultivation in the U.K. has increased substantially," said Rothamsted Research's Pete Eastmond. "Farmers receive a bonus at market, based on the oil content of their seed, [so] if this technology translates from laboratory to field, we estimate it could be worth an extra 40 million pounds [$64 million] per year to farmers in the U.K. alone," he added.

Rapeseed is the U.K.'s major vegetable oil crop. The country's harvest declined 7% to 2.6 million tons in 2012 due to poor weather during the spring and summer, according to the farm ministry. A yield decrease of 13%, was mitigated by a 7.2% increase in planted area, to 755,000 hectares, after favorable planting conditions in autumn 2011.

Indeed, rapeseed has become extremely profitable for farmers in recent years as prices have been driven by the increasing popularity of rapeseed oil in cooking as its health benefits have become more widely known, it added.

Vegetable oils are obtained from the seeds and fruits of crop plants such as rapeseed, sunflower, soybean or palm and are a major global commodity. World production has surpassed 150 million metric tons a year and is predicted to rise by 50% within 20 years to meet growing demand.

Rothamsted Research said the experiment used RNA interference as a tool and was performed in collaboration with BASF Plant Science, a subsidiary of BASF SE. (BASFY).

Write to Michael Haddon at michael.haddon@dowjones.com or on Twitter @MichaelHaddonDJ

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BASF SE
12/02 Global Concrete Floor Coating Market - Royal DSM N.V., BASF SE, Behr Process ..
12/02 BASF : Global Phenolic Resins Market - BASF SE, Georgia Pacific Chemicals LLC, C..
12/02 UPDATE : Fire at the North Harbor in Ludwigshafen
12/01 Global Microencapsulation Market - Nestle, Bayer CropScience, BASF, P&G, and ..
12/01 Global Plastic Packaging Market - Amcor Ltd., Crown Holdings Inc., Bemis Comp..
12/01 BASF : to increase prices for butanediol and derivatives in Europe
12/01 Global Isobutanol Market - BASF SE, Mitsubishi Chemical Corporation, Formosa ..
11/30 BASF : Business Leaders Propel Sustainable Urban Agrihood in Detroit
11/30 BASF : America’s First Sustainable Urban Agrihood Debuts in Detroit
11/30 BASF : increases prices for Neopentylglycol, Trimethylolpropane and 1,6-Hexanedi..
More news
Sector news : Diversified Chemicals
11/29DJPraxair Approaches Linde About Resuming Deal Talks
11/10 Trump victory clouds outlook for Time Warner-AT&T, other mergers
11/09 Trump stand on AT&T/Time Warner not indicative of M&A policy - analysts
11/09 E I DU PONT DE NEMOURS AND : EU investigation into $130 billion Dow, DuPont deal..
11/04DJEU Suspends Dow-DuPont Merger Review Yet Again
More sector news : Diversified Chemicals
News from SeekingAlpha
11/18 BASF (BASFY) - Host Analyst Day - Slideshow
11/18 BASF (BASFY) - Host Analyst Day - Slideshow
11/17 Dow And DuPont, Bayer And Monsanto Or Syngenta - Which Will Succeed?
10/29 BASF (BASFY) Q3 2016 Results - Earnings Call Transcript
10/27 BASF SE ADR reports Q3 results
Advertisement
Financials (€)
Sales 2016 56 611 M
EBIT 2016 6 189 M
Net income 2016 4 032 M
Debt 2016 13 190 M
Yield 2016 3,66%
P/E ratio 2016 18,54
P/E ratio 2017 17,13
EV / Sales 2016 1,55x
EV / Sales 2017 1,46x
Capitalization 74 406 M
More Financials
Chart BASF SE
Duration : Period :
BASF SE Technical Analysis Chart | BAS | DE000BASF111 | 4-Traders
Full-screen chart
Technical analysis trends BASF SE
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 75,9 €
Spread / Average Target -6,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Kurt W. Bock Chairman-Executive Board
Jürgen Hambrecht Chairman-Supervisory Board
Hans-Ulrich Engel Chief Financial Officer
Martin Brudermüller Chief Technology Officer
Michael Diekmann Vice Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BASF SE14.55%79 323
DOW CHEMICAL CO7.65%62 147
GBL-2.33%13 005
EVONIK INDUSTRIES AG-14.19%12 917
KONINKLIJKE DSM22.21%10 862
MITSUBISHI CHEMICAL HO..-4.23%9 671
More Results