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CODE
DE0005151005 - BA Indice: DAX
30
BASF
est le premier groupe chimique au monde. Il est présent dans 6 domaines
d'activité
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matières plastiques et fibres : polyoléfines, PVC, polystyrène,
élastomères polyuréthannes, produits de fibres, alvéolaires,
etc.
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matières colorantes et produits d'ennoblissement : agents adhésifs,
pigments, peintures, produits chimiques auxiliaires, systèmes d'impression
...
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agriculture et produits de chimie fine . Le CA de la branche se répartit
entre - agriculture, chimie fine
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produits chimiques : éthylène, ammoniac, chlore, soude caustique,
engrais azotés,...
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pétrole et gaz : exploration, extraction, raffinage et distribution
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autres activités
BASF
to acquire resins specialist Johnson Polymer
Acquisition of a profitable
and innovative business with high growth rates
Addition of water-based
technology complements BASF’s coating resins portfolio
Strengthens global presence
with focus on North America
BASF, Ludwigshafen, Germany,
today (May 2, 2006) announced an agreement to acquire resins manufacturer
Johnson Polymer, a subsidiary of JohnsonDiversey Inc. of Sturtevant, Wisconsin,
a U.S. cleaning and hygiene products manufacturer. The respective agreement
signed on May 1, 2006 provides for a sale price of $470 million on a cash
and debt-free basis. Both companies have agreed not to disclose additional
financial details of the deal. The transaction, which is still subject
to approval by the relevant authorities, is expected to close by the end
of June 2006. The parties are also seeking the advice of the Johnson Polymer
B.V. (Netherlands) works council prior to finalizing the transaction.
03/01/06 BASF
Makes All-Cash Proposal To Acquire Engelhard Jan 03, 2006
BASF Intends To Offer US$37.00
Per Share For a Total of US$4.9 Billion
Acquisition Would Make BASF
a Leading Provider in the Global Catalyst Business
Ludwigshafen, Germany, January
3, 2006 – BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE:
BFA, SWX: AN), the world’s leading chemical company, has made an all-cash
proposal to acquire all outstanding shares of common stock of Engelhard
Corporation (NYSE: EC), Iselin, New Jersey, USA, a Fortune 500 company
and leading supplier of goods for catalysis and surface finishing, for
US$37.00 per share or an aggregate of US$4.9 billion. This price represents
a 23% premium above the December 20, 2005 closing price of Engelhard’s
stock of US$30.05 and a 30% premium over Engelhard’s 90-day average share
price (VWAP) of US$28.42 as of December 20, 2005. This price also represents
a premium to Engelhard’s 2005 year-end closing price of US$30.15 and to
the four-year-high closing price of US$32.49 achieved on July 14, 2004.
By acquiring Engelhard,
BASF would become a leading provider worldwide in the dynamically growing
catalyst market. “Engelhard is an excellent enhancement for the BASF portfolio,”
said Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors
of BASF Aktiengesellschaft. “By combining the R&D activities of both
companies, BASF would create a unique global technology platform for catalysts
and open up further growth and innovation potential.”
16/12/05 BASF
interested in acquiring Degussa’s construction chemicals business
Dec 16, 2005
4 percent annual growth
in construction chemicals market
BASF board member Kreimeyer:
“Opening up new potential”
BASF is interested in acquiring
Degussa’s construction chemicals division to expand its own portfolio in
a high-growth market through forward integration. With the approval of
its Supervisory Board BASF’s Board of Executive Directors has proposed
to Degussa’s Board of Management to conduct exclusive negotiations on the
possible transaction. Following a detailed review of the business case,
BASF plans to make a concrete offer for Degussa’s business. BASF wishes
to start the review as quickly as possible.
The global construction
chemicals market is valued at around €13 billion and is attractive
in view of annual growth of about 4 percent, relatively stable margins
and high potential for innovation. The acquisition of Degussa’s business
would give BASF rapid access to additional industrial customers and end-users.
BASF Board member Dr. Andreas
Kreimeyer considers the combination of BASF’s expertise in chemistry and
the extensive applications know-how of Degussa’s construction chemicals
division to be an excellent means of expanding BASF’s business: “As market
and technology leader and the largest supplier of construction chemical
products, Degussa is an important global partner to the construction industry.
Together with our own activities, we can open up new growth potential.
We are interested in this business because of its global reach, its presence
in important growth markets, in particular North America and Asia, and
because of the high level of knowledge and innovativeness of its employees.”
02/11/05 BASF
continues to grow profitably 11/02/05
Higher sales (plus 11 percent)
and EBIT before special items (plus 13 percent)
Earnings impacted by high
raw material prices and hurricanes in the United States
Cost saving goals increased
in North America
Outlook for full year 2005
improved further:
- Significant increase in
sales and EBIT before special items
- Further increase in premium
on cost of capital
BASF continued on its growth
path in the third quarter of 2005. This was confirmed by a further improvement
in the figures presented at the company’s Fall Press Conference in Ludwigshafen.
The strong business performance seen in the first half of the year maintained
its momentum in the third quarter. The summer lull was less pronounced
than expected. With strong demand on the one hand, and very high and very
volatile oil prices on the other, necessary price increases could be passed
on to the market only to a limited degree.
Compared with the same quarter
of 2004, sales increased by 11 percent to €10.4 billion. Income from
operations (EBIT) before special items rose by 13 percent to more than
€1.3 billion.
Cumulative sales for the
first nine months of the year rose by more than 12 percent to €31
billion. BASF’s profitable growth is underlined by the fact that EBIT before
special items increased by 26 percent to €4.5 billion.
Optimistic outlook for the
full year 2005
Demand for BASF’s products
remains strong. Further increases in raw materials and energy costs continue
to put pressure on margins. For the full year 2005, Dr. Jürgen Hambrecht,
Chairman of the Board of Executive Directors of BASF Aktiengesellschaft,
expects significantly higher sales and EBIT before special items compared
with the previous year’s strong level. “We therefore expect to further
increase the premium earned on our cost of capital,” he said.
In the fourth quarter of
2005, BASF does not anticipate earnings to reach the strong level posted
in 2004. Reasons for this include:
Expected earnings impairments
of €120 million as a result of production losses due to the hurricanes
in the United States.
The lack of gains of €80
million posted in the fourth quarter of 2004 as a result of mark-to-market
accounting for derivatives associated with the weak U.S. dollar.
28/01/05 BASF
acquires electronic chemicals business of Merck KGaA
10/01/05
BASF
bought back shares for €726 million in 2004
Source
Basf.com |
