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Chemical giant BASF to axe 500 jobs
Jobs

Chemical giant BASF to axe 500 jobs

German chemicals giant BASF said Tuesday it planned to axe around 500 jobs worldwide, including 350 in Switzerland, in its so-called performance products division over the next two years.
BASF boosts Russian gas pipeline
Russia

BASF boosts Russian gas pipeline

Russia's bid to build a rival to a US-backed gas pipeline to Europe received a major boost this week when the project was joined by the hydrocarbon subsidiary of the German powerhouse BASF.
Chemical giant BASF sees profits soar
Economy

Chemical giant BASF sees profits soar

BASF, the world's biggest chemicals company, presented stunning 2010 results on Thursday, bouncing back from a slump in 2009 and giving an upbeat outlook for the current year despite problems in Libya.
BASF looks to invest billions in Asia
China

BASF looks to invest billions in Asia

The world's biggest chemical firm, BASF, will invest more than €2 billion ($2.6 billion) in Asia by 2014, with more than half the sum earmarked for China, a senior executive said on Monday.
BASF pledges no job cuts until 2015
Money

BASF pledges no job cuts until 2015

Germany's BASF, the world's largest chemicals company, said on Wednesday it has pledged to the 33,000 workers at its main plant at Ludwigshafen not to make any redundancies until 2015.
Asian business boosts BASF Q1 profit
Fr

Asian business boosts BASF Q1 profit

The world's leading chemical company, BASF, posted Thursday a better than expected first quarter profit on the back of strong demand from Asian economies and inventory build up.
BASF surprises with strong Q4 results
Fr

BASF surprises with strong Q4 results

German chemicals giant BASF posted stronger than expected fourth quarter results on Thursday, saying the worst was over after its 2009 net profit was less than half from the previous year.
BASF cuts 3,700 jobs
Economy

BASF cuts 3,700 jobs

The German chemical giant BASF announced on Monday 3,700 job cuts by 2013 under a deep restructuring plan that follows its takeover of the Swiss group Ciba.
BASF warns of job cuts
Economy

BASF warns of job cuts

The head of German chemical giant BASF sought to prepare staff for possible job cuts stemming from the global economic crisis, in an interview to appear on Thursday.