BASF News
BASF is a German chemical company that is diversifying its transport methods due to low Rhine water levels.
BASF explores takeover of Evonik, boosting stock prices
BASF is reportedly exploring a takeover of rival Evonik, leading to a significant rise in Evonik's stock price. The discussions are still in preliminary stages, with Evonik confirming only an informal inquiry from BASF.
BASF invests in transport mix as Rhine water levels drop
BASF is diversifying its transport methods, relying more on road and rail as low water levels in the Rhine River create bottlenecks. The company is undertaking a multi-million euro project to upgrade its infrastructure.
Low Rhine Water Levels Threaten Rising Prices
Low water levels on the Rhine River are expected to cause rising prices, impacting companies like BASF as well as gas stations and consumers along the river, according to an economist.
BASF is a German chemical company that is diversifying its transport methods due to low Rhine water levels.