BASF says plant utilization rates at Ludwigshafen site have improved
BASF says plant utilization rates at Ludwigshafen site have improved Frankfurt, July 29 (Reuters) - German chemical maker BASF BASFn.DE said on Wednesday that plant utilization rates at its largest chemical complex in Ludwigshafen have improved because of supply disruptions caused by the Middle East conflict.
The statement was made in a release in which it confirmed preliminary results that were recently published.In an unscheduled release earlier this month, BASF raised its 2026 earnings outlook and reported better-than-expected results for the second quarter.
(Reporting by Patricia Weiss, Writing by Ludwig Burger, Editing by Linda Pasquini)
Recent news on BASF SE
See all newsBASF raises Evonik offer to €24 a share, source says (updated)
Evonik rises as BASF reportedly raises takeover bid
BASF has tabled bid of €24 per share to Evonik board, source says
BASF raises Evonik offer to over €11 billion, Bloomberg News reports
Brief: BASF Increases Bid For Chemicals Rival Evonik To Over €11 Billion - Bloomberg News