IHS Chemical Week

Regions :: North America

BASF Sees 'No Lasting Upturn;' Unlikely to Earn Cost of Capital in 2009

1:13 AM MDT | July 30, 2009 | Natasha Alperowicz

BASF says its sales and earnings in the second quarter of 2009 were "negatively impacted by the ongoing global economic crisis." The company's chemicals, plastics, and functional solutions businesses were particularly badly hit by the downturn in the automotive and construction industries. Quarterly Ebit before special items fell 53%, to €1.1 billion ($1.55 billion) on sales 23% lower at €12.5 billion. Second-quarter Ebitda was €1.6 billion, 48% lower than in the second quarter of 2008. The company says lower volumes and prices...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa