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Summary The Energy Transitions Commission estimates that decarbonizing the global economy will require a $50 trillion investment in sustainable infrastructure through 2050. One area worth keeping an eye on is the commodity chemicals industry, which uses natural-gas-fired “c...
FLORHAM PARK, N.J., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Lori Goucher, BASF Senior Vice President of Investments and Technology, Catalysts Division, was one of thirteen women inducted into the Women in Manufacturing (WiM) Hall of Fame at a recent ceremony and gala. The WiM Hall of Fame o...
Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US inflation is softening in July but continues to...
Summary We're revisiting DuPont de Nemours, Inc., now yielding over 2.5% with one of the more significant chemical companies in the world. We're now down 20% from my last article - and the undervaluation is starting to reach almost ridiculous levels for DuPont. DuPont is mostl...
BASF ( OTCQX:BASFY ) +2% in German trading Wednesday after saying it will implement a new cost-saving program worth €500M/year in 2023 and 2024, including job cuts, as the company took a €740M impairment on a partial writedown of its subsidiary Wintershall Dea'...
Summary The deepening EU energy crisis is starting to bring down the continent's entire investment environment. A few investment opportunities may emerge, since not all companies are fundamentally affected. Nokia may be one of those exceptions since it mostly produces telecom...
Summary Europe's economic metrics held up decently in the first half of this year, giving rise to some optimism in regards to the economic fallout from its economic divorce with Russia. Deutsche Bank recently released an estimate for EU 2023 GDP growth of -2.2%. I believe that it ...
BASF ( OTCQX:BASFY ) and X-ELIO have signed a 12-year power purchase agreement (or PPA) to supply 48 megawatts of solar power to BASF’s Verbund site in Freeport, Texas. With this agreement in place, 100% of the site’s expected purchased power will be supplie...
PPA agreement totaling 48 MW of solar energy Renewable energy from X-ELIO’s Liberty Solar Photovoltaic and Energy Storage Plant, located in Houston 100% of the Freeport site’s purchased power from renewable energy sources FREEPORT, Texas, Sept. 14...
Summary Since 2021, gas prices have been rising, but BASF maintained performance and has raised the outlook multiple times already. Yet, the time of production cuts is nearing with the CEO going on record, this would materialize towards winter. With the effective loss of Russi...
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Bogota Financial Corp. (BSBK) is expected to report for Q2 2024 Capital Product Partners L.P. (CPLP) is expected to report $0.17 for Q2 2024 Colgate-Palmolive Company (CL) is expected to report $0.87 for Q2 2024 ARCA biopharma Inc. (ABIO) is expected to report for Q2 2024 Barnes G...
AFFF MDL PLANTIFFS' EXECUTIVE COMMITTEE LEADERSHIP STRIKES $316.5M DEAL WITH BASF FOR SAFER WATER PR Newswire Pending final approval, first payment distribution scheduled for March 2025 CHARLESTON, S.C. , May 21, 2024 /PRNewswire/ -- In the continued effo...
FLORHAM PARK, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, BASF Corporation (“BASF”), the North American affiliate of BASF SE, agreed to a settlement with a nationwide class of public water systems that detected PFAS in their drinking water sources, which they allege to b...