BASF AG

News & Analysis

basf ag and european commission - All News and Analysis

• ICI faces Cartel fine.

  - 2006-06-02

  The European Commission is to fine ICI GBP63m for price-fixing. A group of chemical companies, including ICI, BASF and Arkema, were investigated for allegedly price-fixing methacrylate, a material used to make resins and plastics, in the 1990s. ICI will now make a provision for the fine...

  Tags: BASF AG, Engineering, European Commission, ICI, plastics

• August proves cruelest month for ICI.

  - 2005-08-26

  August hasn't been kind to ICI. Last week, finance director Tim Scott died suddenly from a heart attack aged just 43. This week, ICI, Degussa and BASF have been charged by the European Commission with operating a price-fixing cartel in the European methacrylates industry between 1995...

  Tags: BASF AG, cartel, European Commission, ICI, SALES, Strategy

• EU probes European chemicals firms for price-fixing

  - 2005-08-22

  BRUSSELS AFP — The European Union's executive commission has begun a formal probe into some of Europe's biggest chemical producers amid suspicions they were involved in price-fixing and anti-competitive behaviour in the market for methacrylates. The chemical companies ICI, BASF and Degussa all said they had been targeted by...

  Tags: Agence France-Presse, BASF AG, chemicals, commission, Engineering, European Commission, SALES

• Oxo alcohol producers look to lift pricing in wake of surging feedstock costs. (Petrochemicals).

  - 2003-02-24

  OXO ALCOHOL producers are struggling to raise prices in the wake of soaring feedstock costs and slowly rebounding demand. At the same time, a proposed oxo alcohol merger in Europe between Celanese and Degussa is facing additional scrutiny from the European Commission EC. ...

  Tags: alcohol, BASF AG, European Commission, FINANCE, Investment, MARKETING, Pricing

• BP divests pipeline stakes. (News: Europe).(British Petroleum Company PLC)(Brief Article)

  - 2002-10-07

  BP PLC has sold two of its three stakes in Europe's largest ethylene pipeline to BASF AG and Sasol Germany GmbH in line with conditions set by the European Commission for the approval of BP's recent takeover of Veba Oel. After...

  Tags: BP Plc, BASF AG, European Commission

• BASF to appeal against fine imposed by the European Commission relating to vitamins.

  - 2001-12-21

  M2 PRESSWIRE-21 December 2001-BASF: BASF to appeal against fine imposed by the European Commission relating to vitamins C1994-2001 M2 COMMUNICATIONS LTD RDATE:21122001 BASF is to lodge an appeal against the fine imposed by the European Commission on November 21, 2001...

  Tags: BASF AG, European Commission, vitamin

• EC Sets Record Price-Fixing Fines. (News).(European Commission fines for vitamin product price-fixing)(Brief Article)

  - 2001-11-26

  THE EUROPEAN Commission imposed last week fines totaling a record [epsilon]855 million ($752 million) on eight chemical companies, headed by Roche and BASF, for participating in eight separate market-sharing and price-fixing cartels in vitamin prod THE EUROPEAN Commission imposed last week fines totaling a...

  Tags: BASF AG, cartel, commission, European Commission, Roche Holding AG, vitamin

• BASF reviewing fine imposed by the European Commission relating to vitamins.

  - 2001-11-23

  M2 PRESSWIRE-23 November 2001-BASF: BASF reviewing fine imposed by the European Commission relating to vitamins C1994-2001 M2 COMMUNICATIONS LTD RDATE:21112001 Today, November 21, 2001, the European Commission imposed fines amounting to EUR 855.22 million on 8 European and non-European vitamins...

  Tags: antitrust, BASF AG, European Commission, SECURITY, vitamin

• BDO buy worries EC.(BASF AG plan to acquire Pantochim, Eurodiol under investigation by European Commission)(Brief Article)

  - 2001-04-01

  BRUSSELS--The European Commission has "serious concerns" over BASF AG's plans to buy Belgian chemical firms Pantochim and Eurodiol, and is to investigate the acquisition. The two Belgian companies are part of the Italian SISAS group. A four-month investigation will focus particularly on butanediol ...

  Tags: acquisition, BASF AG, Engineering, European Commission, FINANCE, Investment

• Joining forces.(mergers and acquisitions in the petrochemicals industry)

  - 2000-10-02

  Has the spate of mergers and acquisitions in petrochemicals laid foundations for a stronger future, asks Simon Robinson? There are two types of merger in the wave that has swept the industry. There are those which are primarily driven by upstream oil ...

  Tags: BASF AG, chemicals, commission, European Commission, FINANCE, Investment, M&A, merger, Shell, The Dow Chemical Co.