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Advance Notice: Annual Press Conference on February 28, 2025, at 11.00 a.m. (CET)
On Friday, February 28, 2025, the Annual Press Conference of BASF SE will be held in Ludwigshafen, Germany. At 11.00 a.m. (CET) BASF’s Chairman of the Board of Executive Directors Dr. Markus Kamieth and CFO Dr. Dirk Elvermann will present the 2024 financial results. The conference will be transmitted via the internet.
Joint News Release: Responsible Lithium Partnership is concluding with success: Multi-Stakeholder Roundtable continues its work as a foundation
The Multi-Stakeholder Roundtable (Mesa Multiactor) has achieved its key objective and created a model of collaboration in the Salar de Atacama. As of February 2025, the Roundtable will continue its work as an independent foundation with a focus on water resource management in the Salar, as water scarcity remains a central issue in Salar’s sensitive ecosystem. The newly established format of the Mesa Multiactor provides a vehicle for securing independent funding in the future.
BASF to sell Brazilian decorative paints business to Sherwin-Williams
BASF and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction is structured as a share deal and includes the production sites in Demarchi and Jaboatão, related contracts, the Suvinil and Glasu! brands, and the around 1,000 employees. The divestiture is expected to close in the second half of 2025, subject to the approval of the relevant competition authorities.