Welcome to our dedicated page for Basf news (Ticker: BASFY), a resource for investors and traders seeking the latest updates and insights on Basf stock.
BASF (BASFY) is a global leader in chemical innovation, driving advancements in sustainable chemistry and industrial solutions. This dedicated news hub provides investors and professionals with timely updates directly from the company and trusted industry sources.
Access official press releases, earnings reports, and strategic announcements covering BASF's core operations in chemicals, materials science, and agricultural solutions. Our curated collection includes updates on:
• Quarterly financial results and market performance
• Sustainability initiatives and environmental stewardship programs
• Product innovations across industrial and consumer applications
• Strategic partnerships and global operational developments
Bookmark this page for reliable updates on BASF's technological advancements and regulatory compliance milestones. Check regularly for unfiltered access to information critical for informed analysis of this chemical industry player.
BASF is expanding its North American Apprenticeship Development Program by adding nearly 100 apprentices at 20 manufacturing sites. The initiative aims to provide on-the-job training and industry-recognized credentials to address the skilled labor shortage. In 2022, the program achieved a 44% female selection rate among new apprentices. Collaborating with 19 local colleges, BASF emphasizes comprehensive training over 12 to 36 months. This program is critical for developing a skilled workforce, especially as the National Association of Manufacturers projects a 2.1 million job shortage by 2030.
BASF has recognized three leaders at the 2022 STEP Ahead Awards, celebrating women's excellence in manufacturing. Julie Fay, Elba Lizardi, and Brittany Davis were honored for their contributions to the industry. Tobias Dratt, President of BASF North America, emphasized the importance of female role models in addressing the manufacturing workforce crisis, as women represent a significant untapped talent pool. The awards ceremony, held on April 28, 2022, aimed to encourage women to pursue careers in manufacturing. BASF is committed to fostering future female talent in the sector.
BASF and Steelcase have launched the Flex Perch Stool, a sustainable seating solution incorporating BASF’s Ultramid® B3EG6 Ccycled™ material made from recycled waste streams. This marks Steelcase’s first furniture product using advanced recycling technology, promoting circularity and environmental responsibility. The stool, designed for compact storage and user engagement, is 100% recyclable, aligning with Steelcase's mission for sustainable products. Available in North America now, it will also launch in Europe, the Middle East, and Asia in April 2022.
BASF retired Vice President Marie Metzger was inducted into the Women in Manufacturing Hall of Fame. This honor recognizes women who have significantly impacted the manufacturing sector. Metzger's career at BASF spanned over 30 years, where she developed new manufacturing facilities, particularly in the Asia Pacific. She contributed to improving inclusivity at BASF sites and supported initiatives for women in the industry. BASF actively promotes female representation in leadership roles and has various programs to attract and retain women in manufacturing.
BASF has launched its 2021 North American Apprenticeship Development Program (NAADP), welcoming over 30 apprentices across various U.S. sites. The initiative aims to provide on-the-job training and industry-recognized credentials while promoting diversity in manufacturing. In collaboration with local colleges, apprentices will receive practical and academic training, enhancing their career prospects. This program addresses the projected labor shortage of 2.4 million skilled workers in manufacturing by the end of the decade, showcasing BASF's commitment to developing a skilled workforce.
FLORHAM PARK, N.J., June 1, 2021 — Michael Heinz has been appointed Chairman and CEO of BASF Corporation, succeeding Wayne T. Smith. With nearly 40 years at BASF, Heinz has significant leadership experience, having previously led the global Crop Protection division and managed major acquisitions. His appointment aims to strengthen BASF's presence in North America, contributing to the company’s reported sales of $18.7 billion in 2020.
BASF employs approximately 17,000 in North America and focuses on sustainable practices across multiple segments.
