BASF (OTCQX:BASFY) said Friday it expects to report FY 2024 profits that will miss market consensus due to impairments on battery materials in its surface technologies unit and restructuring costs.

ACT-ion has developed both an efficient and cost-effective means to produce single crystalline cathode active materials for ...

Full-year operating profit was dragged lower by impairments at its battery materials business and by restructuring costs across divisions, the company said. BASF is scheduled to report its full ...

The USD 7.5 million round was led by BASF Venture Capital, with participation from Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management, and LG Technology Ventures. ACT-ion will use ...

BERLIN, Jan 24 (Reuters) - Germany's top chemical maker BASF (BASFn.DE), opens new tab reported a drop in annual earnings below estimates on Friday, weighed by impairments on battery materials in ...

BASF said profits for 2024 are expected to ... as it expects to book a 1.9 billion impairment driven mainly by battery materials in the surface-technologies segment, and restructuring costs.