BASF Presses Ahead with Capital Guidance for 2018
Attachment: BASF
SUGAR LAND--May 8, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Global chemicals major BASF SE (Ludwigshafen, Germany) is maintaining its financial outlook for 2018 despite a slight drop in net earnings for the first quarter. The outlook includes euro 4.0 billion (US$4.77 billion) in capital expenditures for the year. Industrial Info is tracking US$3.56 billion in BASF capital project activity, including US$1.6 billion worth in the U.S.
Within this article: BASF's MDI expansion project in Geismar, Louisiana.
