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	<title>BASF-News: Business Politics - Divestitures</title>
	<link>http://www.basf.de</link>
	<description>News about Divestitures by BASF</description>
	<language>de-de</language>
	<copyright>2008, BASF SE</copyright>
	<image>
		<url>http://corporate.basf.com/basfcorp/img/layout/basf_logo_rss.gif</url>
		<title>BASF - The Chemical Company</title>
		<link>http://www.basf.com</link>
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	  <title><![CDATA[BASF sells its Shreveport site and related contract manufacturing business to Dr. Reddy’s Laboratories]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3080</link> 
          <description><![CDATA[FLORHAM PARK, NJ, April 30, 2008 -- BASF announced today that it has signed a definitive agreement to sell its manufacturing facility in Shreveport, Louisiana and the related contract manufacturing business for finished pharmaceuticals to Dr. Reddy’s Laboratories, an international pharmaceutical company headquartered in Hyderabad, Andhra Pradesh, India. Both parties agreed not to disclose financial details of the transaction, which is expected to close today.]]></description> 
	 <pubDate>Wed, 30 Apr 2008 07:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
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	  <title><![CDATA[BASF enters a challenging 2008 with a record first quarter]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3073</link> 
          <description><![CDATA[Ludwigshafen, Germany - April 24, 2008 - The BASF Group has continued on its successful path in the first three months of 2008. Having posted a further record quarter, it is confident with regard to the coming months. First-quarter sales rose by almost 9 percent to €15.9 billion, while income from operations (EBIT) before special items increased by more than 11 percent compared with the same period of 2007 to almost €2.4 billion.]]></description> 
	 <pubDate>Thu, 24 Apr 2008 06:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
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	  <title><![CDATA[BASF to sell Seal Sands site in the UK to INEOS Nitriles]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3033</link> 
          <description><![CDATA[Ludwigshafen, Germany and Lyndhurst, United Kingdom – March 13, 2008 – BASF SE and INEOS Nitriles announced today that they have reached an agreement for INEOS Nitriles to buy the Seal Sands site of BASF plc on Teesside in the United Kingdom.]]></description> 
	 <pubDate>Thu, 13 Mar 2008 08:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
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	  <title><![CDATA[New record year 2007 gives BASF confidence for 2008]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3004</link> 
          <description><![CDATA[Ludwigshafen, Germany – February 21, 2008 – For BASF, 2007 was another record year. Thanks to organic growth and the very positive development of the acquired businesses, BASF posted sales of almost €58 billion and income from operations (EBIT) before special items of more than €7.6 billion in 2007.]]></description> 
	 <pubDate>Thu, 21 Feb 2008 07:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
	</item> 
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	  <title><![CDATA[BASF heading for record year again]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2891</link> 
          <description><![CDATA[- Increased sales (up 5 percent) and EBIT before special items (up 6 percent) in third quarter <br />- Earnings per share more than doubled in third quarter<br />- Positive outlook for 2007: Significant sales increase to nearly €58 billion and EBIT before special items above previous year’s record level<br /><br />BASF – The Chemical Company – also increased its sales and earnings in the third quarter of 2007 and is thus heading for a record year again. BASF’s Chief Financial Officer Dr. Kurt Bock pointed out to analysts and journalists that all segments contributed to the increase in sales. In particular, the businesses acquired last year performed strongly.]]></description> 
	 <pubDate>Tue, 30 Oct 2007 07:30:00 GMT</pubDate> 
	 <category>Divestitures</category>
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	  <title><![CDATA[BASF posts very strong results in second quarter of 2007]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2793</link> 
          <description><![CDATA[- Volume demand remains strong: Second-quarter sales climb to €14.7 billion (up 19 percent)<br />- EBIT before special items reaches €2.0 billion (up 6 percent)<br />- Further portfolio measures: Strategic options under review for parts of styrenics business<br />- Outlook for 2007 confirmed: Significantly higher sales, EBIT before special items to at least match the previous year’s record level<br /><br />BASF – The Chemical Company – remains in top form: In the second quarter and first half of 2007, the company again exceeded the record results posted in the same periods of the previous year. In the second quarter, BASF increased sales by 19 percent and income from operations (EBIT) before special items by 6 percent.]]></description> 
	 <pubDate>Wed, 01 Aug 2007 07:30:00 GMT</pubDate> 
	 <category>Divestitures</category>
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	  <title><![CDATA[BASF evaluates strategic options for selected styrenics activities]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2781</link> 
          <description><![CDATA[- BASF receives initial offer for SM, PS, SBC and ABS activities<br />- BASF’s Styrenics division to focus on foams and specialties<br /><br />BASF Aktiengesellschaft (BASF), Ludwigshafen, announced today (July 17, 2007) that it is evaluating strategic options for selected parts of its styrenics activities. In parallel to the evaluation process, BASF has received an initial offer for selected parts of its styrenics activities, and plans to start discussions with the interested party.]]></description> 
	 <pubDate>Tue, 17 Jul 2007 11:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
	</item> 
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	  <title><![CDATA[BASF completes sale of Wibarco]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2754</link> 
          <description><![CDATA[The sale of BASF’s subsidiary Chemische Fabrik WIBARCO GmbH (Wibarco) to Hansa Chemie International AG has closed. Further approvals by the authorities are not required.]]></description> 
	 <pubDate>Wed, 27 Jun 2007 10:00:00 GMT</pubDate> 
	 <category>Divestitures</category>
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