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	<title>BASF-News: Business Politics - Finance</title>
	<link>http://www.basf.de</link>
	<description>News about  BASF Finance</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 strengthens network of admixture systems plants in China ]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3088</link> 
          <description><![CDATA[Shanghai, CHINA, May 8, 2008 – BASF today opened a new concrete admixture plant in Wuhan, Hubei Province. The facility has been established to manufacture advanced concrete admixtures to benefit customers in central China’s major provinces including Hubei, Hunan and Jiangxi.  ]]></description> 
	 <pubDate>Thu, 08 May 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</category>
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	  <title><![CDATA[BASF Venture Capital GmbH invests in Deutsche Rohstoff AG]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3087</link> 
          <description><![CDATA[BASF Venture Capital GmbH, Ludwigshafen, is investing in Deutsche Rohstoff AG, Heidelberg. Deutsche Rohstoff AG, a private company, is primarily involved in exploration of industrial metals, precious metals and rare earth elements, and has access to proven raw material reserves. ]]></description> 
	 <pubDate>Thu, 08 May 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</category>
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	  <title><![CDATA[BASF to strengthen its automotive business in India]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3086</link> 
          <description><![CDATA[Mumbai, INDIA, May 6, 2008 – BASF announced its plans to expand its offerings for the automotive industry in India with investments in plants and technology. The company will build a new engineering plastics compounding plant at its existing site in Thane, which is expected to come on stream by the second half of 2009.]]></description> 
	 <pubDate>Wed, 07 May 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</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>Finance</category>
	</item> 
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	  <title><![CDATA[BASF announces major bioplastics production expansion]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3068</link> 
          <description><![CDATA[BASF SE has announced plans for a significant expansion of its production plant for the biodegradable plastic Ecoflex® at the company’s Ludwigshafen site. The move will raise Ecoflex production capacities from the current 14,000 by 60,000 metric tons per year. Production at the expanded plant will commence in the third quarter of 2010.]]></description> 
	 <pubDate>Thu, 17 Apr 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</category>
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	  <title><![CDATA[BASF and SINOPEC submit feasibility study for $900 million expansion of Nanjing site]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=3039</link> 
          <description><![CDATA[Beijing, China – March 19, 2008 – BASF and China Petroleum & Chemical Corporation (Sinopec Corp.) today submitted the technical and commercial feasibility study for the approval of the planned $900 million expansion of their joint chemical Verbund site in Nanjing to the Chinese government.]]></description> 
	 <pubDate>Wed, 19 Mar 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</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>Finance</category>
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	  <title><![CDATA[BASF Venture Capital invests in venture capital FINTECH GIMV Fund]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2981</link> 
          <description><![CDATA[BASF Venture Capital GmbH, Ludwigshafen, Germany, has invested in the venture capital FINTECH GIMV Fund L.P. (FGF), which focuses on Japan-based high-tech startup companies.]]></description> 
	 <pubDate>Mon, 04 Feb 2008 08:00:00 GMT</pubDate> 
	 <category>Finance</category>
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	  <title><![CDATA[BASF Venture Capital invests in North American investment fund ARCH Venture Fund VII]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2940</link> 
          <description><![CDATA[BASF Venture Capital America Inc., Fremont, CA, has invested in ARCH Venture Fund VII – a venture capital fund managed by ARCH Venture Partners, Chicago, IL. ARCH invests at a very early stage in start-up companies from the material science, life science, as well as information technology and biotechnology sectors in North America. The majority of these start-ups have been spun off from universities or national research laboratories.]]></description> 
	 <pubDate>Tue, 11 Dec 2007 08:15:00 GMT</pubDate> 
	 <category>Finance</category>
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	  <title><![CDATA[BASF increases capacity for higher oxo alcohols and plasticizers in Ludwigshafen]]></title>  							 
	  <link>http://media.basf.com/en/presse/mitteilungen/pm.htm?pmid=2924</link> 
          <description><![CDATA[- Capacity for higher oxo alcohols rises by 80,000 metric tons per year <br />- Plasticizer production capacity increased by 40,000 metric tons per year <br /><br />BASF is to raise production capacity in Ludwigshafen for higher oxo alcohols by 80,000 metric tons to a total of 390,000 metric tons per year. The additional capacity is earmarked mainly for the manufacture of plasticizers, whose production capacity BASF also plans to raise by 40,000 to 300,000 metric tons per year. The increased plasticizer production capacity is scheduled to be in place by the second quarter of 2008. The additional production capacities for oxo alcohols are to be built up stepwise through to the end of the first quarter of 2009.]]></description> 
	 <pubDate>Tue, 27 Nov 2007 09:30:00 GMT</pubDate> 
	 <category>Finance</category>
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