
BASF: A Chemical Titan Ready for a Rebound?
🇩🇪 BASF, the world's largest chemical company by revenue, has been impacted by high energy costs and a weak German industrial sector, but maintains a dominant position in specialized chemicals, plastics, agriculture, and industrial solutions.
📉 The company is undergoing a cost-cutting and restructuring program to adapt to lower demand and increased margin pressure, potentially improving its financial performance.
💰 A significant \$10 billion project in China is expected to increase free cash flow in the medium term, with the management projecting an accumulated free cash flow of \$12 billion between 2025 and 2028.