What is BASF's current assessment of short-term supply chain risks amid the Gulf conflict?

BASF CFO Dirk Elvermann stated that the company does not expect 'significant supply risks for our production' in the coming weeks, citing its regional manufacturing footprint—such as crackers in Port Arthur, Texas; Antwerp, Belgium; and Zhanjiang, China—its ability to use diverse feedstocks, and its cross-divisional crisis response team. He emphasized that 'our setup makes us more resilient and better positioned to keep our customers well supplied.'

How has BASF adjusted its economic outlook following the escalation of the Gulf conflict?

Elvermann said that BASF's February 2025 projections—including global GDP growth of 2.7%, chemical production growth of 2.4%, industrial production growth of 2.3%, and average crude oil pricing of $65/barrel—are now 'too optimistic' from today’s perspective, due to the geopolitical escalation triggered by missile strikes on Tehran.

ChemBrief

Topics Daily Digest Tags

BASF CFO: No Major Supply Disruptions Expected Short-Term

May 6, 2026

BASF CFO states no major supply disruptions despite Gulf conflict, though growth projections are too optimistic due to rising raw material prices. Price hikes on naphtha and gas will impact second-quarter earnings.

icis

2025-12-16

BASF to Sell Optical Brightening Agent Business to ICIG’s Catexel

2026-01-26

BASF Considers Options for TrinamiX Subsidiary

2026-03-02

BASF completes sale of its optical brightening agent business to ICIG's Catexel

2026-03-09

BASF to Sell Selected Hydrosulfite-Related Assets to Silox

2026-05-06

BASF CFO: No Major Supply Disruptions Expected Short-Term