Company profile page for BASF SE including stock price, company news, press releases, executives, board members, and contact information All Rights Reserved.The restructuring will impact about 20,000 of the firm’s 115,000 employees, but BASF will not necessarily cut jobs, according to Brudermüller. But the BASF chairman rejected the notion that rolling out digitization across the business will necessarily lead to job losses.BASF said it is seeking to secure all future growth of its business without increasing carbon dioxide emissions. The lawsuit initially named Monsanto, which was acquired by Bayer in 2018. Your username is now your ACS ID.This article has been sent to the following recipient:ACS values your privacy. Explore more on Basf “Hardly anything comes for free. The firm will, however, seek to adjust its portfolio.
“You’ll hear what they had to say and when they had to say it.”During the trial, BASF’s witnesses, which will include many BASF executives and scientists, will show that the company was careful to test Engenia, its version of the herbicide, and took care to investigate any claims of off-target movement, Mandler said.Mandler pointed out that BASF had no role in the decision to release the dicamba-tolerant seeds prior to the appropriate herbicides being released and never intended for farmers to illegally spray older versions of dicamba, including BASF’s Clarity weed killer.In a slide-show presentation by the plaintiff, internal Monsanto documents showed estimates of thousands of complaints each year after adoption of the systems, including 1,305 complaints in 2016 and a record high of 3,259 complaints in 2018.A trial of the lawsuit, originally filed in November 2016 by southeastern Missouri peach farmer Bill Bader, began Monday and is expected to last two to three weeks. Other planned changes include the wider use of digitization and automation. Although efficiency improvements will be needed, more staff will be required to implement the planned growth of the business, Brudermüller said.If you have an ACS member number, please enter it here so we can link this account to your membership. The company had plenty of reasons to release its new seeds without the accompanying herbicides, Miller said, including higher yield, other useful traits and farmer demand.Monsanto and BASF also developed accompanying weed killers that were touted as less likely to drift and released those for the 2017 growing season, but complaints about drift continued.Some of you have opted to give a regular donation. Despite BASF promising to increase its dividends to shareholders as part of its new growth plan, the firm’s share price after the briefing had dipped by about 4% to $76.60 per share.The firm plans to digitize processes at more than 350 of its plants around the world by 2022. There are endless career opportunities at the BASF sites in Louisiana. Instead, they are “fierce competitors” who are trying to sell new versions of dicamba to the same farmers growing the new cropping system.For years, Monsanto and BASF have been blaming alleged crop damage from the weed killer dicamba on other factors, including weather, other pesticides and applicator misuse.Bader Farms, the largest peach farm in Missouri, is on the brink of collapse because of a situation “entirely foreseen and foreseeable” by Monsanto and BASF, said Billy Randles, the lead attorney for Bader. News and comment on genetically modified foods and their associated pesticides ... BASF prepared for drift complaints prior to dicamba launch Details Published: 28 January 2020 Twitter. The firm will invest about $460 million annually on efficiency improvements—significantly more than it has spent in previous years.Copyright © 2020 American Chemical Society.
To this end, the firm is continuing with previously announced plans to divest its construction chemicals business.Sign up for C&EN's must-read weekly newsletter BASF and Corteva have filed separate motions to intervene following the decision by the United States Court of Appeals for the Ninth Circuit to vacate the federal registrations of three dicamba-based herbicides — Bayer/Monsanto’s XtendiMax; DuPont’s FeXapan; and BASF’s Engenia. Find Basf Latest News, Videos, Pictures on Basf and see latest updates, news, information. . Documents also showed the companies prepared for complaints about the weed killer prior to the new genetically modified crop systems being released.The lawsuit alleges that the companies released the dicamba-tolerant soybean and cotton seeds and accompanying herbicides knowing that it would likely drift and damage non-tolerant seeds in order to make farmers buy the companies’ systems. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. If Bader can’t prove that, then none of the other allegations matter, Miller said.German agribusiness companies Bayer and BASF face allegations in a civil lawsuit that they created circumstances that damaged millions of acres of crops by dicamba in order to increase profits from a set of new dicamba-related products offered for sale beginning in 2015.Each year since 2015, farmers across the Midwest and South have filed an increasing number of complaints about dicamba-related damage to their crops.“You’ll hear the proof not in my words, but in their words,” Randles said.
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