BASF CEO urges swift German government coalition talks
ReutersFeb 28, 2025 11:13 AM
LUDWIGSHAFEN, Germany Feb 28 (Reuters) - The CEO of German chemicals group BASF BASFn.DE urged the prospective German coalition partners - Friedrich Merz's conservatives and the Social Democrats - to come to an agreement to form a government fast and support the economy.
In a press conference after the release of financial results, CEO Markus Kamieth said that the two parties "need to get their act together" and focus negotiations on a limited number of the most important topics.
He also said that the prospect of new U.S. tariffs would not change BASF's long-term investments across world regions because chemical plants were built to run for decades.
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