https://www.live-feeds.com/feed/germany-s-basf-approaches-evonik-to-create-global-chemicals-giantContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/germany-s-basf-approaches-evonik-to-create-global-chemicals-gianthttps://www.live-feeds.com/feed/germany-s-basf-approaches-evonik-to-create-global-chemicals-giant#u90897Wed, 30 Sep 2026 12:26:53 +0000German chemical producer BASF has confirmed that it is holding exploratory talks regarding a potential takeover of smaller peer Evonik and RAG-Stiftung. The prospective merger aims to strengthen BASF's specialty chemicals portfolio, boost European growth, and counter intense Chinese competition. While BASF acknowledges the discussions, the course and outcome of the negotiations remain open. The discussions come amid a deep industry crisis affecting the European chemical sector.Why it mattersBASF and Evonik are both major German chemical producers operating within a challenging industrial