Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

Germ · Post by **Germ** » Fri Jul 15, 2022 11:54 pm

https://www.marketwatch.com/story/heres ... 1657875171

There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector.

Shares of chemicals companies including BASF BAS, +2.61%, Lanxess LXS, +3.77% and Covestro 1COV, +1.87% have each tumbled over the past month, in part on concern that Russia won’t resume gas flows via the Nord Stream 1 pipeline at the end of the scheduled maintenance period on July 21.

BASF shares have tumbled 34% this year, Lanxess has dropped 37% and Covestro has slumped 41%.

xkhan · Post by **xkhan** » Mon Sep 30, 2024 10:22 am

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xkhan · Post by **xkhan** » Sat Nov 02, 2024 11:51 am

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Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

Re: Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble

Re: Here’s the sector most at risk from Russia permanently shutting off gas to Germany — and it’s taking a tumble