At BASF, we create chemistry – and have been doing so for 150 years.
As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. We create chemistry for a sustainable future.
Distributes the majority of its cash flow to shareholders through a full payout dividend policy and is a publicly traded subsidiary of Teekay Corporation (NYSE:TK), the worldâ€™s largest owner/operator of medium-sized crude oil tankers.
Generates stable cash flows from long-term, fixed-rate contracts with major oil and utility companies around the world which require liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil marine transportation services.