BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe

BASF SE BASFY announced a new distribution partnership with OQEMA, a leading chemical distributor in Europe, aimed at supplying polymer dispersions and additives for construction and architectural paints and coatings. Effective from Jan. 1, 2026, the collaboration will cover selected Central and Eastern European countries.

The collaboration will perfectly integrate BASFY’s innovative solutions with OQEMA’s strong local presence, extensive sales network, technical expertise and storage facilities. It reinforces BASFY’s ability to meet the evolving needs of the customers.

The customers will now enjoy swift deliveries, prompt technical advice and transition toward more sustainable and high-performance formulations. They can benefit from in-depth knowledge and technical advice, such as application laboratories for customized formulations and testing methods.

The partnership is positioned to support innovation and growth in the Central and Eastern European paints and coatings market, which will broadly cover 14 countries. The companies share a strong commitment to quality, reliability and sustainable development, helping customers transition to a circular ecosystem.

BASFY’s shares have gained 21.9% over the past year against the industry’s 14.5% decline.

BASFY’s Zacks Rank & Key Picks

BASFY currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Basic Materials space are Kinross Gold Corporation KGC, Fortuna Mining Corp. FSM and Equinox Gold Corp. EQX.

At present, KGC sports a Zacks Rank #1 (Strong Buy), while FSM and EQX carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for KGC’s current-year earnings is pegged at $1.67 per share, indicating a rise of 145.59%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 17.37%. KGC’s shares have gained 210.4% over the past year.

The Zacks Consensus Estimate for FSM’s current fiscal-year earnings is pinned at 76 cents per share, indicating a 65.22% year-over-year increase. Its shares have surged 126% over the past year.

The Zacks Consensus Estimate for EQX’s current-year earnings stands at 54 cents per share, reflecting a 170% year-over-year increase. Its earnings beat the Zacks Consensus Estimates in two of the trailing four quarters and missed twice, with the average earnings surprise of 87%.

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This article originally published on Zacks Investment Research (zacks.com).

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