As a whole, the basic materials sector seems to be predominantly mature in terms of its industry life cycle. Companies appear to be highly competitive and consolidation seems to be a common theme.

MANILA, Philippines – Basic Energy Corp. has forged a partnership with a German-backed solar developer in Asia to develop 10 megawatts (MW) of solar projects in two locations in Pangasinan, marking ...

Texas-based Basic Energy Services has signed a letter of intent with private equity firm Quantum Energy Partners to fund future transactions and joint ventures. Quantum has agreed to provide up to ...