BASF SE Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
BASF SE |
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Year of Incorporation |
1865 |
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Industry |
Chemical Industry |
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Geographical Presence |
Global |
Introduction: Based in Germany, BASF operates as a multinational Chemical company and is engaged in the provision of a large number of chemical products and intermediates.
It is the largest chemical producer in the world with operations in more than 80 countries and the company operates six integrated production sites and 241 other production sites in Europe, Asia, Australia, the Americas and Africa.
Segments:
The company operates its business through 11 divisions that are aggregated into six segments based on their business models. They manage our 52 global and regional business units and develop strategies for the 75 strategic business units.
The key segments include: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, Agricultural Solutions, and Other.
Chemicals - petrochemicals and intermediates
Materials - isocyanates and polyamides as well as inorganic basic products and specialties for the plastics and plastics processing industries.
Industrial Solutions - ingredients and additives for industrial applications such as polymer dispersions, pigments, resins, electronic materials, antioxidants, and additives.
Surface Technologies - chemical solutions for surfaces with the catalysts and coating divisions
Nutrition and Care - ingredients and solutions for consumer applications in the areas of nutrition, home, and personal care.
Agricultural Solutions - fungicides, herbicides, insecticides, and biological crop protection products, as well as seeds and seed treatment products.
Other - commodity trading, engineering and other services, as well as rental income and leases.
The company operates internationally across the regions of Europe, Asia Pacific, North America, Central America, South America, Africa, and the Middle East.
BASF operates six Verbund sites and 241 additional production sites in more than 90 countries.
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CURRENT DATA |
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Company Revenue ( 2019) |
59,316 million EUR |
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Net Income (2019) |
2,737 million EUR |
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CEO and President of the Board |
Martin Brudermuller |
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Number of Employees (As of 2019) |
117,628 |
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Corporate Address |
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Rheinland-Pfalz, 67056, Germany |
Strategies:
The Chemicals segment of the company mainly focuses on maintaining and developing the Production Verbund.
The Verbund concept was developed and optimized here and later applied to other sites around the world.
Verbund Sites: Ludwigshafen (Germany), Antwerp (Belgium), Nanjing (China), Kuantan (Malaysia), Freeport (Texas), Geismar (Texas)
In 2020, BASF started construction of the first plant at the planned integrated Verbund site in Zhanjiang, China.
The largest Verbund site of the BASF Group is located in Ludwigshafen, Germany.
With an employee count of over 117,628 and experience of 161 years, BASF generated sales of around €59 billion in 2020.
The company was incorporated in 1865 and is headquartered in Germany.
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CONTACT INFORMATION |
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Phone Number |
+49 (0) 621 60-0 |
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Fax No. |
49 621 6042525 |
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Website |
www.basf.com |