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BASF

Overview
Activities
Financials

BASF (NYSE: BASF) is the largest chemical company in Germany and a leading global chemical supplier. The BASF Group has joint ventures and subsidiaries in over 80 countries and 390 different production sites, including six integrated production sites. The company generated revenue of EUR 87.3 billion (~USD 92 billion) in 2022. 

BASF offers a range of chemicals, materials, and solutions to a wide range of industries such as automotive, personal care, nutrition, and coatings. The company’s products and services are classified into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. Surface Technologies is the largest, having contributed ~24% of total revenue in 2022, followed by Materials (~21%) and Chemicals (~17%).

Europe was BASF’s largest regional market (~41% of total revenue in 2022), followed by North America (~28%). The company has announced plans to invest EUR 25.6 billion worldwide by 2026 in order to expand its production chain, especially in China, and increase efficiency across all plants. It also plans to reach net zero emissions by 2050. 

HQ Location:
Carl-Bosch-Str. 38 Ludwigshafen DEU
Founded year:
1865
Employees:
10,000+
Subunits:
Future Energy Ventures
Waste Recovery & Management Tech
Waste Recovery & Management Tech
Crop Biotech
Crop Biotech
Smart Farming
Smart Farming
Novel Foods
Novel Foods
Biopesticides
Biopesticides
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Recent Updates

Product updates
Apr 18, 2024
BASF starts operation of prototype metal refinery for battery recycling
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Partnerships
Jan 23, 2024
BASF partners with Iveco Group for EV batteries recycling
Waste Recovery & Management Tech
Partnerships
Product updates
Jan 23, 2024
BASF and Inditex launch loopamid made from textile waste
Waste Recovery & Management Tech
Partnerships
Jan 9, 2024
BASF partners with Stena Recycling to develop improved black mass production processes
Waste Recovery & Management Tech
Funding
Nov 15, 2023
Pyrum Innovations raises EUR 25 million to build new factories and finance projects
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Industry news
Nov 7, 2023
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