BASF Net Worth is$82.2 B
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Company Name: BASF SE
Company Type: European Company Statute
Traded As: BAS, BASFY
Foundation: 1865
Location: Ludwigshafen, Germany
Key People: Eggert Voscherau (Chairman of the supervisory board), Kurt Bock (chief executive officer and Chairman of the executive board)
Industry: Chemical industry
Products: Chemicals, plastics, performance chemicals, catalysts, coatings, Agricultural science, crude oil and natural gas Hydrocarbon exploration and production
Revenue: Euro73.497 billion (2011) Operating Income: €8.586 billion (2011) Net Income: €6.188 billion (2011) Equity: €25.385 billion (end 2011) Assets: €61.175 billion (end 2011) Num Employees: 111,141 (end 2011) Homepage: []
Intl: yes
BASF SE is the largest diversified chemical company in the world and is headquartered in Ludwigshafen, Germany.BASF originally stood for Badische Anilin- und Soda-Fabrik (English: Baden Aniline and Soda Factory). Today, the four letters are a registered trademark and the company is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange. The company delisted its ADR from the New York Stock Exchange in September 2007.
The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, Americas and Africa. Its headquarters is located in Ludwigshafen am Rhein (Rhineland-Palatinate, Germany). BASF has customers in over 200 countries and supplies products to a wide variety of industries. Despite its size and global presence BASF has received relatively little public attention since abandoning its consumer product lines in the '90s.
At the end of 2010, the company employed more than 109,000 people, with over 50,800 in Germany alone. In 2010, BASF posted sales of a??63.87 billion and income from operations before special items of about a??8.1 billion. The company is currently expanding its international activities with a particular focus on Asia. Between 1990 and 2005, the company invested a??5.6 billion in Asia, for example in sites near Nanjing and Shanghai, China and Mangalore in India.
BASF was founded on 6 April 1865 in Mannheim, in the German-speaking country of Baden by Friedrich Engelhorn. He had been responsible for setting up a gasworks and street lighting for the town council in 1861. The gasworks produced tar as a byproduct, and Engelhorn used this for the production of dyes. BASF was set up in 1865 to produce other chemicals necessary for dye production, notably soda and acids. The plant, however, was erected on the other side of the Rhine river at Ludwigshafen because the town council of Mannheim was

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BASF Latest News

BASF, LetterOne to merge oil-and-gas arms

Germany's BASF SE (BAS.XE) said Thursday that it has signed a letter of intent with LetterOne Group to merge their respective oil-and-gas subsidiaries, Wintershall AG and DEA. The new venture will be one of Europe's largest independent exploration and ...
Posted: December 7, 2017, 11:23 pm

BASF opens its first automotive coatings production plant in Thailand

BASF’s Coatings division inaugurated a new automotive coatings plant at its Bangpoo manufacturing site, Samutprakarn province, Thailand. The new plant is the first BASF automotive coatings manufacturing facility in ASEAN, and will produce solventborne ...
Posted: December 14, 2017, 1:08 am

BASF consultant: Use treatments for largest impact

SPOKANE — Cereal farmers must look at the goals they set for their operations when using seed treatments and fungicides to increase productivity, says a consultant with BASF. Paula Halabicki, technical market manager for plant health fungicides for corn ...
Posted: December 13, 2017, 10:40 am
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