Click for wikipedia.com on BASF
BASF SE is the largest chemical company in the world and is headquartered in Ludwigshafen, Germany.[2] 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.[3] 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 1990s.
At the end of 2013, the company employed more than 112,000 people, with over 52,500 in Germany alone. In 2013, BASF posted sales of €73.97 billion and income from operations before special items of about €7.2 billion. The company is currently expanding its international activities with a particular focus on Asia. Between 1990 and 2005, the company invested €5.6 billion in Asia, for example in sites near Nanjing and Shanghai, China and Mangalore in India.
History
BASF was founded on 6 April 1865 in Mannheim, in the German-speaking country of Baden by Friedrich Engelhorn. It 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 afraid that the air pollution of the chemical plant could bother the inhabitants of the town. In 1866 the dye production processes were also moved to the BASF site.
BASF refounded
On 28 July 1948, an explosion in which 207 people died occurred in Ludwigshafen. In 1952, BASF was refounded under its own name following the efforts of Carl Wurster.[7] With the German economic miracle in the 1950s, BASF added synthetics such as nylon to its product range. BASF developed polystyrene in the 1930s and invented Styropor in 1951.
Business segments
BASF operates in a variety of markets. Its business is organized in the segments Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions and Oil & Gas. The company occasionally advertises to the public using the tagline "At BASF, we don't make a lot of the products you buy. We make a lot of the products you buy better." Its slogan is "BASF The Chemical Company".
TRUTHMEISTER
I've never claimed to have all the answers but feel i'm beginning to corner the market in questions worthy of solutions.
Recent BASFY News
- BASF Hauling More Product by Road as German Train Strike Starts -- OPIS • Dow Jones News • 01/24/2024 06:41:00 PM
- Trending: BASF Preliminary Figures Miss Expectations • Dow Jones News • 01/19/2024 03:24:00 PM
- BASF Sales, Earnings Miss Forecasts on Lower Margins, Write-Downs -- 2nd Update • Dow Jones News • 01/19/2024 09:23:00 AM
- BASF Sales, Earnings Miss Forecasts on Lower Margins, Write-Downs -- Update • Dow Jones News • 01/19/2024 07:32:00 AM
- BASF Sales, Earnings Miss Forecasts on Lower Margins, Write-Downs • Dow Jones News • 01/19/2024 07:02:00 AM
- Wintershall Dea Sale to Be Reviewed, German Econ Minister Says • Dow Jones News • 01/17/2024 06:24:00 PM
- BASF Restarts Naphtha-Fed Cracker After Maintenance -- OPIS • Dow Jones News • 01/10/2024 06:27:00 PM
- BASF, Stena Recycling Collaborate on EV Battery Recycling • Dow Jones News • 01/09/2024 12:17:00 PM
- Harbour Energy Buys Wintershall Dea Upstream Assets for $11.2 Billion -- Update • Dow Jones News • 12/21/2023 03:20:00 PM
- Harbour Energy Buys Wintershall Dea's Upstream Assets for $11.2 Billion • Dow Jones News • 12/21/2023 02:45:00 PM
- Russia Seizes Wintershall Dea, OMV Stakes in Western Siberia Energy Project • Dow Jones News • 12/20/2023 01:19:00 PM
- BASF Names Markus Kamieth to Succeed Martin Brudermueller as CEO -- 2nd Update • Dow Jones News • 12/20/2023 11:42:00 AM
- BASF Names Markus Kamieth to Succeed Martin Brudermueller as CEO -- Update • Dow Jones News • 12/20/2023 11:10:00 AM
- BASF CEO Martin Brudermueller to Step Down • Dow Jones News • 12/20/2023 10:29:00 AM
- BASF to Give More Autonomy to Battery Materials, Agricultural Units • Dow Jones News • 12/07/2023 01:36:00 PM
- BASF, Vattenfall to Partner on Nordlicht German Offshore Wind Farms • Dow Jones News • 12/05/2023 10:00:00 AM
- Adnoc Weighs Acquisition of Wintershall, Bloomberg Reports • Dow Jones News • 11/24/2023 08:17:00 AM
- BASF to Reduce Investment Spending After Swinging to a Net Loss -- Update • Dow Jones News • 10/31/2023 09:25:00 AM
- BASF Swings to Net Loss After Sales Hurt by Lower Prices, Volumes • Dow Jones News • 10/31/2023 06:37:00 AM
- Wintershall Dea Swings to Net Loss on Weak Oil, Gas Prices • Dow Jones News • 10/30/2023 04:03:00 PM
- Toxic Gas Leaks From BASF Ludwigshafen Complex After Operational Disruption -- OPIS • Dow Jones News • 10/26/2023 04:17:00 PM
- BASF Boosts Ethylene Oxide Output as Unit Comes Online -- OPIS • Dow Jones News • 10/16/2023 06:05:00 PM
- BASF Plans End-Oct. Restart of German Styrene Unit After Turnaround: Sources -- OPIS • Dow Jones News • 10/12/2023 02:13:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM