BASF SE - Company Profile
Powered by 
All the data and insights you need on BASF SE in one report.
$295
- Save hours of research time and resources with
our up-to-date BASF SE Strategy Report
- Understand BASF SE position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Business Description
BASF SE (BASF) is a chemical company, which carries out research and development (R&D), production, marketing and sales of chemicals, plastics, crop protection products, and performance products. The company operates through six reportable business segments; Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. In FY2023, the company incurred a capital expenditure of EUR5,395 million, which grew 23.3% YoY.
R&D Overview
The company’s research and development (R&D) efforts focus on developing innovative processes, products and technologies for a sustainable future. The company aims to expand its innovation pipeline with a focus on sustainability. This includes the development of climate protection technologies, circular economy and sustainable products. It is currently developing technologies for the production low-emission basic chemicals, new battery materials, catalyst technologies, chemical recycling of plastics and digital climate with smart farming models. The company has three global research divisions including Process Research & Chemical Engineering (Germany), Advanced Materials & Systems Research (China) and Bioscience Research (the US). It has around 10,000 employees working in these R&D centers. In FY2023, the company filed for 1,046 new patents worldwide. In FY2023, it spent EUR2,130 million on R&D, which as a percentage of revenue, was 3.1%. ? ?
Business Segments
- Chemicals
- Industrial Solutions
- Materials
- Nutrition & Care
- Agricultural Solutions
- Other
- Surface Technologies
Overview
It supplies basic chemicals and intermediates to other segments. Petrochemicals: It offers basic chemicals and specialties to internal and external customers. Major products include butadiene, benzene, ethylene, propylene, plasticizers, alkylene oxides, alcohols, solvents, acrylic monomers, glycols, styrene and polystyrene, styrenic foams and superabsorbents. Intermediates: Provides intermediates and specialties that are used as precursors for products such as coatings, plastics, pharmaceuticals, textile fibers, and crop protection products. Its basic products are alkylamines and alkanolamines, butanediol and derivatives, neopentyl glycol, formic and propionic acid. Specialties products include specialty amines such as polyetheramine and tertiary butylamine, gas treatment chemicals, acid chlorides, vinyl monomers, chloroformates and chiral intermediates. In FY2023, the segment incurred a capital expenditure of US$2,706 million, which grew 59.1% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
It includes Dispersions & Pigments besides Performance Chemicals divisions. It develops and markets additives and ingredients for industrial applications such as pigments, polymer dispersions, resins, antioxidants, electronic materials, oilfield chemicals and additives. Dispersions & Pigments: Major products include polymer dispersions, resins, pigments, additives and electronic materials. Performance Chemicals: Major products are antioxidants, light stabilizers, flame retardants, fuel and refinery additives, brake fluids, engine coolants, polyisobutene, lubricant additives, and base stocks. In FY2023, the segment incurred a capital expenditure of US$285 million, which declined 11.5% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
It includes Performance Materials and Monomers divisions. It offers isocyanates and polyamides besides inorganic basic products and specialties for the plastics and plastic processing industries. Performance Materials: Offers thermoplastic polyurethanes, and foam specialties for construction, transportation and consumer goods and industrial applications sectors. Major products include engineering plastics, biodegradable plastics, foam specialties and polyurethanes. Monomers: Provides polyamides and isocyanates besides inorganic basic products and specialties for plastics, automotive and construction industries. Major products are ammonia, caprolactam, isocyanates (MDI, TDI), adipic acid, chlorine, glues urea and impregnating resins, polyamides 6 and 6.6, caustic soda, standard alcoholates, and nitric and sulfuric acid. In FY2023, the segment incurred a capital expenditure of US$1,083 million, which grew 23.1% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
It includes Care Chemicals and Nutrition & Health divisions. Its customers include food and feed producers, cosmetics, pharmaceutical, and detergent and cleaner industries. Care Chemicals: Offers ingredients for detergents, cosmetics and cleaner industries and agrochemical and technical applications. Major products are emollients, cosmetic active ingredients and UV filters among others. Nutrition & Health: Provides products for flavor and fragrance, food and feed, pharmaceutical and bioethanol sectors. Major products include sterols, enzymes, vitamins, carotenoids, omega-3 fatty acids, emulsifiers, human milk oligosaccharides, citral, geraniol, L-menthol and linalool, citronellol, valencene and nootkatone. In FY2023, the segment incurred a capital expenditure of US$765 million, which grew 19.2% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes herbicides, fungicides, insecticides and biological crop protection products besides seeds and seed treatment products. Fungicides: Protects crops against harmful fungal diseases. Major products include F500, Boscalid, dimethomorph, Initium, metiram, metrafenone, Revysol, Serifel and Xemium. Herbicides: Reduces competition from weeds for nutrients, sunlight and water. Major products are dimethenamid-p, Basta, Engenia, Finale, imazamox, Kixor, Liberty, pendimethalin topramezone and Tirexor. Insecticides: Combats insect pests in agriculture and beyond. Major products include chlorfenapyr, fipronil, Alpha-cypermethrin, Inscalis, Interceptor, Nealta, teflubenzuron and Termidor. Seed Treatment: Offers biological and chemical crop protection and inoculants. Major products are Flo Rite, ILeVO, Integral, Nodulator PRO, PONCHO, Serifel, Systiva, Vault HP, and Velondis. Seeds & Traits: Includes optimization and development of seeds and new traits. Major products are Credenz, FiberMax, InVigor, LibertyLink, Nunhems and Stoneville. In FY2023, the segment incurred a capital expenditure of US$353 million which declined 14.7% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes income generated from other activities. In FY2023, the segment incurred a capital expenditure of US$195 million, which declined 27.2% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
It includes the Catalysts and Coatings divisions. Its portfolio includes coatings, surface treatments, catalysts and battery materials for the chemical and automotive industries. Catalysts: Offers battery materials, precious metal trading, clean air technologies and recycling. Coatings: Provides decorative paints, automotive OEM coatings and automotive refinish coatings. In FY2023, the segment incurred a capital expenditure of US$621, million which declined 16.1% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
- Asia Pacific, excluding Greater China
- Europe, excluding Germany
- Germany
- Greater China
- North America
- South America, Africa, Middle East
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer