BASF is a leading global chemical company headquartered in Ludwigshafen, Germany. The company operates across six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF has a strong focus on sustainability and innovation, aiming to create chemistry for a sustainable future.
Key aspects of BASF's business and strategy include:
- Global presence with production sites and customers in nearly all countries worldwide
- Verbund concept of integrated production to improve efficiency and sustainability
- Focus on innovation and R&D to develop sustainable solutions
- Goal to achieve net zero CO2 emissions by 2050
- Expanding presence in growth markets, particularly in Asia
- Portfolio of over 45,000 different products serving various industries
- Strong commitment to sustainability across operations and value chains
- Emphasis on digitalization to improve processes and develop new business models
- Diverse workforce of around 112,000 employees globally
BASF aims to be the world's leading chemical company for its customers, growing profitably while creating value for society and the environment. The company is investing in new technologies, expanding in growth markets like China, and driving sustainability through initiatives in areas like circular economy, battery materials, and CO2 reduction. With its broad portfolio and global reach, BASF plays an important role in providing solutions to global challenges through chemistry and innovation.