BASF SE is a German multinational chemical company and the largest chemical producer in the world. 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, the Americas and Africa. Its headquarters is located in Ludwigshafen, Germany. BASF has customers in over 190 countries and supplies products to a wide variety of industries. Despite its size and global presence, BASF has received relatively little public attention since it abandoned manufacturing and selling BASF-branded consumer electronics products in the 1990s.
At the end of 2019, the company employed 117,628 people, with over 54,000 in Germany. In 2019, BASF posted sales of €59.3 billion and income from operations before special items of about €4.5 billion. The company is currently[when?] 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, India.
BASF 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 company is a component of the Euro Stoxx 50 stock market index
Type Public (Societas Europaea)
Traded as FWB: BAS
Founded 6 April 1865; 155 years ago (as Badische Anilin und Soda Fabrik); Mannheim, Baden
Founder Friedrich Engelhorn
Headquarters Ludwigshafen, Germany
Key people Jürgen Hambrecht (Chairman of the supervisory board), Martin Brudermüller (CEO and Chairman of the executive board)
Products Chemicals, plastics, performance chemicals, catalysts, coatings, crop technology, crude oil and natural gas exploration and production
Revenue Decrease €59.316 billion (2019)
Operating income Decrease €4.052 billion (2019)
Net income Increase €8.421 billion (2019)
Total assets Increase €86.950 billion (end 2019)
Total equity Increase €42.350 billion (end 2019)
Number of employees Decrease 117,628 (end 2019)