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BASF’s Construction Chemicals division increased prices across Europe during the first quarter of 2017, resulting in effective prices 2–3% above prior year. The price increase was necessary to continue to provide customers with high quality products and high levels of service in an environment of rising personnel and raw material cost. As of May 15, 2017, BASF will implement a further 4–7% price increase on all project-based price quotations and expiring contracts. All contractual obligations towards customers will be fulfilled.
BASF: EBIT before special items declines
BASF generated sales of €59.3 billion in the 2019 business year; the slight decline in sales compared with the previous year resulted from lower volumes and prices. Income from operations (EBIT) before special items was €4.5 billion, down by €1.7 billion from the prior-year level as a resul ... more
BASF wants to promote more women in leadership positions
By 2030, BASF wants to increase the proportion of women in leadership positions to 30 percent worldwide. At the end of 2019, the proportion of female managers was 23.0 percent (2018: 21.7 percent). In 2015, BASF had set itself the target of increasing the proportion of women in leadership r ... more
BASF announces Schwarzheide, Germany, as location for cathode active material production in Europe
BASF is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active materials (CAM) with an initial capacity enabling ... more
Industrial implementation of the ammonia synthesis - How does it work?
In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize ... more
