BERLINGermanys chemicals giant BASF SE said it would take a roughly 7.3-billion-euro hit, equivalent to about $7.9 billion, from the exit of its energy unit from Russia and that it expects a net loss for 2022 in the latest major corporate fallout from the war in Ukraine. Network. Contact - BASF SE. 67056 Ludwigshafen. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Read more. Fax Information available as an option. Here you can find detailed information about our products and solutions. It said that is expected to push it to a full-year net loss of nearly 1.38 billion euros, compared with a profit of more than 5.5 billion euros in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. BASF has appointed Dr. Achim Sties to lead the global plastic additives business unit effective January 1, 2023. United States. It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. -. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, Top 10 Chemical Companies in the World in 2021 by Revenue, Top 10 European Automotive Suppliers in 2021 by Revenue, Top 10 Automotive Suppliers in the World in 2021 by Revenue, Top 10 Agricultural Products Companies in the World in 2021 by Revenue, Carl-Bosch-Str. Open a newChase Private ClientChecking account and get a $2000 bonus! BERLIN (AP) Germany -based chemicals maker BASF says it is taking some 7.3 billion euros ( $7.9 billion) in write-downs related to the exit from Russia of its Wintershall Dea gas and oil subsidiary. BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Every working day, more than 50,000 employees across Germany make their way to work at BASF. Visitor Center BASF is headquartered in Ludwigshafen, Germany. You may change your billing preferences at any time in the Customer Center or call A BASF chemical plant in Ludwigshafen, Germany. All material subject to strictly enforced copyright laws. Germany's BASF SE expects to post a net loss for 2022 after booking impairments worth 7.3 billion euros ($7.90 billion) from the deconsolidation of Russian exploration and production activities after Moscow's invasion of Ukraine. 38, 67056 Ludwigshafen, Germany. Carl-Bosch-Strae 38. All Rights Reserved. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. The units CEO, Mario Mehren, said in a statement that continuing to operate in Russia is not tenable., Russias war of aggression in Ukraine is incompatible with our values and has destroyed cooperation between Russia and Europe, he added. Current research projects and examples of innovation for vario > more. The pipeline transported natural gas from Russia to Germany until the end of August. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the Carl-Bosch-Str. You need more than just a product to solve your challenges. This includes key information on fields, wells and blocks. Bring us your ideas and we turn them into reality together! Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. Fax: +49 5443 12 2201. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. He began his career w more, BASF breaks ground on MDI capacity expansion project at Geismar site, BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. Website available. Current research projects and examples of innovation for vario more. Ludwigshafen site (detailed plan) BASF Agricultural Center Limburgerhof BASF As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. SEWOGE Service- und Wohnungsunternehmen GmbH. Distribution and use of this material are governed by Parent company BASF said in its preliminary 2022 earnings statement that it was taking charges on its holding in Wintershall Dea totaling about 7.3 billion euros, 5.4 billion euros of them in the fourth quarter of last year. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. You will be notified in advance of any changes in rate or terms. The pipeline transported natural gas from Russia to Germany until the end of August. Read what you need to know about our industry portal chemeurope.com. Errors are noted below: Thanks for reaching out. Contact information for Basf Se Address D67056 LUDWIGSHAFEN GERMANY Top HS Codes HS 74 - Copper and articles thereof HS 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof See more goods shipped on Panjiva Recent Panjiva Research about Basf Se Hapag-Lloyd upgrades as Brazil, U.S. operations continue to struggle basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 67056 Ludwigshafen. BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction BASF SE 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we Find out more about the company LUMITOS and our team. Data by Location. Therefore, you can remember a maximum of 5 contents. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Access comprehensive data and analysis of global upstream assets. With a total investment amounting to USD 2.9 billion, its IPS (Integrated Petrochemical Site) I Project was started in September 2001 and put into commercial operation in June 2005. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. Global markets live: BASF, United Airlines, Microsoft, Pfizer, Apple Europe's Cooling Inflation Heats Up Trading In DAX On Wednesday Midday, Study: Only a few German stocks create high value for investors. No vehicle traffic. For more information contact our PU Infopoint! China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. This copy is for your personal, non-commercial use only. our Subscriber Agreement and by copyright law. Attapulgus. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Address. No affiliation or endorsement, express or implied, is provided by their use. BERLIN (AP) Germany-based chemicals maker BASF says it is taking some 7.3 billion euros ($7.9 billion) in write-downs related to the exit from Russia of its Wintershall Dea BASF @ K 2022 Visit our Website! 67056 Ludwigshafen History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. 38. Learn more. BASF generated sales of 78.6 billion in 2021. All rights reserved. Already a member? HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. Customer Service. 4 a.m. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of more, Small but powerful microorganisms contribute to greater sustainability at BASF, At BASF, innovation and sustainability are inextricably linked. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. Contact information for Basf Se 67056 Ludwigshafen Germany. United States. Click here For you, we combine cutting-edge solutions with established expertise. In January, the company acquired ASL, an innovative melon breeding company. Great that you want to get in touch with us! SWFI is a minority-owned organization. Cookies help us deliver our services. He began his career w > more, BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. The company serves a wide range of industries including construction, furniture and wood, agriculture, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals and others. Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. Sascha Vukojevic Dr. Kurzwahl (BCN): 8-1-40068 Telefon: +49 621 60-40068 Mobiltelefon: +49 176 11749719 BASF SE G-CCP/KE Regional Sales Management EMEA,Chem.Cat. Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. Germany. A BASF chemical plant in Ludwigshafen and we turn them into reality together or implied, is by... 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