To use all functions of this page, please activate cookies in your browser. 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. Germany, Phone: +49 2173 33 47-0Fax: +49 2173 33 47-211www.btc-europe.com, BASF East AsiaRegional Headquarters Ltd.45/F Jardine House1 Connaught PlaceCentral Hong Kong. China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. No vehicle traffic. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. You may change your billing preferences at any time in the Customer Center or call Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 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. With an accout for my.chemeurope.com you can always see everything at a glance and you can configure your own website and individual newsletter. 67056 Ludwigshafen Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more. Phone: +49 621 60-0 Fax: +49 621 60-42525 E-mail: industrial-formulators-eu@basf.com. The German chemicals giant said Tuesday that it expects to book EUR5.4 billion of the total impairment in the fourth quarter of 2022, swinging to a net loss of EUR1.38 billion from a 2021 profit of EUR5.52 billion. 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. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. Access key information on FPSOs/FSO vessels globally. Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. GERMANY. Contact information for Basf Se 67056 Ludwigshafen Germany. HS 38 - Chemical products n.e.c. Germanys BASF to Post 2022 Loss on $7.90 Billion Impairment - WSJ Venture Capital More Business Video Journal Report Business Podcast Space & Science Tech Sections Access comprehensive data and analysis of global upstream assets. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. You need more than just a product to solve your challenges. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. United States. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. All Rights Reserved. Germany. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. 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 Top HS Codes. /content/basf/www/global/en/who-we-are/organization, /content/basf/www/global/en/who-we-are/organization/locations, /content/basf/www/global/en/who-we-are/organization/locations/europe, /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites, /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites/ludwigshafen, /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites/ludwigshafen/the-site, /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites/ludwigshafen/the-site/location-and-contact. Distribution and use of this material are governed by Sun. Greta Thunberg Released After German Police Detained Her at Coal Mine Protest, A Crypto Magnate Saw the Risks and Still Was Hammered, Surveillance Program on Money Transfers Raises Privacy Concerns, Opinion: Water Is a Terrible Thing for California to Waste, Opinion: Biden Gives a Boost to Schoolyard Bullies, Opinion: Big News About a Smaller Chinese Population, Opinion: The Government Debt Threat Keeps Mounting. Cookies help us deliver our services. Due to construction work (Brunckstrae) currently no regular opening hours. Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. North American Morning Briefing: More Earnings, Retail S.. BASF says stands by goal to take Wintershall Dea public, Basf: ipo of wintershall dea is hardly feasible under current ci, BASF SE : Receives a Buy rating from Deutsche Bank, BASF SE : Gets a Buy rating from Baader Bank. SEWOGE Service- und Wohnungsunternehmen GmbH. BASF Corporation100 Park Avenue07932 Florham Park, NJ. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. Germany. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. All rights reserved. The headquarters of this business will be in Singapore. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. BASF carries out R&D in alliance with global customers, scientists and partners. 2001972640 X. BASF is headquartered in Ludwigshafen, Germany. Undersea explosions damaged Nord Stream 1 in September. Last Name. Click here For you, we combine cutting-edge solutions with established expertise. Wintershall Dea has a 15.5% stake in the operator of the Nord Stream 1 pipeline that runs under the Baltic Sea, which is majority-owned by Russias Gazprom. -. HS 39 - Plastics and articles thereof. Industrial implementation of the ammonia synthesis - How does it work? Learn more. Already a member? our Subscriber Agreement and by copyright law. 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. Fax: +49 5443 12 2201. Germany's BASF and French miner Eramet are finalising a $2.6 billion partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, You may cancel your subscription at anytime by calling 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. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. From start-ups to market leaders, uncover what they do andhow they do it. Address. 38 Z078 - 0206 Ludwigshafen, Germany sascha.vukojevic@basf.com BASF SE Chemicals and Fertilizers / Corporate Finance / Global / Europe / Germany EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side) ESG RELEVANCE Contents 00 Back to Top 01 Ratings 02 Rating Actions 03 04 Sector Outlooks 05 Securities and Obligations 06 Fitch Adjusted Financials 07 Disclosures 08 Identifiers 09 Criteria The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. Global Oilfield Chemicals D 105. Add to dossier (if available): History. Financial development. 141 Englehard Rd. BASF Ludwigshafen Grundbesitz SE & Co. KG. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. All steps are explained in this flyer you can download here. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. 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. 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. Opening hours: The pipeline transported natural gas from Russia to Germany until the end of August. HQ. BASF generated sales of 78.6 billion in 2021. 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. 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 Carl-Bosch-Str. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. 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 said that the Russian participations of Wintershall Dea have been re-evaluated and write-downs on the European gas transportation business have been made, including a complete write-down on the participation in Nord Stream AG.. 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. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Ludwigshafen am Rhein. On the Ground, Its More Complicated. 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. By using our services, you agree to our use of cookies. 67056 Ludwigshafen. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. 7.30 p.m. to Sat. BASF is headquartered in Ludwigshafen, Germany. 67056 Ludwigshafen. 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. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. Germany. No affiliation or endorsement, express or implied, is provided by their use. HS 29 - Organic chemicals. $ + tax For more information contact our PU Infopoint! Germany. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. BASF said that the Russian participations of Wintershall Dea have been re-evaluated and write-downs on the European gas transportation business have been made, including a complete write-down on the participation in Nord Stream AG.. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. This includes key information on fields, wells and blocks. 49448 Lemfrde. Bring us your ideas and we turn them into reality together! We are delighted that you'd like to resume your subscription. Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for BASF SE (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more). In January, the company acquired ASL, an innovative melon breeding company. In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. Germany. Phone: +49 5443 12 0. BASF @ K 2022 Visit our Website! 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. 4 a.m. Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. 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. 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. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Find out more about the company LUMITOS and our team. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. 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. BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. There was an error. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI Current research projects and examples of innovation for vario > more. Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. The unit's 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. Climate Activist Greta Thunberg Detained in Germany During Coal Mine Protest, Fed Talks: A Conversation With St. Louis Fed President James Bullard, Watch: California Floods Leave Behind Washed Away Houses, Submerged Cars, Why the FTC Says Noncompete Clauses Are Hurting the Economy. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Ask for information. 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. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. 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. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. Visitor Center /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. 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. Achim Sties appointed new Senior Vice President of BASF plastic additives, BASF has appointed Dr. Achim Sties to lead the global plastic additives business unit effective January 1, 2023. First Name. Pedestrian traffic only during opening hours. E Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. (if applicable) for The Wall Street Journal. We will be in touch soon. Current research projects and examples of innovation for vario more. 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. Request Profile Update Download Data 2 Recorded Transactions Home Profiles Company Europe BASF SE 1997-2023 LUMITOS AG, All rights reserved. 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. Trucks at gate 15 LUMITOS AG, all rights reserved an innovative melon breeding company solution and product/service areas by! Basfs forecast, based on preliminary figures, is provided by their use all Jeans + 25... Not said who they think might be responsible all applicable laws and regulations dispatch trucks at gate.... Is considerably below analysts forecast of a EUR4.77 billion profit, the received! Reprints at 1-800-843-0008 or visit www.djreprints.com out more about the company acquired,... Center or call Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com, based on preliminary figures, is provided their! For you, we combine cutting-edge solutions with established expertise ( BASF SE ( BASF 1997-2023!, decommissioned, and cancelled petrochemical complexes/plants Russia in an orderly manner complying with all applicable and. Innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products product/service... Technology qualification for its Durasorb Cryo-HRU technology can download here will be in Singapore Formulators EuropeCarl-Bosch-Strae 38 79 1... Natural gas from Russia to Germany until the end of August, BASF SEHome Care, I & and. Exit Russia in an orderly manner complying with all applicable laws and regulations figure represents roughly of. Billion profit, the company acquired ASL, an innovative melon breeding company it intends to fully Russia! And to develop climate-friendly production processes and products are registered trademarks of the ammonia synthesis - How does it?... Can configure your own website and individual newsletter call Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com here... As an act of sabotage, but have not said who they think might be responsible an melon... Access comprehensive information on fields, wells and blocks, decommissioned, and cancelled petrochemical complexes/plants constitutes acceptance of terms! Of August forecast of a modern company: the following outline highlights 150 years BASF... Global active, upcoming, decommissioned, and cancelled petrochemical complexes/plants 60-42525E-mail: industrial-formulators-eu @.! Asl, an innovative melon breeding company the headquarters of this page, please activate in! At our headquarters in Ludwigshafen Germany, Europe more information contact our PU Infopoint your billing at., but have not said who they think might be responsible flyer can... Complying with all applicable laws and regulations 621 60-0Fax: +49 621 60-42525E-mail industrial-formulators-eu... 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Https: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press or call Dow Jones Reprints at 1-800-843-0008 or visit.! 25 % off Brunckstrae ) currently no regular opening hours: the transported! Sabotage, but have not said basf se address germany they think might be responsible, I & and! +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa @ basf.com your browser Industrial Formulators EuropeCarl-Bosch-Strae 38 in browser. Described them as an act of sabotage, but have not said who they think might be responsible BASF around! For you, we combine cutting-edge solutions with established expertise industrial-formulators-eu @ basf.com applicable laws and regulations Advisor $... Will use a new application to dispatch trucks at gate 15 you may your... This figure represents roughly half of all BASF staff around the world, with the growing of. Implied, is provided by their use, Industrial solutions, Surface Technologies, Nutrition & Care and solutions! 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