BASFSE
Type	Public (ISIN: DE0005151005, LSE: BFA)
Founded	1865
Headquarters	Ludwigshafen, Germany. An International Securities Identifying Number (ISIN uniquely identifies a security. The London Stock Exchange or LSE is a Stock exchange located in London, England. Ludwigshafen am Rhein is a City in Rhineland-Palatinate, Germany. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe.
Key people	Jürgen F. Strube (Chairman of the supervisory board, since 6 May 2003) Jürgen Hambrecht (Chairman of the board, since 6 May 2003) Eggert Voscherau (ViceChairman, since 6 May 2003)
Industry	Basic Materials
Products	Synthetics
Revenue	▲ €52. Dr Jürgen F Strube (b 1939-08-19) is the current Chairman of the Supervisory Board of German chemical company BASF SE For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 61 billion (2006)
Net income	▲ €3. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. 215 billion (2006)
Employees	95,247 (2006)
Website	basf.com

BASF SE (ISIN: DE0005151005, LSE: BFA, NYSE: BF) is a German chemical company and the largest chemical company in the world. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The Council Regulation on the Statute for a European Company of the European Union was adopted October 8 2001. An International Securities Identifying Number (ISIN uniquely identifies a security. The London Stock Exchange or LSE is a Stock exchange located in London, England. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. ^[1] BASF originally stood for Badische Anilin- und Soda-Fabrik (Baden Aniline and Soda Factory). Today, the four letters are a registered trademark and the company is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange. A trademark or trade mark, represented by the symbols ™ and ®, or mark is a distinctive sign or indicator used by an individual The Frankfurt Stock Exchange ( FWB Frankfurter Wertpapierbörse) is a Stock exchange located in Frankfurt, Germany. The London Stock Exchange or LSE is a Stock exchange located in London, England. SWX Swiss Exchange is Switzerland 's Stock exchange, based in Zürich. The company delisted its ADR from the New York Stock Exchange in September 2007. An American Depositary Receipt (or ADR represents the ownership in the shares of a foreign company trading on US financial markets The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City.

The BASF Group comprises more than 160 subsidiaries and joint ventures and operates more than 150 production sites in Europe, Asia, Australia, Americas and Africa. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together For a topic outline on this subject see List of basic Australia topics. The Americas are the lands of the Western hemisphere or New World, consisting of the Continents of North America and South America Its headquarters are located in Ludwigshafen am Rhein (Rhineland-Palatinate, Germany). Ludwigshafen am Rhein is a City in Rhineland-Palatinate, Germany. Rhineland-Palatinate (Rheinland-Pfalz is one of the 16 federal states (German Bundesländer) of Germany. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. BASF has customers in over 200 countries and supplies products to a wide variety of industries. Despite its size and global presence BASF receives little public attention as it has abandoned consumer product lines in the 90s.

At the end of 2006, the company employed more than 95,000 people, with over 47,000 in Germany alone. In 2006, BASF posted sales of €52. Please update other articles as well to avoid contradiction within Wikipedia e 6 billion and income from operations before special items of over €6. 7 billion. The company is currently 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 Katipalla in India. ( Chinese: 南京 Romanizations Nánjīng ( Pinyin) Nan-ching ( Wade-Giles Shanghai ( 上[[wikt 海|海]] is the largest city in China in terms of population and one of the largest urban areas in the world with over 20 million China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Katipalla is small town 5 km from Surathkal in Dakshina Kannada district of Karnataka state India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country

Investors

72% of the BASF shares are held by institutional investors (AXA SA more than 5%, Allianz AG 2. Institutional investors are organizations which pool large sums of money and invest those sums in companies AXA () is a French global insurance companies group headquartered in Paris and founded in 1985 by Claude Bébéar. SE (formerly AG,,) is a large Financial services provider headquartered in Munich, Germany. 6% and General Capital Group 2. 1%). 45 % of the shares are held in Germany, 17. 3 % in the UK and 13. 5 % in the U. S.

Business segments

BASF building

BASF headquarters, Ludwigshafen, Germany

BASF operates in a variety of markets. Its business is organized in the segments Chemicals, Plastics, Performance Products, Agricultural Products & Nutrition and Oil & Gas. The company occasionally advertises to the public. Its slogan is "BASF The Chemical Company"

Chemicals

BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. Industrial gas is a group of gases that are commercially manufactured and sold for uses in other applications The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.

Plastics

BASF is the international leading producer of styrenes. Engineering plastics are sold to injection molders in a variety of industries. BASF’s polyurethanes have very diverse uses worldwide. ^[2]

Performance Products

BASF produces a range of performance chemicals, coatings and functional polymers. Coating is a Covering that is applied to an object The aim of applying coatings is to improve surface properties of a bulk material usually referred to as a substrate Functional polymers are polymers with advanced optic and/or electronic properties These include raw materials for detergents, textile and leather chemicals, pigments and raw materials for adhesives. Customers are the automotive, oil, paper, packaging, textile, sanitary products, detergents, construction materials, coatings, printing and leather industries.

Agricultural Products & Nutrition

BASF is a supplier of agricultural products and chemicals for agriculture and animal nutrition, and for the pharmaceutical, food and cosmetic industries. In the field of plant biotechnology, BASF is concentrating on solutions for effective agriculture, healthier nutrition and plants to make products more efficiently. Products from this segment include fungicides, herbicides, vitamins, pharmaceutical active ingredients and UV absorbers for sun creams. Ultraviolet ( UV) light is Electromagnetic radiation with a Wavelength shorter than that of Visible light, but longer than X-rays The company recently has diverted their research interests to Nutrigenomics to tailor the social responsibility of public health ^[3]. Nutrigenomics is the study of molecular relationships between Nutrition and the response of genes, with the aim of extrapolating how such subtle changes can affect Public health is "the science and art of preventing disease prolonging life and promoting health through the organised efforts and informed choices of society organisations

Cosmetics

BASF Cosmetic Solutions specializes in chemicals that many name brand skin care companies worldwide use to formulate their own products. Chemical types such as but not limited too. Emulsifiers, solubilizers, anionic surfactants, glycol polymers, colorants, styling polymers, hair setting resins, conditioning agents, thickening polymers, emollients and UV absorbers.

Oil & Gas

BASF explores for and produces oil and gas through its subsidiary Wintershall Holding AG. Wintershall AG is the largest Crude oil and Natural gas producer in Germany In Central and Eastern Europe, Wintershall works with its Russian partner Gazprom. Eastern Europe is a general term that refers to the Geopolitical region encompassing the easternmost part of the European continent. OJSC Gazprom, (Газпром long version Открытое Aкционерное Oбщество Газпром sometimes transcribed as Gasprom is the largest Russian company

Production

BASFs recent success is characterized by a focus on creating resource efficient product lines after completely abandoning consumer products. This strategy was reflected in production by a re-focus towards integrated production sites. The largest such integrated production site is located in Ludwigshafen employing 33,000 people. Ludwigshafen am Rhein is a City in Rhineland-Palatinate, Germany. Integrated production sites are characterized by co-location of a large number of individual production lines (producing a specific chemical), which share an interconnected material flow. Piping is used ubiquitously for volume materials. All production lines use common raw material sourcing and feed back waste resources, which can be used elsewhere (e. g. steam of various temperatures, sulfuric acid, carbon monoxide etc. ). The economic incentive for this approach is high resource and energy efficiency of the overall process, reduced shipping cost and associated reduced risk of accidents. Due to the high cost of such an integrated production site it establishes a high entry barrier for competitors trying to enter the market for volume chemicals.

Environmental Record

In 2006 BASF was praised by the Climate Leadership Index for their efforts in problems with climate change and greenhouse gasses in our world. In recent years the BASF Company has sent aside a large portion of their R&D budget on resource conservation. ^[4] One of their recent developments has been creating filters for wastewater treatments plants that help to reduce emissions. ^[5] Another recent environmental move the BASF Company has done is formed a partnership with Columbia University. The BASF Company and Columbia University came together so that they can further research “environmentally benign and sustainable energy sources”. ^[6] The company has recently reported their emissions in 2006 to be “1. 50 million metric tons of waste. ” Even though it seems to be a lot of waste, BASF has shown improvement in that they have steadily reduced their waste emissions in the last few years. ^[7]

BASF history

BASF in Ludwigshafen

BASF was founded in Mannheim, Germany, by Friedrich Engelhorn in 1865 for the production of dyes. Mannheim is a City in Germany. With 327318 inhabitants it is the second-largest city in the state of Baden-Württemberg after the capital Stuttgart Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Year 1865 ( MDCCCLXV) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar (or a Common year In 1867, research into synthesis of the dye indigo was successfully concluded. Year 1867 ( MDCCCLXVII) was a Common year starting on Tuesday (link will display the full calendar of the Gregorian calendar (or a Common year starting Indigo is the Color on the Electromagnetic spectrum between about 420 and 450 nm in Wavelength, placing it between Blue and violet Until this time, indigo was extracted from plants and was expensive. Industrial production meant that the price could be cut drastically, and one effect was to make jeans affordable work clothes. Jeans are Trousers made from Denim. Mainly designed for work, they became popular among Teenagers starting in the 1950s. The development of the Haber process from 1908 to 1912 made it possible to synthesize ammonia (commonly used in chemical and pyrotechnic warfare as well as some fertillizers), and in 1913 BASF started a new production plant in Oppau, adding fertilizers to its product range. The Haber process, also called the Haber–Bosch process, is the Nitrogen fixation reaction of Nitrogen and Hydrogen, over an iron substrate Year 1908 ( MCMVIII) was a Leap year starting on Wednesday (link will display the full calendar of the Gregorian calendar (or a Leap year Year 1912 ( MCMXII) was a Leap year starting on Monday (link will display the full calendar of the Gregorian calendar (or a Leap year starting Ammonia is a compound with the formula N[[hydrogen H3]] It is normally encountered as a Gas with a characteristic pungent Odor Year 1913 ( MCMXIII) was a Common year starting on Wednesday (link will display the full calendar of the Gregorian calendar (or a Common BASF also acquired and began mining anhydrite for gypsum at the Kohnstein in 1917. The Kohnstein is a mountain 2 km southwest of the Niedersachswerfen village and 3 km northwest of the center of the Nordhausen city ^[8].

As a result of this monopoly, BASF was able to start operations at a new site in Leuna in 1916, where explosives were produced during the First World War. In Economics, a monopoly (from Greek monos, alone or single + polein, to sell exists when a specific individual or enterprise has sufficient On September 21, 1921, an explosion occurred in Oppau, killing 565 people. Events 1217 - The Estonian tribal leader Lembitu of Lehola was killed in a battle against Teutonic Knights. Year 1921 ( MCMXXI) was a Common year starting on Saturday (link will display full 1921 calendar of the Gregorian calendar This was the biggest catastrophe in German industry (see Oppau explosion). The Oppau explosion occurred on September 21 1921 when a tower silo storing 4500 tonnes of a mixture of Ammonium sulfate and Under the leadership of Carl Bosch, BASF founded IG Farben together with Hoechst, Bayer and three other companies, thus losing its independence. Carl Bosch ( August 27, 1874 &ndash April 26, 1940) was a German Chemist and Engineer who won the IG Farben (short for Interessen-Gemeinschaft Farbenindustrie AG, "syndicate of dyestuff corporations" and also called I Hoechst AG was a German chemicals then life-sciences company that became Aventis after its merger with Rhône-Poulenc S For other uses see Bayer (disambiguation or Beyer or Buyer. Bayer AG (German ˈbaɪə () is a German BASF was the nominal survivor, as all shares were exchanged for BASF shares prior to the merger. Rubber, fuels and coatings were added to the product range. In 1935, IG Farben and AEG presented the magnetophone – the first tape recorder – at the Radio Exhibition in Berlin. Year 1935 ( MCMXXXV) was a Common year starting on Tuesday (link will display full calendar of the Gregorian calendar. AEG ( Allgemeine Elektrizitäts-Gesellschaft, General Electricity Company) was a German producer of Electronics and electrical equipment Berlin is the capital city and one of sixteen states of Germany. Following the appointment of Adolf Hitler as Chancellor in 1933, IG Farben cooperated with the Nazi regime, profiting from guaranteed volumes and prices and from the slave labour provided by the government's concentration camps. Hi and welcome to Wikipedia! Please understand that this article is frequently vandalized and vandalism is reverted immediately Year 1933 ( MCMXXXIII) was a Common year starting on Sunday (link will display full calendar of the Gregorian calendar. Nazi Germany and the Third Reich are the common English names for Germany under the regime of Adolf Hitler and the National Socialist German Workers As a social-economic system slavery is a legal institution under which a Person (called "a slave" is compelled to work for another Internment is the imprisonment or confinement of people commonly in large groups without trial IG Farben also achieved notoriety owing to its production of Zyklon-B, the lethal gas used in Nazi concentration camps. Zyklon B (tsykloːn ˈbeː also spelled Cyclon B or ^[9]

BASF Portsmouth Site in the West Norfolk area of Portsmouth, Virginia. Portsmouth is an Independent city located in the US Commonwealth of Virginia. The plant is served by the Commonwealth Railway. The Commonwealth Railway Inc is a Class III short-line Railroad operating 16

The Ludwigshafen site was almost completely destroyed during the Second World War and was subsequently rebuilt. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including The allies dissolved IG Farben in November 1945. In general allies are people groups or nations that have joined together in an association for mutual benefit or to achieve some common purpose On July 28 1948 an explosion in which 207 people died occurred in Ludwigshafen. Events 1540 - Thomas Cromwell is executed at the order of Henry VIII of England on charges of Treason. Year 1948 ( MCMXLVIII) was a Leap year starting on Thursday (link will display the 1948 calendar of the Gregorian calendar. In 1952, BASF was refounded under its own name. With the German economic miracle in the 1950s, BASF added synthetics such as nylon to its product range. The term ( German for "economic miracle" describes the rapid reconstruction and development of the economies of West Germany and Austria BASF developed polystyrene in the 1930s and invented Styropor in 1951.

In the 1960s, production abroad was expanded and plants were built in Argentina, Australia, Belgium, Brazil, France, United Kingdom, India, Italy, Japan, Mexico, Spain and the United States. For a topic outline on this subject see List of basic Argentina topics. For a topic outline on this subject see List of basic Australia topics. The Kingdom of Belgium is a Country in northwest Europe. It is a founding member of the European Union and hosts its headquarters as well as those |utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld This article is about the country For a topic outline on this subject see List of basic France topics. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest For a topic outline on this subject see List of basic Japan topics. The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. Spain () or the Kingdom of Spain (Reino de España is a country located mostly in southwestern Europe on the Iberian Peninsula. The United States of America —commonly referred to as the Following a change in corporate strategy in 1965, greater emphasis was placed on higher-value products such as coatings, pharmaceuticals, crop protection agents and fertilizers. Year 1965 ( MCMLXV) was a Common year starting on Friday (link will display full calendar of the 1965 Gregorian calendar. Following the reunification of Germany, BASF acquired a site in Schwarzheide, eastern Germany, on October 25 1990. Events 1147 - The Portuguese, under Afonso I, and Crusaders from England and Flanders conquer Lisbon after a Year 1990 ( MCMXC) was a Common year starting on Monday (link displays the 1990 Gregorian calendar)

On May 30, 2006, BASF bought the Engelhard Corporation for 4. Events 1416 - The Council of Constance, called by the Emperor Sigismund a supporter of Antipope John XXIII burns Jerome of Prague following Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. See also Engelhard (disambiguation: Engelhard Corporation is an international Fortune 500 company headquartered in Iselin 8 billion USD. This takeover is the largest takeover in the company's history. BASF is now the world's largest manufacturer of catalytic converters. A catalytic converter (colloquially "cat" or "catcon" is a device used to reduce the toxicity of emissions from an Internal combustion engine.

Other acquisitions in 2006 were the purchase of Johnson Polymer and the construction chemicals business of Degussa.

The acquisition of Johnson Polymer was completed on July 1, 2006. "July 1st" redirects here For the Ayumi Hamasaki song see H (song. The purchase price was $470 million on a cash and debt-free basis. It provides BASF with a range of water-based resins that complements its portfolio of high solids and UV resins for the coatings and paints industry and will strengthen the company’s market presence, in particular in North America.

Also on July 1, 2006 the acquisition of the construction chemicals business of Degussa AG was completed. The purchase price for equity was just under €2. 2 billion. In addition, the transaction was associated with debt of €0. 5 billion.

There has been criticism from anti-biotechnology protest groups at BASF' plans for wanting to hold trials of GMO potatoes in the UK. ^[10]

Cooperation with Monsanto

The BASF is cooperating with Monsanto in research, development and marketing of biotechnology. The Monsanto Company ( is a multinational Agricultural biotechnology Corporation. The Monsanto Company ( is a multinational Agricultural biotechnology Corporation. ^[11]

References

See also

• DSM (company)
• SABIC

External links

• BASF