- Business
- BASF SE (BAS.DE), the world's largest chemical producer, manufactures and markets a broad portfolio of chemicals, materials, intermediates, performance products, industrial solutions, nutrition and care ingredients, surface technologies, and agricultural solutions. The company operates through six main segments: Chemicals, offering petrochemicals such as ethylene, propylene, butadiene, benzene, alcohols, solvents, and superabsorbents; Materials, including engineering plastics, polyurethane systems, thermoplastic polyurethane, foam specialties, biodegradable plastics, isocyanates (MDI, TDI), polyamides, ammonia, and caprolactam; Industrial Solutions, encompassing polymer dispersions, resins, additives, electronic materials, antioxidants, light stabilizers, fuel additives, lubricant additives, and process chemicals for oil, gas, and minerals extraction; Nutrition & Care, providing care chemicals like surfactants, enzymes, emollients, cosmetic actives, and detergents alongside nutrition additives such as vitamins, carotenoids, flavors, and pharmaceutical excipients; Surface Technologies, featuring automotive catalysts, battery materials, coatings for OEM and refinish applications, and surface treatments; and Agricultural Solutions, supplying fungicides (e.g., Revysol, Xemium), herbicides (e.g., glufosinate, Kixor), insecticides (e.g., Broflanilide, Inscalis), and seed treatments (e.g., Poncho Votivo, ILEVO).
BASF serves diverse industries including automotive, construction, pharmaceuticals, agriculture, consumer goods, electronics, energy, and nutrition, with customers in over 190 countries and production sites in more than 80 nations across Europe, Asia, North America, and other regions. Founded in 1865 as Badische Anilin- und Soda-Fabrik in Mannheim, Germany, the company is headquartered in Ludwigshafen, the world's largest integrated chemical complex, and employs around 112,000 people globally.
Among recent developments, BASF agreed in October 2025 to sell its automotive OEM coatings, refinish coatings, and surface treatment businesses to a Carlyle-managed fund and Qatar Investment Authority for an enterprise value of EUR 7.7 billion, retaining an equity stake to support future growth. The company announced a strategic collaboration with International Flavors & Fragrances Inc. (IFF) in late 2025 to advance enzyme and polymer technologies for sustainable fabric care, personal care, and cleaning applications. Ongoing major investments include a multi-billion euro Verbund site under construction in Zhanjiang, China; MDI capacity expansion in Geismar, Louisiana, targeting 600,000 tons annually by 2026; and polyisobutene plant upgrades in Ludwigshafen, alongside reorganizations such as integrating chemical catalysts into Industrial Solutions and establishing separate battery materials and ECMS divisions in Surface Technologies effective January 2025.