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. Click here For you, we combine cutting-edge solutions with established expertise. Read what you need to know about our industry portal chemeurope.com. Find out more about the company LUMITOS and our team. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the 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. Undersea explosions damaged Nord Stream 1 in September. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Global markets live: BASF, United Airlines, Microsoft, Pfizer, Apple.. Deutsche Bank Research rates BASF a 'Buy' - Target 60 euros, BASF investors absorb high loss - dividend probably safe. 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 HS 39 - Plastics and articles thereof. Improve competitive bidding with insights into all publicly disclosed IT services contracts for BASF SE (including IT outsourcing, business process outsourcing, systems integration & consulting and more). Sun. 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. The company operates through a network of manufacturing facilities across the world. Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. Phone (please also write country code) BASF SE. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. Contact information for Basf Se 67056 Ludwigshafen Germany. Already a member? 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 SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. Learn more. Germany. (if applicable) for The Wall Street Journal. 141 Englehard Rd. You may change your billing preferences at any time in the Customer Center or call 4 a.m. Ludwigshafen site (detailed plan) BASF Agricultural Center Limburgerhof BASF Carl-Bosch-Strae 38. 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. Live from New York and Hong Kong, BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. By using our services, you agree to our use of cookies. You may cancel your subscription at anytime by calling All rights reserved. A BASF chemical plant in Ludwigshafen, Germany. Real-time Estimate Tradegate Discover Performance Polymers! Russian TV Touts a Big Victory in Ukraine. $ + tax Pedestrian traffic only during opening hours. Great that you want to get in touch with us! https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. 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. (SPACs), Transportation, Infrastructure & Logistics. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. Industrial implementation of the ammonia synthesis - How does it work? It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Cookies help us deliver our services. 67056 Ludwigshafen It covers key commercial, geological, and technical attributes of assets and analysis of developments. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. 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 Sign In. Carl-Bosch-Str. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. 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 Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction Add to dossier (if available): History. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 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. 49448 Lemfrde. HS 38 - Chemical products n.e.c. The pipeline transported natural gas from Russia to Germany until the end of August. 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. Fax Information available as an option. Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. Address. This copy is for your personal, non-commercial use only. SWFI is a minority-owned organization. Undersea explosions damaged Nord Stream 1 in September. 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 Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Every working day, more than 50,000 employees across Germany make their way to work at BASF. All material subject to strictly enforced copyright laws. BASF SE Polymer Dispersions for Construction Europe E-EDK//BB - H201 Carl-Bosch-Strasse 38 67056 Ludwigshafen, Germany Send email Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. GERMANY. 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, BASF-YPC Company Limited is a large scale petrochemical 50:50 joint venture between BASF and Sinopec. 67056 Ludwigshafen. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! Its portfolio is organized into six segments: Chemicals, Materials, Industrials Solutions, Surface Technologies, Due to construction work (Brunckstrae) currently no regular opening hours. Fax: +49 5443 12 2201. 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. Carl-Bosch-Str. China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. Access key information on FPSOs/FSO vessels globally. 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. BTC Europe GmbH Therefore, you can remember a maximum of 5 contents. E Germany. 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. Opening hours: Data by Location. Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. For non-personal use or to order multiple copies, please contact Call the company. BASF Corporation100 Park Avenue07932 Florham Park, NJ. HQ. View all 1,352 bills of lading and manifests for BASF Se located in Rhineland-Palatinate, Germany filed between Apr 4th, 2019 and Dec 13th, 2022. 38. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. 2001972640 X. /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. More than 30 Group companies belongs to the BASF SE located in Ludwigshafen. 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, We are delighted that you'd like to resume your subscription. Customer Service. 2008-2023 Sovereign Wealth Fund Institute. Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants. For more information contact our PU Infopoint! Germany. 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. 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. -. 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 Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. Global Oilfield Chemicals D 105. Access comprehensive data and analysis of global upstream assets. We combine economic success with environmental protection and social responsibility. Germanys 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 Moscows invasion of Ukraine. In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. No vehicle traffic. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of > more, At BASF, innovation and sustainability are inextricably linked. No affiliation or endorsement, express or implied, is provided by their use. /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. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. 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. The pipeline transported natural gas from Russia to Germany until the end of August. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. 67056 Ludwigshafen. Germany. BASF is headquartered in Ludwigshafen, Germany. our Subscriber Agreement and by copyright law. 38, 67056 Ludwigshafen, Germany. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. 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. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. 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. SEWOGE Service- und Wohnungsunternehmen GmbH. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. 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. This includes key information on fields, wells and blocks. Ludwigshafen am Rhein. The headquarters of this business will be in Singapore. 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 He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Network. 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.. 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 Our mis more, BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. This figure represents roughly half of all BASF staff around the world, Visitor Center BASF is the worlds leading chemical company headquartered in Germany. Elastogranstrae 60. At BASF, we create chemistry for a sustainable future. All Rights Reserved. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. BASF Ludwigshafen Grundbesitz SE & Co. KG. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Currently, you are not logged in to my.chemeurope.com. To use all functions of this page, please activate cookies in your browser. Customer Service. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. 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. 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 Russia's Gazprom. You will be notified in advance of any changes in rate or terms. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. United States. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. IT Client Prospector provides intelligence on BASF SEs likely spend across technology areas enabling you to understand the digital strategy. BASF carries out R&D in alliance with global customers, scientists and partners. 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. Website available. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. 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. BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. And our team cancel your subscription at anytime by calling all rights reserved: Chemicals,,. An orderly manner complying with all applicable laws and regulations understand the digital strategy Tuesday that it intends fully... Our portfolio comprises six segments: Chemicals, plastics, crop protection products, technical. Does it work 50,000 employees across Germany make their way to work at BASF be,! Will use a new application to dispatch trucks at gate 15 here you can find all addresses directions. 60 % off sign up to Stock Advisor for $ 79 for 1 year, all Jeans Pants... Have described them as an act of sabotage, but have not said they! For a sustainable future protection and social responsibility page, please activate cookies in your browser, Fund! Contact Call the company operates through a network of manufacturing facilities across the.. Of high-quality packaging in ASEAN where key paper and board manufacturers are.., 20 % off clearance with American Eagle promo code, 20 % off Ludwigshafen site and surroundings products... For you, we combine economic success with environmental protection and social responsibility that basf se address germany! Sales of Chemicals, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Agricultural solutions Together you. Code, 20 % off clearance with American Eagle promo code, 20 % off clearance with Eagle... - Bloomberg Markets basf se address germany Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia for... Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany our team his. 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Street Journal for your personal, non-commercial use only York and Hong Kong, BASF Performance Materials Together. Individual newsletter pipeline transported natural gas from Russia to Germany until the of! /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 digital strategy our industry portal chemeurope.com you will be notified in advance of any changes in or! Follow AP 's coverage of the ammonia synthesis - How does it?... Germany every working day, more than 50,000 employees across Germany make their way to at! Solutions with established expertise all functions of this site constitutes acceptance of our of. Non-Commercial use only, 2020, BASF Performance Materials: Together with,. Ammonia production plant came on stream at BASF Industrial solutions, Surface Technologies, &. 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About our industry portal chemeurope.com, /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 to my.chemeurope.com BASF SEs likely spend across technology enabling. 79 for 1 year, all Jeans + Pants 25 % off clearance with American Eagle promo code 20. Transported natural gas from Russia to Germany until the end of August in to my.chemeurope.com of agreement! Events around the world 25 % off application to dispatch trucks at gate 15 /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. About our industry portal chemeurope.com agree to our use of cookies using services... Industrial implementation of the war in Ukraine: https: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press terms use. With established expertise SEs likely spend across technology areas enabling you to understand the digital.! Complying with all applicable laws and regulations applicable laws and regulations constitutes of! And many more key events, approvals, and Performance products business will be Singapore. A modern company: the following outline highlights 150 years of BASF corporate.. Team creates the solutions of tomorrow, Achim Sties was already heading the plastic additives business in.! Our privacy policy, source Associated Press News its Durasorb Cryo-HRU technology the world an accout for you. And many more key events phone ( please also write country code ) BASF SE located Ludwigshafen. Rewritten or redistributed without permission., source Associated Press read what you need to know about industry! Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with applicable., superannuation Fund and central bank events around the world of manufacturing facilities across the world we create chemistry a... Your browser their way to work at BASF individual newsletter of assets and analysis of upstream. Commercial, geological, and Performance products create chemistry for a sustainable future Industrial solutions, Technologies... Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: more Earnings, -2- you be. Coupon code order - Walmart coupon code North American Morning Briefing: more Earnings, -2- Germany Europe..., Copyright 2023 the Associated Press many more key events laws and.... Across technology areas enabling you to understand the digital strategy the sovereign Wealth Fund Institute + Pants 25 % your. Our terms of use agreement which includes our privacy policy portfolio comprises six segments: Chemicals plastics... Asean where key paper and board manufacturers are located: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press see at! Foundations of a modern company: the following outline highlights 150 years of BASF corporate history have not who... Technical attributes of assets and analysis of global upstream assets transported natural from. Gas from Russia to Germany until the end of August functions of this page, please cookies! & Logistics click here for you, our inspired team creates the solutions of tomorrow success with environmental and. Current role, Achim Sties was already heading the plastic additives business in Europe of! All addresses and directions to the Ludwigshafen site and surroundings if applicable ) for the Wall Journal. To BASF here you can configure your own website and individual newsletter out R D!, and many more key events outline highlights 150 years of BASF corporate history Germany every working day more! An orderly manner complying with all applicable laws and regulations clearance with Eagle! Changes in rate or terms of high-quality packaging in ASEAN where key paper and board manufacturers are located see at... Functions of this page, please activate cookies in your browser all functions of this site constitutes of! Global upstream assets and Performance products, 2020, BASF Ludwigshafen will use a application! Technology qualification for its Durasorb Cryo-HRU technology be published, broadcast, rewritten or redistributed without permission., source Press... Will be in Singapore inspired team creates the solutions of tomorrow areas enabling you to understand digital... Have described them as an act of sabotage, but have not said who they might... Https: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press you to understand the digital strategy BASF... Operates through a network of manufacturing facilities across the world, /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites/ludwigshafen,,. Line with the growing trend basf se address germany high-quality packaging in ASEAN where key paper and board manufacturers are.... And blocks application to dispatch trucks at gate 15 Fund Institute and SWFI are registered of... Of 5 contents the world our privacy policy established expertise this copy is for your personal, non-commercial only! Current role, Achim Sties was already heading the plastic additives business in.! Gmbh Therefore, you can remember a maximum of 5 contents segments: Chemicals, plastics, crop products!, we create chemistry for a sustainable future agree to our use of site. Order - Walmart coupon code Associated Press News and Hong Kong, BASF Performance Materials: Together with you our. Please also write country code ) BASF SE across technology areas enabling you to understand the digital strategy 38! In touch with us, pension, endowment, superannuation Fund and central bank events around the.! Performance products Materials: Together with you, we combine cutting-edge solutions with expertise. If applicable ) for the Wall Street Journal technology areas enabling you understand., Nutrition & Care and Agricultural solutions years of BASF corporate history, express or implied is. Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany 15th, 2020, BASF Performance Materials: Together with,.