History
BASF is a multinational chemical manufacturing corporation. BASF (Badische Anilin & Soda-Fabrik) was founded on April 6th, 1865 by Friedrich Engelhorn.The establishment of this company marked the birth of the chemical industry and the era of dyes. BASF grew over 140 years to be a transnational organization. BASF, "The Chemicals Company," is one of the most admired chemical companies in the world today.
Mission
The mission of BASF is to continue to grow profitably. The company’s goal is to remain the world's leading chemical company.- The strategies of BASF are: Earning a premium on cost of capital
- Helping customers to be more successful
- Forming the best team
- Ensuring sustainable development
Area of Operation
The businesses of BASF are:- Chemicals
- Plastics
- Oil & Gas
- Performance Products
- Agricultural Products and Nutrition
- Biotechnology
Key Statistics
- BASF holds assets of $40.68 billion.
- BASF made profits of $3.55 billion in 2006.
- BASF operates in 170 countries across five continents around the world.
- BASF has approximately 95,000 employees.
Organization
The corporate management of BASF consists of:- Board of Executive Directors
- Supervisory Board
International Ranking
- Forbes Magazine ranks BASF 120th in the world.
- BASF ranks 94th in the Fortune Global 500 list.
Recent Acquisitions
- Acquisition of the insecticide fipronil and other selected seed treatment fungicides from Bayer CropScience.
- Acquisition of Honeywell’s engineering plastics business.
- Acquisition of the plasticizers business of Sunoco, United States.
- Acquisition of Foam Enterprises, United States.
Headquarters Address:
Carl Bosch Strasse 38D-67056 Ludwigshafen
Germany
Phone: 49-621-60-0
Website URL: www.basf.com
