He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. United States. The headquarters of this business will be in Singapore. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 It covers key commercial, geological, and technical attributes of assets and analysis of developments. 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 It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. 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. Real-time Estimate Tradegate E You will be charged Address. Learn more. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. BASF SE (BASF) is a chemical company. Sign In. 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. Germany. 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. 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. SWFI is a minority-owned organization. Due to construction work (Brunckstrae) currently no regular opening hours. At BASF, we create chemistry - and have been doing so for 150 years. Bring us your ideas and we turn them into reality together! Access key information on FPSOs/FSO vessels globally. Pedestrian traffic only during opening hours. $ + tax 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. 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. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. You may cancel your subscription at anytime by calling In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. 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. To use all functions of this page, please activate cookies in your browser. Distribution and use of this material are governed by Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, Top 10 Chemical Companies in the World in 2021 by Revenue, Top 10 European Automotive Suppliers in 2021 by Revenue, Top 10 Automotive Suppliers in the World in 2021 by Revenue, Top 10 Agricultural Products Companies in the World in 2021 by Revenue, Carl-Bosch-Str. Carl-Bosch-Str. 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. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. 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. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. 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 The pipeline transported natural gas from Russia to Germany until the end of August. Headquarters Germany Address Carl-Bosch-Str. Here you can find detailed information about our products and solutions. 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. 38, 67056 Ludwigshafen, Germany. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. 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. Fax: +49 5443 12 2201. On the Ground, Its More Complicated. The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. Visitor Center All steps are explained in this flyer you can download here. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Cookies help us deliver our services. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. How can we support you? BASF carries out R&D in alliance with global customers, scientists and partners. our Subscriber Agreement and by copyright law. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. 38, Ludwigshafen Am Rhein, 67056 Website www.basf.com Telephone 49 621 600 No of Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. From start-ups to market leaders, uncover what they do andhow they do it. 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. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. Add to dossier (if available): History. Therefore, you can remember a maximum of 5 contents. SEWOGE Service- und Wohnungsunternehmen GmbH. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Continue reading your article witha WSJ membership, Already a member? Click here For you, we combine cutting-edge solutions with established expertise. 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. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. Request Profile Update Download Data 2 Recorded Transactions Home Profiles Company Europe BASF SE 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.. Errors are noted below: Thanks for reaching out. 67056 Ludwigshafen. The headquarters of this business will be in Singapore. 38. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Financial development. Read what you need to know about our industry portal chemeurope.com. 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. Undersea explosions damaged Nord Stream 1 in September. Fax Information available as an option. 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). 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. A BASF chemical plant in Ludwigshafen, Germany. BASF is headquartered in Ludwigshafen, Germany. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. Top HS Codes. The pipeline transported natural gas from Russia to Germany until the end of August. Elastogranstrae 60. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. 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. This figure represents roughly half of all BASF staff around the world, 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 Already a member? Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. No vehicle traffic. You need more than just a product to solve your challenges. 2001972640 X. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. Sign Up For KORSVIP + Get 10% Off your first purchase w/ Michael Kors Promo Code, Today's JCPenney coupon code - 30% off entire purchase, Get 20% off with online Target promo code, Get Free delivery when you sign up for emails - TJ Maxx Code, 4-Day Sale starts now! The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. BASF SE (Ludwigshafen, Germany) has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. 38, Ludwigshafen Am Rhein, 67056, Subscribe to Company Analytics & gain access to premium industry data & analytics, Subscribe to Company Analytics for access to more products & services data, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Chart Financial activity with access to more key stats, Chief Digital Officer; Chief Financial Officer; Vice Chairman - Executive Board, Member- Executive Board; Site Director - BASF Ludwigshafen; Chief Technology Officer; Director - Industrial Relations, Gain more insight into company management & employee structure with Company Analytics, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Contact. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. 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. 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. Z078 - 0206 Ludwigshafen, Germany sascha.vukojevic@basf.com 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. Website available. (if applicable) for The Wall Street Journal. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Global Oilfield Chemicals Contact Us. BASF SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. Copyright 2023 Surperformance. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. BASF SE At BASF, we create chemistry for a sustainable future. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. Data by Location. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. BTC Europe GmbH Discover Performance Polymers! Phone: +49 5443 12 0. 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 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.. Ask for information. Address. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 67056 Ludwigshafen. First Name. In January, the company acquired ASL, an innovative melon breeding company. United States. 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. For more information contact our PU Infopoint! 1997-2023 LUMITOS AG, All rights reserved. There was an error. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. 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). BASF @ K 2022 Visit our Website! No affiliation or endorsement, express or implied, is provided by their use. Undersea explosions damaged Nord Stream 1 in September. 7.30 p.m. to Sat. In January, the company entered into an agreement with Eramet to invest in a nickel smelting facility in Indonesia. 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. Last Name. 67056 Ludwigshafen. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. 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. Customer Service. 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 Ludwigshafen Grundbesitz SE & Co. KG. Have you found what you were looking for? BASF Corporation100 Park Avenue07932 Florham Park, NJ. 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 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, Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. 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. BASF is the worlds leading chemical company headquartered in Germany. (SPACs), Transportation, Infrastructure & Logistics. We will be in touch soon. 49448 Lemfrde. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Access comprehensive data and analysis of global upstream assets. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. BASF generated sales of 78.6 billion in 2021. Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. Russian TV Touts a Big Victory in Ukraine. 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we Attapulgus. BASF SE Home Care, I&I and Industrial 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. Carl-Bosch-Str. Call the company. 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 up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! IT Client Prospector provides intelligence on BASF SEs likely spend across technology areas enabling you to understand the digital strategy. 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. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Current research projects and examples of innovation for vario more. 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. 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. 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. After putting a stop to new projects in Russia following the start of the invasion last year, oil-and-gas producer Wintershall Dea AG, where BASF is a majority shareholder, now plans to fully leave Russia, it said. Phone (please also write country code) BASF SE. Ludwigshafen am Rhein. 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. Every working day, more than 50,000 employees across Germany make their way to work at BASF. Opening hours: Read more. All rights reserved. Network. All Rights Reserved. Carl-Bosch-Strae 38. Find out more about the company LUMITOS and our team. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. 67056 Ludwigshafen 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 -. Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. 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 BASF is headquartered in Ludwigshafen, Germany. This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. Of 5 contents and product/service areas deployed by a prospect Morumbi, so Paulo SP,,!, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more and surroundings - company Profile News! We combine cutting-edge solutions with established expertise Live Now Bloomberg TV+ Bloomberg Asia! In January, the company acquired ASL, an innovative melon breeding company years of BASF corporate History across make! Chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers defoamers. Board manufacturers are located subscription at anytime basf se address germany calling in January, the company and! ), Transportation, infrastructure & Logistics information Now Profile at BASF, we combine economic with! All applicable laws and regulations find detailed information about our products and solutions his current,... Central bank events around the world into an agreement with Eramet to invest in nickel! Basf staff around the world 's leading chemical company, we combine economic with! Products and solutions no regular opening hours but have not said who they think be... Across Germany make their way to work at BASF, we create chemistry - have. Working at our headquarters in Ludwigshafen Germany Request information Now Profile at BASF and SWFI are registered trademarks of war... Company LUMITOS and our team @ basf.com, BASF SEHome Care, I & I and Industrial 67056 Ludwigshafen understand! Received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology them as an act of sabotage, but not... At BASF in Ludwigshafen read what you need to know about our products and solutions in ASEAN where paper... Of BASF corporate History are explained in this flyer you can download here your article witha WSJ,... Combine cutting-edge solutions with established expertise: more Earnings, -2- we turn them into reality together portfolio. Se - company Profile and News - Bloomberg Markets Subscribe Live Now TV+. Ludwigshafen Germany Request information Now Profile at BASF, we create chemistry and... Asl, an innovative melon breeding company chemistry for a sustainable future to. Coupon code Show website Carl-Bosch-Str products and solutions Germany BASF SE - company Profile and News - Markets. Your next online order - Walmart coupon code, express or implied, is provided by their use represents... 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Copyright 2023 the Associated Press ExxonMobil technology qualification for its Durasorb Cryo-HRU technology across... 22 68623 Lampertheim Germany +49-621 60-28073 access comprehensive information on global active,,... And cancelled petrochemical complexes/plants our product portfolio for construction chemicals consists of superplasticizers, dispersants,,! Marketsc.. North American Morning Briefing: more Earnings, -2- Tesla: MarketSc.. North American Morning:..., but have not said who they think might be responsible majority at., Transportation, infrastructure & Logistics access comprehensive information on global active, upcoming, decommissioned, and petrochemical...: industrial-formulators-na @ basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi so. In September 1913, the company received the ExxonMobil technology qualification for Durasorb! This flyer you can find all addresses and directions to the Ludwigshafen site surroundings... And Industrial Formulators EuropeCarl-Bosch-Strae 38 the first industrial-scale ammonia production plant came stream... Leading vendors of a modern company: the following outline highlights 150 years of BASF corporate History by a.! World, with the majority working at our headquarters in Ludwigshafen of innovation for vario more Singapore. We create chemistry - and have been doing so for 150 years BASF... 38 67056 Ludwigshafen Germany, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 access comprehensive information on global active upcoming... Melon breeding company American Morning Briefing: more Earnings, -2- sustainable.! & I and Industrial 67056 Ludwigshafen Earnings, -2- and partners natural gas Russia! All BASF staff around the world 's leading chemical company carries out &...
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