BASF

BASF SE is a German multinational company and the largest chemical producer in the world, with a rich history spanning 160 years since its founding in 1865. Headquartered in Ludwigshafen, Germany, BASF operates as a fully integrated chemical company with operations spanning six continents. The company's name is an acronym for Badische Anilin- und Sodafabrik (Baden Aniline and Soda Factory), reflecting its origins in synthetic dye production. Today, BASF comprises subsidiaries and joint ventures in more than 80 countries, operating six integrated Verbund production sites and 390 other production sites across Europe, Asia, Australia, the Americas, and Africa.

BASF's business model is built on the unique Verbund concept, where production plants, energy flows, and infrastructure are intelligently connected to maximize efficiency and minimize waste. The company organizes its operations into six segments: Chemicals, Materials, Industrial Solutions, Nutrition & Care, Surface Technologies, and Agricultural Solutions. With trailing twelve-month revenue of $70.4 billion and 111,822 employees as of December 2024, BASF serves customers across virtually every industry, from automotive and construction to agriculture and consumer goods. The company has filed 1,159 new patents in 2024, with roughly 45% focused on sustainability innovations.

Under CEO Markus Kamieth's leadership since April 2024, BASF has embarked on a strategic transformation to differentiate core businesses from standalone operations and strengthen its position as the world's leading chemical company. The company is investing heavily in sustainability, with commitments to achieve net-zero CO2 emissions by 2050 and a €4 billion investment in renewable energy by 2030. BASF generated approximately €11 billion in sales from products launched in the past five years, demonstrating its continued innovation leadership in the global chemicals industry.