BTC Europe GmbH 67056 Ludwigshafen. BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. 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. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The pipeline transported natural gas from Russia to Germany until the end of August. 67056 Ludwigshafen BASF is the worlds leading chemical company headquartered in Germany. 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. 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. The headquarters of this business will be in Singapore. In January, the company acquired ASL, an innovative melon breeding company. GERMANY. First Name. No vehicle traffic. Access comprehensive data and analysis of global upstream assets. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. On the Ground, Its More Complicated. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. More than 30 Group companies belongs to the BASF SE located in Ludwigshafen. From start-ups to market leaders, uncover what they do andhow they do it. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. Contact. Read what you need to know about our industry portal chemeurope.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 BASF Corporation100 Park Avenue07932 Florham Park, NJ. At BASF, we create chemistry - and have been doing so for 150 years. Ludwigshafen am Rhein. /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. Every working day, more than 50,000 employees across Germany make their way to work at BASF. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. Ask for information. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of more, Small but powerful microorganisms contribute to greater sustainability at BASF, At BASF, innovation and sustainability are inextricably linked. Read more. 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. /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. (if applicable) for The Wall Street Journal. Global markets live: BASF, United Airlines, Microsoft, Pfizer, Apple Europe's Cooling Inflation Heats Up Trading In DAX On Wednesday Midday, Study: Only a few German stocks create high value for investors. 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. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. Customer Service. 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. Pedestrian traffic only during opening hours. This includes key information on fields, wells and blocks. Discover Performance Polymers! BASF is headquartered in Ludwigshafen, Germany. Find out how LUMITOS supports you with online marketing. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. 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. 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). In January, the company entered into an agreement with Eramet to invest in a nickel smelting facility in Indonesia. United States. Sun. HS 39 - Plastics and articles thereof. -. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. We combine economic success with environmental protection and social responsibility. Bring us your ideas and we turn them into reality together! Continue reading your article witha WSJ membership, Already a member? BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Data by Location. Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. 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. 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. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. All Rights Reserved. Our mis more, BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. 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. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. This figure represents roughly half of all BASF staff around the world, 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. BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Undersea explosions damaged Nord Stream 1 in September. Real-time Estimate Tradegate 2001972640 X. Add to dossier (if available): History. BASF SE Errors are noted below: Thanks for reaching out. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. 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. BASF is headquartered in Ludwigshafen, Germany. There was an error. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. Find out more about the company LUMITOS and our team. 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. 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. Fax Information available as an option. Headquarters Germany Address Carl-Bosch-Str. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Call the company. 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. You may change your billing preferences at any time in the Customer Center or call 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. Russian TV Touts a Big Victory in Ukraine. All steps are explained in this flyer you can download here. (SPACs), Transportation, Infrastructure & Logistics. 7.30 p.m. to Sat. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. Germany. It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. 38 E 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. 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, Germany. All rights reserved. 67056 Ludwigshafen. $ + tax It covers key commercial, geological, and technical attributes of assets and analysis of developments. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. 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. 1997-2023 LUMITOS AG, All rights reserved. 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. 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.. Your next online order - Walmart coupon code orderly manner complying with all applicable laws regulations! Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 data by Location /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! Holding Ltd. all Rights Reserved install Base provides a holistic and a granular view of the war Ukraine... 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