BASF

BASF SE is a German multinational chemical company headquartered in Ludwigshafen am Rhein and is regarded as the largest chemical producer in the world. It was founded in 1865 in Mannheim as Badische Anilin- & Soda-Fabrik, originally a dye manufacturer. In 1925 it became part of the IG Farben conglomerate, which was dissolved by the Allies in 1945; BASF was reconstituted in 1952. The group operates through subsidiaries and joint ventures in more than 80 countries, running six integrated Verbund production sites plus many smaller plants across Europe, Asia, the Americas, Africa and Australia. Its portfolio spans chemicals, materials, performance chemicals, catalysts, coatings, battery materials, ingredients for food and pharma, and crop protection and seeds. In 2023 group sales were 68.9 billion euros. BASF shares are listed on the Frankfurt Stock Exchange (ticker BAS, ISIN DE000BASF111) and are a DAX component.