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Encyclopedia > BASF
BASF AG
Type Public (ISIN: DE0005151005, LSE: BFA, NYSE: BF)
Founded 1865
Headquarters Flag of Germany Ludwigshafen, Germany.
Key people Jürgen F. Strube (Chairman of the supervisory board, since 6 May 2003)
Jürgen Hambrecht (Chairman of the board, since 6 May 2003)
Eggert Voscherau (Vice-Chairman, since 6 May 2003)
Industry Basic Materials
Products Synthetics
Revenue €52,61 billion
Net income €3,21 billion
Employees 95,247 (2006)
Website basf.com

BASF AG (ISIN: DE0005151005, LSE: BFA, NYSE: BF) is a German chemical company and the largest chemical company in the world.[1] BASF originally stood for Badische Anilin- und Soda-Fabrik (Baden Aniline and Soda Factory). Today, the four letters are a registered trademark and the company is listed on the Frankfurt Stock Exchange, London Stock Exchange, New York Stock Exchange and Zurich Stock Exchange. Image File history File links BASF_logo. ... An International Securities Identifying Number (ISIN) uniquely identifies a fungible security, its structure is defined in ISO 6166. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Image File history File links Flag_of_Germany. ... Map of Germany showing Ludwigshafen am Rhein Ludwigshafen am Rhein is a city in Rheinland-Pfalz, Germany, with about 166,000 inhabitants. ... For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ... Image File history File links No higher resolution available. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible... EMTEC is a French company that markets magnetic media products and other computer related consumables with headquarters in Gennevilliers, France. ... The German term Aktiengesellschaft (IPA /aktsiÉ™ngÉ™zεlʃaft/) (abbreviated AG) means a corporation which is limited by shares, , owned by shareholders. ... An International Securities Identifying Number (ISIN) uniquely identifies a fungible security, its structure is defined in ISO 6166. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... For other senses of this word, see Trademark (disambiguation). ... The Frankfurt Stock Exchange (outside) The DAX chart (inside) The Frankfurt Stock Exchange (German: FWB® Frankfurter Wertpapierbörse) is a stock exchange located in Frankfurt, Germany. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... SWX Swiss Exchange is Switzerlands stock exchange, based in Zürich. ...


The BASF Group comprises more than 160 subsidiaries and joint ventures and operates more than 150 production sites in Europe, Asia, North America, South America and Africa. Its headquarters are located in Ludwigshafen am Rhein (Rhineland-Palatinate, Germany). BASF has customers in over 200 countries and supplies products to a wide variety of industries. In business, a subsidiary is a company controlled by another company or corporation. ... A joint venture is a business relationship between two or more parties to undertake economic activity together. ... World map showing the location of Europe. ... World map showing the location of Asia. ... North America North America is a continent [1] in the Earths northern hemisphere and (chiefly) western hemisphere. ... South America South America is a continent crossed by the equator, with most of its area in the Southern Hemisphere. ... A world map showing the continent of Africa Africa is the worlds second-largest and second most-populous continent, after Asia. ... Map of Germany showing Ludwigshafen am Rhein Ludwigshafen am Rhein is a city in Rheinland-Pfalz, Germany, with about 166,000 inhabitants. ... The Rhenish Palatinate (Rheinpfalz, sometimes Lower Palatinate or Niederpfalz) occupies rather more than a quarter of the German Bundesland (federal state) of Rhineland-Palatinate (Rheinland-Pfalz) and contains the towns of Ludwigshafen, Kaiserslautern, Neustadt an der Weinstrasse, Pirmasens, Landau and Speyer. ...


At the end of 2006, the company employed more than 95,000 people, with over 47,000 in Germany alone. In 2006, BASF posted sales of 52.6 billion and income from operations before special items of over €6.7 billion. The company is currently expanding its international activities with a particular focus on Asia. Between 1990 and 2005, the company invested €5.6 billion in Asia, for example in sites near Nanjing and Shanghai, China. “EUR” redirects here. ...   (Chinese: 南京; Romanizations: NánjÄ«ng (Pinyin), Nan-ching (Wade-Giles), Nanking (Postal map spelling)) is the capital of Chinas Jiangsu Province and a city with a prominent place in Chinese history and culture. ... Shanghai (Chinese: ; pinyin:  ; Wu (Long-short): ZÃ¥nhae; Shanghainese (IPA): ), situated on the banks of the Yangtze River Delta in East China, is the largest city of the Peoples Republic of China and the ninth largest in the world. ...

Contents

Investors

72% of the BASF shares are held by institutional investors (AXA SA more than 5%, Allianz AG 2.6% and General Capital Group 2.1%). 45 % of the shares are held in Germany, 17.3 % in the UK and 13.5 % in the U.S. Allianz Group, with $128 billion of revenue during 2003, is Germanys largest, and one of the worlds largest financial services providers with a focus on the insurance business. ...


Business segments

BASF building
BASF building
BASF headquarters, Ludwigshafen, Germany
BASF headquarters, Ludwigshafen, Germany

BASF operates in a variety of markets. Its business is organized in the segments Chemicals, Plastics, Performance Products, Agricultural Products & Nutrition and Oil & Gas. The company occasionally advertises to the public. Its slogan is "The Chemical Company" Image File history File links Description: The BASF-Hochhaus in Ludwigshafen, Germany. ... Image File history File links Description: The BASF-Hochhaus in Ludwigshafen, Germany. ... Image File history File links Position of Ludwigshafen in Germany Uploaded to de. ... Image File history File links Position of Ludwigshafen in Germany Uploaded to de. ...


Chemicals

BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. Industrial gas is a group of gases that are commercially manufactured and sold for uses in other applications. ...


Plastics

BASF is the international leading producer of styrenes. Engineering plastics are sold to injection molders in a variety of industries. BASF’s polyurethanes have very diverse uses worldwide. For more information, see BASF's PlasticsPortal.[2]


Performance Products

BASF produces a range of performance chemicals, coatings and functional polymers. These include raw materials for detergents, textile and leather chemicals, pigments and raw materials for adhesives. Customers are the automotive, oil, paper, packaging, textile, sanitary products, detergents, construction materials, coatings, printing and leather industries. A coating is a covering that is applied to an object to protect it or change its appearance. ... This article or section does not cite its references or sources. ...


Agricultural Products & Nutrition

BASF is a supplier of agricultural products and chemicals for agriculture and animal nutrition, and for the pharmaceutical, food and cosmetic industries. In the field of plant biotechnology, BASF is concentrating on solutions for effective agriculture, healthier nutrition and plants to make products more efficiently. Products from this segment include fungicides, herbicides, vitamins, pharmaceutical active ingredients and UV absorbers for sun creams. “UV” redirects here. ...


Oil & Gas

BASF explores for and produces oil and gas through its subsidiary Wintershall Holding AG. In Central and Eastern Europe, Wintershall works with its Russian partner Gazprom. Wintershall AG is the largest crude oil and natural gas producer in Germany. ... Pre-1989 division between the West (grey) and Eastern Bloc (orange) superimposed on current national boundaries: Russia (dark orange), other countries of the former USSR (medium orange),members of the Warsaw pact (light orange), and other former Communist regimes not aligned with Moscow (lightest orange). ... Gazprom (LSE: OGZD; Russian: , sometimes transcribed as Gasprom) is the largest Russian company and the biggest extractor of natural gas in the world. ...


BASF history

BASF in Ludwigshafen
BASF in Ludwigshafen

BASF was founded in Mannheim, Germany, by Friedrich Engelhorn in 1865 for the production of dyes. In 1867, research into synthesis of the dye indigo was successfully concluded. Until this time, indigo was extracted from plants and was expensive. Industrial production meant that the price could be cut drastically, and one effect was to make jeans affordable work clothes. The development of the Haber process from 1908 to 1912 made it possible to synthesize ammonia (commonly used in chemical and pyrotechnic warfare as well as some fertillizers), and in 1913 BASF started a new production plant in Oppau, adding fertilizers to its product range. Download high resolution version (695x695, 94 KB) Wikipedia does not have an article with this exact name. ... Download high resolution version (695x695, 94 KB) Wikipedia does not have an article with this exact name. ... Mannheim is a city in Germany. ... 1865 (MDCCCLXV) is a common year starting on Sunday. ... Cunt BAg Twat Fuk suck my penis ring 0778851865!!!!!!Year 1867 (MDCCCLXVII) was a common year starting on Tuesday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Thursday of the of the 12-day slower Julian calendar). ... Indigo (or spectral indigo) is the color on the spectrum between 440 and 420 nanometres in wavelength, placing it between blue and violet. ... Blue Jeans Jeans are pants traditionally made from denim, but may also be made from a variety of fabrics including corduroy. ... The Haber Process (also known as Haber–Bosch process) is the reaction of nitrogen and hydrogen to produce ammonia. ... 1908 (MCMVIII) was a leap year starting on Wednesday (link will display the full calendar). ... 1912 (MCMXII) was a leap year starting on Monday in the Gregorian calendar (or a leap year starting on Tuesday in the 13-day-slower Julian calendar). ... Ammonia is a compound with the formula NH3. ... Year 1913 (MCMXIII) was a common year starting on Wednesday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Tuesday of the 13-day-slower Julian calendar). ...


As a result of this monopoly, BASF was able to start operations at a new site in Leuna in 1916, where explosives were produced during the First World War. On September 21, 1921, an explosion occurred in Oppau, killing 565 people. This was the biggest catastrophe in German industry (see Oppau explosion). Under the leadership of Carl Bosch, BASF founded IG Farben together with Hoechst, Bayer and three other companies, thus losing its independence. BASF was the nominal survivor, as all shares were exchanged for BASF shares prior to the merger. Rubber, fuels and coatings were added to the product range. In 1935, IG Farben and AEG presented the magnetophone – the first tape recorder – at the Radio Exhibition in Berlin. Following the appointment of Adolf Hitler as Chancellor in 1933, IG Farben cooperated with the Nazi regime, profiting from guaranteed volumes and prices and from the slave labour provided by the government's concentration camps. A monopoly (from the Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service, in other words a firm that has no competitors in its industry. ... September 21 is the 264th day of the year (265th in leap years) in the Gregorian calendar. ... Year 1921 (MCMXXI) was a common year starting on Saturday (link will display the full calendar). ... Crater after the Oppau explosion. ... Carl Bosch (August 27, 1874 – April 26, 1940) was a German chemist and engineer. ... IG Farben (short for Interessen-Gemeinschaft Farbenindustrie AG) was a German conglomerate of companies formed in 1925 and even earlier during World War I. IG Farben held nearly a total monopoly on the chemical production, later during the time of Nazi Germany. ... Hoechst AG was a German life-sciences company that became Aventis after its merger with Rhône-Poulenc S.A. in 1999. ... Bayer AG (IPA pronunciation //) (ISIN: DE0005752000, NYSE: BAY, TYO: 4863 ) is a German chemical and pharmaceutical company founded in Barmen, Germany in 1863. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will display full calendar). ... AEG volt-meter designed by Peter Behrens AEG (Allgemeine Elektrizitäts-Gesellschaft, General Electricity Company) was a German producer of electronics and electrical equipment. ... This article is about the capital of Germany. ... Hitler redirects here. ... 1933 (MCMXXXIII) was a common year starting on Sunday. ... Nazi Germany, or the Third Reich, commonly refers to Germany in the years 1933–1945, when it was under the firm control of the totalitarian and fascist ideology of the Nazi Party, with the Führer Adolf Hitler as dictator. ... Slavery is any of a number of related conditions involving control of a person against his or her will, enforced by violence or other clear forms of coercion. ... A concentration camp is a large detention centre created for political opponents, aliens, specific ethnic or religious groups, civilians of a critical war-zone, or other groups of people, often during a war. ...

BASF Portsmouth Site in the West Norfolk area of Portsmouth, Virginia. The plant is served by the Commonwealth Railway.
BASF Portsmouth Site in the West Norfolk area of Portsmouth, Virginia. The plant is served by the Commonwealth Railway.

The Ludwigshafen site was almost completely destroyed during the Second World War and was subsequently rebuilt. The allies dissolved IG Farben in November 1945. On July 28 1948 an explosion in which 207 people died occurred in Ludwigshafen. In 1952, BASF was refounded under its own name. With the German economic miracle in the 1950s, BASF added synthetics such as nylon to its product range. BASF developed polystyrene in the 1930s and invented Styropor® in 1951. Image File history File linksMetadata Download high-resolution version (1033x1133, 197 KB) Photo by William Grimes File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File linksMetadata Download high-resolution version (1033x1133, 197 KB) Photo by William Grimes File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Map Political Statistics Founded 1752 County Independent city Mayor Dr. James W. Holley III Geographic Statistics Area  - Total  - Land  - Water 120. ... The Commonwealth Railway, Inc. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... Look up ally in Wiktionary, the free dictionary. ... is the 209th day of the year (210th in leap years) in the Gregorian calendar. ... 1948 (MCMXLVIII) was a leap year starting on Thursday (the link is to a full 1948 calendar). ... The term Wirtschaftswunder (English: economic miracle) designates the upturn experienced in the West German and Austrian economies after the Second World War. ...


In the 1960s, production abroad was expanded and plants were built in Argentina, Australia, Belgium, Brazil, France, United Kingdom, India, Italy, Japan, Mexico, Spain and the United States. Following a change in corporate strategy in 1965, greater emphasis was placed on higher-value products such as coatings, pharmaceuticals, crop protection agents and fertilizers. Following the reunification of Germany, BASF acquired a site in Schwarzheide, eastern Germany, on October 25 1990. 1965 (MCMLXV) was a common year starting on Friday (the link is to a full 1965 calendar). ... Several articles deal with the theme of reunification: Chinese reunification German reunification Irish Reunification Korean reunification Polish reunification Cyprus reunification Vietnam reunification Yemen unification This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... October 25 is the 298th day of the year (299th in leap years) in the Gregorian calendar. ... Year 1990 (MCMXC) was a common year starting on Monday (link displays the 1990 Gregorian calendar). ...


On May 30, 2006, BASF bought the Engelhard Corporation for 4.8 billion Dollars. This takeover is the largest takeover in the company's history. BASF is now the world's largest manufacturer of catalytic converters. is the 150th day of the year (151st in leap years) in the Gregorian calendar. ... For the Manfred Mann album, see 2006 (album). ... Engelhard Corporation NYSE: EC is an international Fortune 500 and Forbes 500 company headquartered in Iselin, New Jersey. ... Catalytic converter on a Saab 9-5. ...


Other acquisitions in 2006 were the purchase of Johnson Polymer and the construction chemicals business of Degussa AG.


The acquisition of Johnson Polymer was completed on July 1, 2006. The purchase price was $470 million on a cash and debt-free basis. It provides BASF with a range of water-based resins that complements its portfolio of high solids and UV resins for the coatings and paints industry and will strengthen the company’s market presence, in particular in North America.


Also on July 1, 2006 the acquisition of the construction chemicals business of Degussa AG was completed. The purchase price for equity was just under €2.2 billion. In addition, the transaction was associated with debt of €0.5 billion.


Criticism has been leveled at BASF for wanting to hold trials of GMO potatoes in the UK. [3]


External links

  • BASF
  • BASF stock chart

Coordinates: 49°29′47″N, 8°25′57″E Map of Earth showing lines of latitude (horizontally) and longitude (vertically), Eckert VI projection; large version (pdf, 1. ...


  Results from FactBites:
 
BASF - Wikipedia, the free encyclopedia (851 words)
BASF AG (NYSE: BF, LSE: BFA) is a German chemical company and the biggest chemical company in the world.
BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals.
BASF was founded in Mannheim, Germany, by Friedrich Engelhorn in 1865 for the production of dyes.
BASF - definition of BASF in Encyclopedia (744 words)
BASF originally stood for Badische Anilin- and Soda–Fabrik (Baden Aniline and Soda Factory).
BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, basic petrochemicals and inorganic chemicals.
BASF is a supplier of agricultural products and fine chemicals for agriculture and animal nutrition, and for the pharmaceutical, food and cosmetic industries.
  More results at FactBites »


 
 

COMMENTARY     

Norbert
1st June 2011
Under BASF history, hover your cursor over the number "1867" in the text and a inappropriate comment apears. (In 1867, research into synthesis of the dye indigo was successfully)
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