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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. /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. BASF is headquartered in Ludwigshafen, Germany. 67056 Ludwigshafen. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. 1997-2023 LUMITOS AG, All rights reserved. 67056 Ludwigshafen 49448 Lemfrde. Network. 67056 Ludwigshafen. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. You need more than just a product to solve your challenges. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. View all 1,352 bills of lading and manifests for BASF Se located in Rhineland-Palatinate, Germany filed between Apr 4th, 2019 and Dec 13th, 2022. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. Currently, you are not logged in to my.chemeurope.com. Germany. BASF carries out R&D in alliance with global customers, scientists and partners. 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). This includes key information on fields, wells and blocks. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. This copy is for your personal, non-commercial use only. BASF is headquartered in Ludwigshafen, Germany. Cookies help us deliver our services. 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. The pipeline transported natural gas from Russia to Germany until the end of August. 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.. The headquarters of this business will be in Singapore. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. 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 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. No affiliation or endorsement, express or implied, is provided by their use. our Subscriber Agreement and by copyright law. HS 38 - Chemical products n.e.c. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Industrial implementation of the ammonia synthesis - How does it work? 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. The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. 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. Sun. Global Oilfield Chemicals D 105. Find out how LUMITOS supports you with online marketing. BASF Ludwigshafen Grundbesitz SE & Co. KG. Errors are noted below: Thanks for reaching out. Opening hours: Germany. 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 This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. All rights reserved. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the creation of the dossier is completed, it will be sent to your email address . -. Open a newChase Private ClientChecking account and get a $2000 bonus! BASF SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. Germany. Call the company. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. $ + tax 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. 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. 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. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. 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. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. BASF has appointed Dr. Achim Sties to lead the global plastic additives business unit effective January 1, 2023. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. The company operates through a network of manufacturing facilities across the world. BASF SE Polymer Dispersions for Construction Europe E-EDK//BB - H201 Carl-Bosch-Strasse 38 67056 Ludwigshafen, Germany Send email Our mis more, BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. BASF SE (Ludwigshafen, Germany) has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. United States. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the (SPACs), Transportation, Infrastructure & Logistics. From start-ups to market leaders, uncover what they do andhow they do it. BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. Fax Information available as an option. Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. No vehicle traffic. HS 29 - Organic chemicals. 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. HS 39 - Plastics and articles thereof. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. The units 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. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. For non-personal use or to order multiple copies, please contact Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. He began his career w > more, 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. United States. 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. 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 Germany. Global Oilfield Chemicals Contact Us. Russian TV Touts a Big Victory in Ukraine. 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. 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. Here you can find detailed information about our products and solutions. Elastogranstrae 60. 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. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. 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. Data by Location. 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.. Contact. Undersea explosions damaged Nord Stream 1 in September. In January, the company acquired ASL, an innovative melon breeding company. Click here For you, we combine cutting-edge solutions with established expertise. This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. 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). HQ. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. All Rights Reserved. All material subject to strictly enforced copyright laws. Already a member? HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. Add to dossier (if available): History. Website available. Distribution and use of this material are governed by Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. 38. Ask for information. It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. Discover Performance Polymers! Carl-Bosch-Str. Bring us your ideas and we turn them into reality together! This figure represents roughly half of all BASF staff around the world, We will be in touch soon. How can we support you? 141 Englehard Rd. The headquarters of this business will be in Singapore. You will be notified in advance of any changes in rate or terms. On the Ground, Its More Complicated. 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. Live from New York and Hong Kong, BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. 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. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Phone: +49 5443 12 0. Visitor Center Due to construction work (Brunckstrae) currently no regular opening hours. Current research projects and examples of innovation for vario more. At BASF, we create chemistry - and have been doing so for 150 years. 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. You will be charged 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. 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. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. More than 30 Group companies belongs to the BASF SE located in Ludwigshafen. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. Attapulgus. 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. 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 BASF Corporation100 Park Avenue07932 Florham Park, NJ. 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. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Access comprehensive data and analysis of global upstream assets. Pedestrian traffic only during opening hours. Ludwigshafen am Rhein. Read more. Every working day, more than 50,000 employees across Germany make their way to work at BASF. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. E Address. 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. 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. 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! It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction Its portfolio is organized into six segments: Chemicals, Materials, Industrials Solutions, Surface Technologies, Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. In January, the company entered into an agreement with Eramet to invest in a nickel smelting facility in Indonesia. 38 4 a.m. Germany. BASF SE (BASF) is a chemical company. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. You may cancel your subscription at anytime by calling 67056 Ludwigshafen. 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 Real-time Estimate Tradegate Carl-Bosch-Str. 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, Have you found what you were looking for? Continue reading your article witha WSJ membership, Already a member? 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 SE 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. Undersea explosions damaged Nord Stream 1 in September. SEWOGE Service- und Wohnungsunternehmen GmbH. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Contact - BASF SE. 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 7.30 p.m. to Sat. First Name. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Current research projects and examples of innovation for vario > more. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Address. Fax: +49 5443 12 2201. The pipeline transported natural gas from Russia to Germany until the end of August. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more. BTC Europe GmbH 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.

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