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Company Profile For BASF SE

BASF SE (BASF.DE) (Xetra)
sector: Basic Materials · industry: Chemicals - Commodity ·
As of  1:39pm IST
39.50EUR
Price Change
-0.75
Percent Change
-1.86%
 
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Overview

BASF SE, formerly BASF AG, is a Germany-based chemical company. The Company has six business segments: Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions, and Oil & Gas. Chemicals segment offers products in the chemical, electronic, construction, textile, automotive, pharmaceutical and agricultural industries. Plastics segment offers a range of products, system solutions and services. Performance Products help its customers to improve their products and processes. Functional Solutions segment bundles system solutions and products for customers and industries. During the year ended December 31, 2008, the Company acquired Revus Energy ASA (Revus), an oil and gas exploration and production company. On September 26, 2008, it acquires Attapulgite Mining, Inc. On December 15, 2008, it acquired the concrete admixture business of Kejie Admixture Science & Technology Co. Ltd. (Kejie). On December 19, 2008, BASF AG acquired Sorex Holdings Ltd.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, BASF SE's net sales decreased 22% to EUR37.52B. Net income for the period decreased 70% to EUR955M. Net sales reflect a decrease in demand for the Company's products and services in the Chemicals, Plastics, Functional Solutions and Oil & Gas business segments. Net income for the period suffered from higher other operating expenses as well as increased research expenses.

Company Address

BASF SE
Carl-Bosch-Strasse 38
Ludwigshafen     67056
P: +49621.600
F: +49621.6042525

Total Employees

105858

Find Out More About BASF.DE

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 74.14 -3.84% 11/27 13:46 IST
Gold 1148.8 -3.33% 11/27 13:26 IST