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BASF Investor Relations Material
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Chemical Production Experts
BASF SE, short for Badische Anilin- und Soda-Fabrik, is a German multinational corporation and one of the largest chemical producers in the world. Founded in 1865, the company has played an instrumental role in shaping the global chemical industry. Today, BASF operates across various sectors with a portfolio ranging from chemicals, materials, and industrial solutions to surface technologies, nutrition, and care products.
Roots in the Textile Industry
The company's roots trace back to Mannheim, Germany, where it was founded by Friedrich Engelhorn to produce dyes for the growing textile industry. Today, with a global network of more than 390 production sites, BASF is one of the central players in global chemical synthesis, creating a variety of products that serve a multitude of industries. Over the years, the company has grown and diversified its product offerings and has made significant contributions to the chemical industry, including the development of the Haber-Bosch process, which enabled the large-scale synthesis of ammonia, a key component for fertilizers and explosives.
Versatile Use Cases
The chemical products produced by BASF are used in a vast array of applications. From producing chemicals that are essential for the construction industry to the creation of materials used in the automotive sector, BASF's influence is wide-reaching. The company also makes products used in pharmaceuticals, agriculture, and consumer goods. Notably, BASF is also one of the world’s leading suppliers of ingredients for the personal care industry. When it comes to companies using their products we find names such as Adidas and Linde. These two companies utilize BASF’s products in very different ways and act as an example of the variety of different applications for the company’s products.
Embracing Digitalization
In a bid to keep up with a rapidly digitizing world and continue to evolve with the times, BASF has been actively incorporating digital technologies into its operations. From digitalizing its production processes to using data analytics and artificial intelligence for decision-making and innovation, the company is using digital tools to further optimize its processes and continue to evolve.
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