37 Facts About BASF


BASF SE is a German multinational chemical company and the largest chemical producer in the world.

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BASF has customers in over 190 countries and supplies products to a wide variety of industries.

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BASF is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange.

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BASF delisted its ADR from the New York Stock Exchange in September 2007.

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BASF is a component of the Euro Stoxx 50 stock market index.

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BASF is an acronym for Badische Anilin- und SodaFabrik .

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BASF was set up in 1865 to produce other chemicals necessary for dye production, notably soda and acids.

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BASF recruited Heinrich Caro, a German chemist with experience of the dyestuff industry in England, to be the first head of research.

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BASF ceased to make its own and bought it from the Solvay company thereafter.

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Development of the Haber process from 1908 to 1912 made it possible to synthesize ammonia, and, after acquiring exclusive rights to the process, in 1913 BASF started a new production plant in Oppau, adding fertilizers to its product range.

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BASF acquired and began mining anhydrite for gypsum at the Kohnstein in 1917.

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In 1916, BASF started operations at a new site in Leuna, where explosives were produced during the First World War.

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Under the leadership of Carl Bosch, BASF founded IG Farben with Hoechst, Bayer, and three other companies, thus losing its independence.

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BASF was the nominal survivor, as all shares were exchanged for BASF shares before the merger.

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In 1952, BASF was refounded under its name following the efforts of former Nazi Party member Carl Wurster, who served in Nazi Germany as Wehrwirtschaftsfuhrer .

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BASF developed Polystyrene in the 1930s and invented Styropor in 1951.

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BASF completely took over the Herbol branches in Cologne and Wurzburg in 1970.

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BASF bought the Wyandotte Chemical Company, and its Geismar, Louisiana chemical plant in the early 1970s.

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BASF soon tried to operate union-free, having already reduced or eliminated union membership in several other US plants.

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On 19 December 2008, BASF acquired U S -based Whitmire Micro-Gen together with U K -based Sorex Ltd, Widnes, Great Britain.

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In October 2017, BASF announced it would buy seed and herbicide businesses from Bayer for €5.

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On 15 February 2020, Monsanto and BASF were ordered to pay an additional $250 million in punitive damages.

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BASF's shares traded at over €69 per share, and its market capitalization was valued at US€63.

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In October 2019, BASF reported a drop of operating income for July to September amounting to 24 percent, along with a drop in EBIT earnings of €1.

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BASF produces a wide range of chemicals such as solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals, and inorganic chemicals.

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Biodegradable plasticsBASF developed a biodegradable plastic with a high content of polylactic acid.

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BASF produces a range of performance chemicals, coatings and functional polymers.

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BASF opened a new crop protection technology center in Limburgerhof, Germany in 2016.

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BASF was cooperating with Monsanto Company in research, development and marketing of biotechnology.

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In correlation to this work, BASF has licensed many gene editing tools including CRISPR Cas9 and CRISPR Cas12a .

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In 2010 BASF conducted Department of Environment, Food and Rural Affairs approved trials of genetically modified potatoes in the United Kingdom.

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BASF explores for and produces oil and gas through its subsidiary Wintershall Dea.

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BASF SE has succeeded in developing a semi-crystalline polyamide that allows light to pass through largely unhindered.

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In 2006 BASF was included in the Climate Leadership Index for their efforts in relation to climate change and greenhouse gas emissions.

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BASF has created filters for wastewater treatment plants that help to reduce emissions.

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BASF worked with the Missouri Department of Natural Resources to resolve questions regarding the elevated level of hexavalent chromium that was detected in the effluent from one of its permitted outfalls into the Mississippi River.

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In 2013, BASF reported a spill of several hundred kilogrammes of the chelating agent Trilon-B into the river Rhine from BASF's headquarters in Ludwigshafen, Germany.

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