[41] 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 €1.1 billion ($1.2 billion). The amount of waste BASF produces has continued to fall. Cognis is a deliverer of natural source raw materials and ingredients for food, nutrition and healthcare markets, and the cosmetics, detergents and cleaners industries. Die wichtigsten Mitbewerber der BASF Coatings sind Axalta Coating Systems (ehemals DuPont Performance Coatings), PPG Industries, AkzoNobel, Kansai Paint, Hesse Lignal und Nippon Paint. Find the latest BASF SE (BASFY) stock quote, history, news and other vital information to help you with your stock trading and investing. That same year, the Allied Commission decreed that IG Farben should be dissolved. Die BASF Coatings GmbH mit Sitz im westfälischen Münster zählt zum Unternehmensbereich Lack (englisch Coatings) der BASF-Gruppe. [5] Its headquarters is located in Ludwigshafen, Germany. Das Hauptgeschäftsfeld war die Produktion von Lacken und Farben. And we understand challenges as future opportunities: Our aim is to support our customers with formulation and market expertise towards new strategies and new market opportunities. This makes it the world's first semi-crystalline polyamide for semi-transparent or transparent components in chemically challenging environments. Wichtige Standorte. Man entschied sich 1925 für den Hellroten Ara mit seiner auffälligen Farbenpracht als Markenzeichen. BASF built a new chemical complex in Dahej, Gujarat at a cost of $100 million. ", "Largest chemical companies worldwide based on revenue in 2017 (in billion U.S. dollars)", https://www.basf.com/group/corporate/en/about-basf/profile/index, "UPDATE 2-Germany's BASF says to delist from NYSE", "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news", "European shares drop after weak BASF and Novartis updates", "1865–1901: The Birth of the Chemical Industry and the Era of Dyes", "BASF opens production facility for concrete admixtures in Kazan, Russia", Construction starts on BASF's Zhanjiang smart project, "BASF bids $3 bln for Switzerland's Ciba", "BASF Acquires Sorex Pest Control Business; Deal Includes Whitmire Micro-Gen", "BASF Acquires Cognis in $3.8 Billion Deal", "Siegfried buys BASF drug ingredient businesses for $306 million", "Bayer to Sell Assets to BASF for $7 Billion Amid Scrutiny of Monsanto Megadeal", "Competition Bureau asks Bayer to divest some Canadian assets to win Monsanto deal approval", "Japan's DIC Corp. to Buy BASF's Pigments Unit for $1.1 Billion", "Wet future: Streamlined DuPont is buying again, adds BASF water", "Dicamba-Related Federal Trial Begins In Southeast Missouri", "Monsanto's defense: Fungal disease, not dicamba, to blame for peach farmer's problems", "Dicamba on trial: Monsanto officials limited testing on their own plots", "Dicamba Goes On Trial: The History Behind Monsanto's Friendship-Wilting Weed Killer", "Peach farmer takes stand in lawsuit against Bayer, BASF", "Jury finds in favor of Missouri peach grower in lawsuit against Bayer, BASF", https://www.bloomberg.com/news/articles/2020-02-14/bayer-ordered-to-pay-15-million-over-dicamba-crop-damage, "Monsanto, BASF Will Pay $250 Million In Punitive Damages In First Dicamba Trial", https://www.nytimes.com/aponline/2020/02/15/business/bc-us-dicamba-lawsuit-missouri.html, "BASF Bilanz, Gewinn und Umsatz | BASF Geschäftsbericht | BASF11", "BAS.DE Key Statistics | BASF SE NA O.N. [25], In October 2017, BASF announced it would buy seed and herbicide businesses from Bayer for €5.9 billion ($7 billion), as part of its acquisition of Monsanto. How they do it: BASF has been using ”Performance-based Contracting” since the late 1990s for ‘cost per unit’ models in their ”Coatings” division. [13] In 1952, BASF was refounded under its name following the efforts of former Nazi Party member and Third Reich Wehrwirtschaftsführer (war economy leader) Carl Wurster. BASF has customers in over 190 countries and supplies products to a wide variety of industries. We combine economic success with environmental protection and social responsibility. In 2008, BASF acquired Yaşar Holding's 50% shareholding in 2008, making Yaşar-BASF Otomotive Boya, which at the same time change its name to BASF Car Refinishes Coatings, a 100% subsidiary of BASF. (519) 256-3155 Fax. BASF is the world’s leading supplier of chemicals to the paper and board industry. Das Unternehmen firmiert seit dem 1. Weitere Zukäufe, wie 1967 die Dr. Beck & Co. AG, Spezialist für Isolierlacke und Isolationswerkstoffe für die Elektroindustrie, und 1968 die Herbol-Werke Herbig Haarhaus AG stärkten das Unternehmen. The state department of health reviewed the test results and determined that the amounts found were well below recommended public health screening levels. The economic incentive for this approach is high resource and energy efficiency of the overall process, reduced shipping cost and associated reduced risk of accidents. Find out more about this initiative which has received broad Canadian industry support, and participate by posting your needs or supplies These high-quality chemical intermediates are commonly used in the production of products such as coatings, adhesives, high-performance lubricants, flavorings and printing inks. BASF also acquired and began mining anhydrite for gypsum at the Kohnstein in 1917.[11]. Email: cet@basf.com. Following German reunification, BASF acquired a site in Schwarzheide, Eastern Germany, on 25 October 1990. The acquisition of Johnson Polymer was completed on 1 July 2006. BASF is the world’s leading supplier of functional vinyl mono­mers. Die Nachfahren Max Winkelmanns entschlossen sich 1965, das Unternehmen an die BASF für 250 Millionen Mark zu verkaufen[4]. BASF's Functional Solutions segment consists of the Catalysts, Construction Chemicals and Coatings divisions. This takeover is the largest takeover in the company's history. [7][8], BASF is an acronym for Badische Anilin und Soda Fabrik (German for ''Baden Aniline and Soda Factory''). In July 1945, the American military administration confiscated all IG Farben assets. The company has recently reported their emissions in 2006 to be "1.50 million metric tons of waste," which is a decrease from previous years. This strategy was reflected in production by a re-focus towards integrated production sites. AkzoNobel has now completed the acquisition of BASF’s Industrial Coatings business for €475 million.. As the Surface Treatment global business unit, Chemetall has been part of BASF's Coatings division since 2016. The largest such integrated production site is located in Ludwigshafen employing 33,000 people. [9], The discovery in 1857 by William Henry Perkin that aniline could be used to make intense colouring agents had led to the commercial production of synthetic dyes in England from aniline extracted from coal tar. Zusätzlich zum damaligen Hauptsitz in Hamburg gründete Winkelmann 1903 eine Zweigstelle in Hiltrup, das heute ein Stadtteil des westfälischen Münster ist. [63] BASF worked with the Missouri Department of Natural Resources (MoDNR) 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. It has many advantages such as low temperature, low cost, easy operation, and micro-nano coatings. BASF Coatings GmbH develops, produces, and markets coatings and paints. Due to a shortage of male workers during the war, women were conscripted to work in the factories, and later prisoners of war and foreign civilians. Industrial Solutions 1. Following a change in corporate strategy in 1965, greater emphasis was placed on higher-value products such as coatings, pharmaceuticals, pesticides and fertilizers. It was the largest chemical factory of the world. BASF bought the Wyandotte Chemical Company, and its Geismar, Louisiana chemical plant in the early 1970s. Its headquarters is located in Ludwigshafen, Germany. In 1916, BASF started operations at a new site in Leuna, where explosives were produced during the First World War. 1908 wurde das Unternehmen in eine Aktiengesellschaft mit der Firma Glasurit-Werke Max Winkelmann AG mit 1,8 Millionen Goldmark Gründungskapital umgewandelt. Compare Sumitomo Chemical to its competitors by … BASF bought the Engelhard Corporation for $4.8 billion in 2006. BASF soon tried to operate union-free, having already reduced or eliminated union membership in several other US plants. Materials 1. [62], In May 2009, a BASF Plant in Hannibal, Missouri, United States, accidentally discharged chromium into the Mississippi River. These high-quality chemical intermediates are commonly used in the production of products such as coatings, adhesives, high-performance lubricants, flavorings and printing inks. BASF Coatings Münster.jpg 2,580 × 1,932; 614 KB. Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. job offers at BASF Coatings in Münster "We are the largest industrial employer in the region and take our responsibility for our employees, the society and the environment very seriously. The sites at Ludwigshafen and Oppau were controlled by French authorities. 2. In addition, the transaction was associated with a debt of €500 million. BASF products for architectural coatings include all coatings applied on residential, commercial or industrial buildings for both decorative and protective purposes. [53][54] In 2010 BASF conducted Department of Environment, Food and Rural Affairs approved trials of genetically modified potatoes in the United Kingdom. This development followed extensive research and development by Rudolf Knietsch, for which he received the Liebig Medal in 1904. Weitere Werke in Deutschland befinden sich in Oldenburg, Würzburg und Schwarzheide. Diese Seite wurde zuletzt am 28. BASF supplies a broad portfolio of high-performance colored pigments, effect pigments and resins for all areas of industrial coatings like marine, can, coil and wood coatings suitable for many different purposes. The purchase price for equity was about €2.2 billion. BASF Coatings in Mexico employs around 400 people. In March 2007 Sorex was put up for sale with a price tag of about £100 million. IG Farben also achieved notoriety owing to its production of Zyklon-B, the lethal gas used to murder prisoners in German Nazi extermination camps during the Holocaust. Customers are the automotive, oil, paper, packaging, textile, sanitary products, detergents, construction materials, coatings, printing, and leather industries. Throughout the war, Allied bombers attacked the plants 65 times. As a result, they were major targets for air raids. Oktober 2020 um 18:36 Uhr bearbeitet. BASF is one of the global leading suppliers for Automotive OEM coatings globally. This facility has South Asia's first methylene diphenyl diisocyanate (MDI) splitter for processing crude MDI. [24], In May 2015, BASF agreed to sell parts of its pharmaceutical ingredients business to Swiss drug manufacturer Siegfried Holding for a fee of €270 million, including assumed debt. [65], This article is about the German company. Stock – Yahoo Finance", "UPDATE 1-BASF operating profit dives 24% as trade disputes weigh", "BASF Beats Estimates as Farming Helps Offset Trade-War Pain", "EU Commission approves formation of joint venture Styrolution", "Major Products: Welcome to BASF Crop Protection", "Your Diet Tailored to Your Genes: Preventing Diseases or Misleading Marketing? Sumitomo Chemical's main competitors include Bayer CropScience, Huntsman Corporation, LG Chem, DuPont, SABIC, Dow, Celanese, Ashland Global Holdings, Evonik Industries, Eastman and W.R. Grace & Co.. 75% of the BASF shares are held by institutional investors (BlackRock more than 5%). The Surface Technologies segment offers coatings, rust protection products, catalysts and battery materials for the automotive and chemical industries. And we understand challenges as future opportunities: Our aim is to support our customers with formulation and market expertise towards new strategies and new market opportunities. 2. Weiteres Mitglied der Geschäftsführung ist Thomas Hartmann. [1] Företaget tillverkar även lack för lackering av flygplan, båtar och vindkraftverk. [21][citation needed], On 19 December 2008, BASF acquired U.S.-based Whitmire Micro-Gen together with U.K.-based Sorex Ltd, Widnes, Great Britain. These divisions develop customer-specific products, in particular for the automotive and construction industries. StyrenicsBASF Styrenics consists of the Foams and Copolymers. This coat protects the car’s surfaces, edges and cavities from corrosion. [28], In September 2019, BASF signed an agreement with DuPont Safety & Construction, a subsidiary business unit of DuPont Co., to sell its ultrafiltration membrane business, Inge GmbH. 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