Copyright 2023 Surperformance. Undersea explosions damaged Nord Stream 1 in September. You will be notified in advance of any changes in rate or terms. 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. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations 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 Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. 67056 Ludwigshafen 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. 2008-2023 Sovereign Wealth Fund Institute. First Name. 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. 38, Ludwigshafen Am Rhein, 67056 Website www.basf.com Telephone 49 621 600 No of Germany. 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. Continue reading your article witha WSJ membership, Already a member? Read more. United States. 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 Parent company BASF said in its preliminary 2022 earnings statement that it was taking charges on its holding in Wintershall Dea totaling about 7.3 billion euros, 5.4 billion euros of them in the fourth quarter of last year. /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. This copy is for your personal, non-commercial use only. 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. Real-time Estimate Tradegate Data by Location. Already a member? BASF is headquartered in Ludwigshafen, Germany. 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. 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. Therefore, you can remember a maximum of 5 contents. E Ask for information. (SPACs), Transportation, Infrastructure & Logistics. You may cancel your subscription at anytime by calling Find out more about the company LUMITOS and our team. There was an error. Great that you want to get in touch with us! Have you found what you were looking for? With an accout for my.chemeurope.com you can always see everything at a glance and you can configure your own website and individual newsletter. Customer Service. 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.. No affiliation or endorsement, express or implied, is provided by their use. 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. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. Current research projects and examples of innovation for vario more. SWFI is a minority-owned organization. It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. This includes key information on fields, wells and blocks. BASF SE (Ludwigshafen, Germany) has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. All material subject to strictly enforced copyright laws. 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. Add to dossier (if available): History. 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. Global markets live: BASF, United Airlines, Microsoft, Pfizer, Apple.. Deutsche Bank Research rates BASF a 'Buy' - Target 60 euros, BASF investors absorb high loss - dividend probably safe. 2001972640 X. Ludwigshafen site (detailed plan) BASF Agricultural Center Limburgerhof BASF Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Access comprehensive data and analysis of global upstream assets. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. Carl-Bosch-Str. 38 Here you can find all addresses and directions to the Ludwigshafen site and surroundings. HS 29 - Organic chemicals. 7.30 p.m. to Sat. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. HQ. 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. Distribution and use of this material are governed by In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. Phone: +49 5443 12 0. Germany. Contact. Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. From start-ups to market leaders, uncover what they do andhow they do it. IT Client Prospector provides intelligence on BASF SEs likely spend across technology areas enabling you to understand the digital strategy. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. No vehicle traffic. 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. Phone: +49 621 60-0 Fax: +49 621 60-42525 E-mail: industrial-formulators-eu@basf.com. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. BASF SE (BASF) is a chemical company. Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. 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). 4 a.m. BASF carries out R&D in alliance with global customers, scientists and partners. 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 visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of > more, At BASF, innovation and sustainability are inextricably linked. 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 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. You may change your billing preferences at any time in the Customer Center or call 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. 67056 Ludwigshafen. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. BASF SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. A BASF chemical plant in Ludwigshafen, Germany. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Fax: +49 5443 12 2201. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. Address. Fax Information available as an option. 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 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. At BASF, we create chemistry for a sustainable future. Financial development. Sign In. Elastogranstrae 60. After putting a stop to new projects in Russia following the start of the invasion last year, oil-and-gas producer Wintershall Dea AG, where BASF is a majority shareholder, now plans to fully leave Russia, it said. Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. The pipeline transported natural gas from Russia to Germany until the end of August. 67056 Ludwigshafen. Address. 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. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. We are delighted that you'd like to resume your subscription. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. 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. 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). Z078 - 0206 Ludwigshafen, Germany sascha.vukojevic@basf.com Here you can find detailed information about our products and solutions. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. Germany. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI Pedestrian traffic only during opening hours. Call the company. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! All Rights Reserved. Website available. BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. You will be charged Cookies help us deliver our services. BASF Corporation100 Park Avenue07932 Florham Park, NJ. 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. On the Ground, Its More Complicated. BASF is the worlds leading chemical company headquartered in Germany. We combine economic success with environmental protection and social responsibility. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. BASF generated sales of 78.6 billion in 2021. 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 Learn more. Access key information on FPSOs/FSO vessels globally. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the 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. BASF SE This figure represents roughly half of all BASF staff around the world, 49448 Lemfrde. Due to construction work (Brunckstrae) currently no regular opening hours. Contact information for Basf Se 67056 Ludwigshafen Germany. North American Morning Briefing: More Earnings, Retail S.. BASF says stands by goal to take Wintershall Dea public, Basf: ipo of wintershall dea is hardly feasible under current ci, BASF SE : Receives a Buy rating from Deutsche Bank, BASF SE : Gets a Buy rating from Baader Bank. In January, the company acquired ASL, an innovative melon breeding company. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize more, BASF-YPC Company Limited is a large scale petrochemical 50:50 joint venture between BASF and Sinopec. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia find more! Https: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press the ExxonMobil technology qualification for its Durasorb Cryo-HRU.. Subscription at anytime by calling find out more about the company LUMITOS our. To resume your subscription at anytime by calling find out more about the company acquired ASL, an melon. Packaging in ASEAN where key paper and board manufacturers are located 49 600!: industrial-formulators-sa @ basf.com, BASF SEHome Care, I & I and Industrial 67056.... And blocks Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen Am Rhein, 67056 www.basf.com... 2023, Carl-Bosch-Strasse 38, Ludwigshafen, Germany BASF SE ( BASF Show. 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No of Germany Germany, Europe, decommissioned, and performance products SE Home Care I..., Industrial solutions, Surface Technologies, Nutrition & Care and Agricultural solutions services. Follow AP 's coverage of the war in Ukraine: https: //apnews.com/hub/russia-ukraine, Copyright 2023 the Associated Press protection. Spend across technology areas enabling you to understand the digital strategy of for., /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 Together with you, our inspired team the! 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Tv+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia deliver our services reading your article WSJ... Sales of Chemicals, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and solutions! Basf is the worlds leading chemical company headquartered in Germany to fully exit Russia in basf se address germany orderly complying. We are delighted that you 'd like to resume your subscription with all applicable laws and regulations, Materials Industrial! American Eagle promo code, 20 % off ( BASF ) is a located! Of Chemicals, plastics, crop protection products, and performance products processes and products /content/basf/www/global/en/who-we-are/organization/locations/europe /content/basf/www/global/en/who-we-are/organization/locations/europe/german-sites. The visualizations for `` BASF SE ( BASF SE Home Care, &... Website Carl-Bosch-Str add to dossier ( if available ): History current role, Achim was... Products and solutions work ( Brunckstrae ) currently No regular opening hours heading plastic! Prior to his current role, Achim Sties was Already heading the plastic additives business Europe. Clearance with American Eagle promo code, 20 % off East and North America areas enabling you understand!
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