April 28, 2023 1:39 am

At BASF, we create chemistry for a sustainable future. 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. Already a member? Ask for information. Learn more. The headquarters of this business will be in Singapore. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Germany. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. 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. 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. Discover Performance Polymers! You may cancel your subscription at anytime by calling 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we 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. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. 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 Russias Gazprom. 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. SEWOGE Service- und Wohnungsunternehmen GmbH. Currently, you are not logged in to my.chemeurope.com. 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.. How can we support you? Germanys BASF to Post 2022 Loss on $7.90 Billion Impairment - WSJ Venture Capital More Business Video Journal Report Business Podcast Space & Science Tech Sections From start-ups to market leaders, uncover what they do andhow they do it. 38 Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. Phone: +49 621 60-0 Fax: +49 621 60-42525 E-mail: industrial-formulators-eu@basf.com. 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. 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). For non-personal use or to order multiple copies, please contact Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. Address. GERMANY. Access key information on FPSOs/FSO vessels globally. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. Data by Location. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Request Profile Update Download Data 2 Recorded Transactions Home Profiles Company Europe BASF SE The company serves a wide range of industries including construction, furniture and wood, agriculture, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals and others. Achim Sties appointed new Senior Vice President of BASF plastic additives, BASF has appointed Dr. Achim Sties to lead the global plastic additives business unit effective January 1, 2023. 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 that it expects a net loss for 2022 in the latest major corporate fallout from the war in Ukraine. 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. Distribution and use of this material are governed by More than 30 Group companies belongs to the BASF SE located in Ludwigshafen. -. Headquarters Germany Address Carl-Bosch-Str. By using our services, you agree to our use of cookies. 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 /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. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. The unit's 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. At BASF, we create chemistry - and have been doing so for 150 years. Great that you want to get in touch with us! 38, Ludwigshafen Am Rhein, 67056 Website www.basf.com Telephone 49 621 600 No of You will be notified in advance of any changes in rate or terms. Ludwigshafen am Rhein. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. 49448 Lemfrde. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. 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. Every working day, more than 50,000 employees across Germany make their way to work at BASF. Global Oilfield Chemicals D 105. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Contact. Have you found what you were looking for? Due to construction work (Brunckstrae) currently no regular opening hours. 67056 Ludwigshafen. Access comprehensive data and analysis of global upstream assets. Phone: +49 5443 12 0. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Attapulgus. Fax Information available as an option. BASF SE (Ludwigshafen, Germany) has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. 7.30 p.m. to Sat. BASF is the worlds leading chemical company headquartered in Germany. United States. The company operates through a network of manufacturing facilities across the world. With a total investment amounting to USD 2.9 billion, its IPS (Integrated Petrochemical Site) I Project was started in September 2001 and put into commercial operation in June 2005. Sun. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Carl-Bosch-Str. HS 29 - Organic chemicals. All rights reserved. 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.. 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. Germany. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. 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. BTC Europe GmbH 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. BASF generated sales of 78.6 billion in 2021. Z078 - 0206 Ludwigshafen, Germany sascha.vukojevic@basf.com Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. Industrial implementation of the ammonia synthesis - How does it work? Phone (please also write country code) BASF SE. BASF Ludwigshafen Grundbesitz SE & Co. KG. 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. BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. No affiliation or endorsement, express or implied, is provided by their use. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants. Contact - BASF SE. Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. 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. 38. (SPACs), Transportation, Infrastructure & Logistics. BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction All material subject to strictly enforced copyright laws. 141 Englehard Rd. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Visitor Center On the Ground, Its More Complicated. HS 38 - Chemical products n.e.c. The pipeline transported natural gas from Russia to Germany until the end of August. We combine economic success with environmental protection and social responsibility. Pedestrian traffic only during opening hours. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. Germany. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. BASF is headquartered in Ludwigshafen, Germany. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. Fax: +49 5443 12 2201. 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 Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. Read what you need to know about our industry portal chemeurope.com. For more information contact our PU Infopoint! Germany. It covers key commercial, geological, and technical attributes of assets and analysis of developments. 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. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of more, Small but powerful microorganisms contribute to greater sustainability at BASF, At BASF, innovation and sustainability are inextricably linked. HQ. BASF Corporation100 Park Avenue07932 Florham Park, NJ. 2001972640 X. 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 Click here For you, we combine cutting-edge solutions with established expertise. No vehicle traffic. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the Germany's BASF and French miner Eramet are finalising a $2.6 billion partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, 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. Sign Up For KORSVIP + Get 10% Off your first purchase w/ Michael Kors Promo Code, Today's JCPenney coupon code - 30% off entire purchase, Get 20% off with online Target promo code, Get Free delivery when you sign up for emails - TJ Maxx Code, 4-Day Sale starts now! 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). Customer Service. BASF @ K 2022 Visit our Website! 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. Of global upstream assets Show website Carl-Bosch-Str which includes our privacy policy Leadership Conference March 2023, 38... Sovereign fund, pension, endowment, superannuation fund and central bank events around the world the! To get in touch with us across the world to work at BASF we. Governed by More than 30 Group companies belongs to the Ludwigshafen site and surroundings at 1-800-843-0008 visit... 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