Since January 1, 2019, BASF’s eleven divisions are grouped into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. This segment structure sharpens our portfolio and increases transparency.
Businesses are clustered to improve customer experience and to fully realize Verbund synergies as exemplified by the “connectors” in the graphic below:
Information on the business development of the segments in 2020, including impacts of the coronavirus pandemic, can be found in BASF’s quarterly statements.
1 Since the signing of a divestment agreement, Construction Chemicals is reported as a discontinued operation and the respective assets are reported under Other