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Date
Results: 2006
Strong footprint in all regions gives BASF resilience; EBITDA before special items nearly at prior-year quarter level
“In the first quarter of 2025, BASF held its position in an increasingly challenging environment. EBITDA before special items was at about the level of the prior-year quarter and was in line with average analyst estimates,” said BASF’s Chief Financial Officer Dr. Dirk Elvermann at the presentation of the first-quarter results in a conference call for analysts and investors. He stressed the economic benefits of having production assets in all key regions worldwide. In light of the recent market developments around the U.S. tariff announcements, Elvermann said: “We produce locally for the local markets. Especially in these challenging times, this makes us more resilient than others and is a competitive advantage.”
BASF invests in new semiconductor-grade sulfuric acid plant in Ludwigshafen
Ludwigshafen, Germany – April 29, 2025 – BASF will expand its production capacity for semiconductor-grade sulfuric acid (H2SO4), which is an essential ultra-pure chemical. The new production facility at its Ludwigshafen site in Germany will feature cutting-edge purity capabilities to serve growing demand for advanced semiconductor chip manufacturing across Europe. Operations are expected to start by 2027, coinciding with the capacity expansion of key customers. The BASF investment will be in a high double-digit million-euro range.
BASF Coatings’ Greenville, Ohio site named 2025 Business of the Year by the Darke County Community Improvement Corporation
The Greenville site was recognized for consistently contributing to the community as an employer of choice, long-term business partner, and supporter of various social and education efforts throughout Darke County, Ohio.
BASF completes divestment of shares in its two joint ventures in Korla, China
BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction.
BASF and Hagihara Industries collaborate to deliver highly durable artificial grass for sports fields
BASF, a global leader in chemical innovation, and Hagihara Industries, Inc., a leading synthetic fiber producer in Japan, have joined forces to develop highly durable polyolefin yarns for artificial turf used in sports arenas, including football stadiums, baseball fields, and tennis courts. After three years of collaborative research and development, the two companies have created an advanced formulation with a series of Tinuvin® grades that significantly enhances the durability of synthetic grass, making it less susceptible to damage from sun exposure and ensuring it retains its vibrant color.
This News Release is only available in English.
This News Release is only available in English.