Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations 7.30 p.m. to Sat. 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. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. 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. Already a member? Ask for information. Find out how LUMITOS supports you with online marketing. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. Customer Service. Visitor Center You may cancel your subscription at anytime by calling As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. 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 Learn more. 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. You will be charged HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. For non-personal use or to order multiple copies, please contact BASF SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. To use all functions of this page, please activate cookies in your browser. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. HQ. BASF is the worlds leading chemical company headquartered in Germany. No vehicle traffic. Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Carl-Bosch-Str. Phone: +49 621 60-0 Fax: +49 621 60-42525 E-mail: industrial-formulators-eu@basf.com. All rights reserved. All steps are explained in this flyer you can download here. 67056 Ludwigshafen. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. Global markets live: BASF, United Airlines, Microsoft, Pfizer, Apple Europe's Cooling Inflation Heats Up Trading In DAX On Wednesday Midday, Study: Only a few German stocks create high value for investors. How can we support you? Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. 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. It covers key commercial, geological, and technical attributes of assets and analysis of developments. 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. In January, the company acquired ASL, an innovative melon breeding company. 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 Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai more. All material subject to strictly enforced copyright laws. Therefore, you can remember a maximum of 5 contents. 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 SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the creation of the dossier is completed, it will be sent to your email address . Live from New York and Hong Kong, 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. 38, 67056 Ludwigshafen, Germany. All rights reserved. /content/basf/www/za/en/who-we-are/sites-and-companies, /content/basf/www/za/en/who-we-are/sites-and-companies/germany. This figure represents roughly half of all BASF staff around the world, with the majority working at our headquarters in Ludwigshafen. You may change your billing preferences at any time in the Customer Center or call We will be in touch soon. -. Last Name. Contact - BASF SE. (if applicable) for The Wall Street Journal. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. BTC Europe GmbH BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. Distribution and use of this material are governed by In January, the company entered into an agreement with Eramet to invest in a nickel smelting facility in Indonesia. Data by Location. Request Profile Update Download Data 2 Recorded Transactions Home Profiles Company Europe BASF SE 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 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.. BASF is headquartered in Ludwigshafen, Germany. Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. /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. Discover Performance Polymers! 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. 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). 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. Opening hours: HS 29 - Organic chemicals. We combine economic success with environmental protection and social responsibility. Germanys 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 Moscows invasion of Ukraine. 67056 Ludwigshafen. Our mis more, BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Click here For you, we combine cutting-edge solutions with established expertise. Great that you want to get in touch with us! BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Here you can find detailed information about our products and solutions. Phone: +49 5443 12 0. 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. 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. 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. This figure represents roughly half of all BASF staff around the world, 38 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. 49448 Lemfrde. Fax: +49 5443 12 2201. The pipeline transported natural gas from Russia to Germany until the end of August. 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. Z078 - 0206 Ludwigshafen, Germany sascha.vukojevic@basf.com Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. SEWOGE Service- und Wohnungsunternehmen GmbH. Network. 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.. 141 Englehard Rd. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. 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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. 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. Current research projects and examples of innovation for vario > more. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the Website available. Continue reading your article witha WSJ membership, Already a member? 67056 Ludwigshafen 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). Investigators have described them as an act of sabotage, but have not said who they think might be responsible. The pipeline transported natural gas from Russia to Germany until the end of August. BASF SE Sign In. Germany. Due to construction work (Brunckstrae) currently no regular opening hours. 1997-2023 LUMITOS AG, All rights reserved. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. 2008-2023 Sovereign Wealth Fund Institute. 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. Read more. Currently, you are not logged in to my.chemeurope.com. At BASF, we create chemistry for a sustainable future. BASF Ludwigshafen Grundbesitz SE & Co. KG. This copy is for your personal, non-commercial use only. 4 a.m. Current research projects and examples of innovation for vario more. Have you found what you were looking for? 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, 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 Read what you need to know about our industry portal chemeurope.com. From start-ups to market leaders, uncover what they do andhow they do it. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. Pedestrian traffic only during opening hours. Undersea explosions damaged Nord Stream 1 in September. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. BASF Corporation100 Park Avenue07932 Florham Park, NJ. Russia hasnt supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. Industrial implementation of the ammonia synthesis - How does it work? Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. Contact. 67056 Ludwigshafen. 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! Address. Copyright 2023 Surperformance. Germany. The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. This includes key information on fields, wells and blocks. 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. E Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. (SPACs), Transportation, Infrastructure & Logistics. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Customer Service. 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 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. 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 (please also write country code) BASF SE. Germany. For more information contact our PU Infopoint! It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. United States. GERMANY. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. Top HS Codes. Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. 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 Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Call the company. 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. Global Oilfield Chemicals D 105. The company operates through a network of manufacturing facilities across the world. United States. 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. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Bring us your ideas and we turn them into reality together! 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. 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. We are delighted that you'd like to resume your subscription. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. SWFI is a minority-owned organization. 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. HS 38 - Chemical products n.e.c. BASF SE (BASF) is a chemical company. The headquarters of this business will be in Singapore. All Rights Reserved. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Contact information for Basf Se 67056 Ludwigshafen Germany. 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. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. 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. 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. Real-time Estimate Tradegate At BASF, we create chemistry - and have been doing so for 150 years. No affiliation or endorsement, express or implied, is provided by their use. You need more than just a product to solve your challenges. 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. Headquarters Germany Address Carl-Bosch-Str. 38, Ludwigshafen Am Rhein, 67056 Website www.basf.com Telephone 49 621 600 No of Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. 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 Access comprehensive data and analysis of global upstream assets. Cookies help us deliver our services. More than 30 Group companies belongs to the BASF SE located in Ludwigshafen. IT Client Prospector provides intelligence on BASF SEs likely spend across technology areas enabling you to understand the digital strategy. Access key information on FPSOs/FSO vessels globally. BASF generated sales of 78.6 billion in 2021. Financial development. 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. 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. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. 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. Germany. Address. Sovereign Investor Leadership Conference March 2023, Carl-Bosch-Strasse 38, Ludwigshafen, 67056, Germany. Errors are noted below: Thanks for reaching out. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. A BASF chemical plant in Ludwigshafen, Germany. 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. Contact information for Basf Se Address D67056 LUDWIGSHAFEN GERMANY Top HS Codes HS 74 - Copper and articles thereof HS 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof See more goods shipped on Panjiva Recent Panjiva Research about Basf Se Hapag-Lloyd upgrades as Brazil, U.S. operations continue to struggle BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Carl-Bosch-Str. By using our services, you agree to our use of cookies. Russian TV Touts a Big Victory in Ukraine. 38, Ludwigshafen Am Rhein, 67056, Subscribe to Company Analytics & gain access to premium industry data & analytics, Subscribe to Company Analytics for access to more products & services data, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Chart Financial activity with access to more key stats, Chief Digital Officer; Chief Financial Officer; Vice Chairman - Executive Board, Member- Executive Board; Site Director - BASF Ludwigshafen; Chief Technology Officer; Director - Industrial Relations, Gain more insight into company management & employee structure with Company Analytics, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Russia in an orderly manner complying with all applicable laws and regulations at our headquarters in Ludwigshafen Germany phone! 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