SEWOGE Service- und Wohnungsunternehmen GmbH. 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. Currently, you are not logged in to my.chemeurope.com. (if applicable) for The Wall Street Journal. Distribution and use of this material are governed by 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. Live from New York and Hong Kong, HQ. Headquarters Germany Address Carl-Bosch-Str. 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. In January, the company acquired ASL, an innovative melon breeding company. 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. HS 38 - Chemical products n.e.c. Phone: +49 5443 12 0. 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. Network. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, Top 10 Chemical Companies in the World in 2021 by Revenue, Top 10 European Automotive Suppliers in 2021 by Revenue, Top 10 Automotive Suppliers in the World in 2021 by Revenue, Top 10 Agricultural Products Companies in the World in 2021 by Revenue, Carl-Bosch-Str. In January, the company received the ExxonMobil technology qualification for its Durasorb Cryo-HRU technology. Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants. https://www.wsj.com/articles/germanys-basf-to-swing-to-loss-on-russia-related-impairment-11674042754. SWFI is a minority-owned organization. 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. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the Customer Service. IT Client Prospector provides intelligence on BASF SEs likely spend across technology areas enabling you to understand the digital strategy. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. 141 Englehard Rd. $ + tax There was an error. BASF in Germany Every working day, more than 50,000 employees across Germany make their way to work at BASF. Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. 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. HS 39 - Plastics and articles thereof. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. On the Ground, Its More Complicated. 2008-2023 Sovereign Wealth Fund Institute. Greta Thunberg Released After German Police Detained Her at Coal Mine Protest, A Crypto Magnate Saw the Risks and Still Was Hammered, Surveillance Program on Money Transfers Raises Privacy Concerns, Opinion: Water Is a Terrible Thing for California to Waste, Opinion: Biden Gives a Boost to Schoolyard Bullies, Opinion: Big News About a Smaller Chinese Population, Opinion: The Government Debt Threat Keeps Mounting. Industrial implementation of the ammonia synthesis - How does it work? Find out how LUMITOS supports you with online marketing. For non-personal use or to order multiple copies, please contact 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. 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. 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. BASF SE Home Care, I&I and Industrial 67056 Ludwigshafen. Opening hours: 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. Carl-Bosch-Str. Website available. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. 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 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 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. 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 . BASF is headquartered in Ludwigshafen, Germany. BASF SE - Ludwigshafen, Germany BASF SE Show phone number Show fax number Show website Carl-Bosch-Str. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 United States. Global Oilfield Chemicals D 105. 67056 Ludwigshafen. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. Discover Performance Polymers! 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. BASF carries out R&D in alliance with global customers, scientists and partners. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. GERMANY. You may change your billing preferences at any time in the Customer Center or call Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations All rights reserved. BASF is headquartered in Ludwigshafen, Germany. Cookies help us deliver our services. Effective September 15th, 2020, BASF Ludwigshafen will use a new application to dispatch trucks at gate 15. Sun. 4 a.m. 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. You need more than just a product to solve your challenges. 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 @ K 2022 Visit our Website! We will be in touch soon. 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. 49448 Lemfrde. Data by Location. BASF SE Germany. Historical foundations of a modern company: The following outline highlights 150 years of BASF corporate history. Undersea explosions damaged Nord Stream 1 in September. All steps are explained in this flyer you can download here. You will be notified in advance of any changes in rate or terms. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. Contact. The pipeline transported natural gas from Russia to Germany until the end of August. The headquarters of this business will be in Singapore. 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. 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. Click here For you, we combine cutting-edge solutions with established expertise. The company operates through a network of manufacturing facilities across the world. basf se Animal Nutrition, Europe Chemiestrasse 22 68623 Lampertheim Germany +49-621 60-28073 BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction United States. 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 He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. 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. Due to construction work (Brunckstrae) currently no regular opening hours. 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. 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). 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. Phone: +49 621 60-0 Fax: +49 621 60-42525 E-mail: industrial-formulators-eu@basf.com. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Great that you want to get in touch with us! For more information contact our PU Infopoint! 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. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. BASF SE (BASF) is a chemical company. BASF SE - Company Profile and News - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Asia Bloomberg Daybreak Asia. Access comprehensive data and analysis of global upstream assets. Customer Service. 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. Read more. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. 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. Access key information on FPSOs/FSO vessels globally. 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 67056 Ludwigshafen You may cancel your subscription at anytime by calling Real-time Estimate Tradegate To use all functions of this page, please activate cookies in your browser. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. BASFs forecast, based on preliminary figures, is considerably below analysts forecast of a EUR4.77 billion profit, the company said. Fax: +49 5443 12 2201. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. 7.30 p.m. to Sat. You will be charged The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. We are delighted that you'd like to resume your subscription. Read what you need to know about our industry portal chemeurope.com. A BASF chemical plant in Ludwigshafen, Germany. Already a member? Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Investigators have described them as an act of sabotage, but have not said who they think might be responsible. 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. 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. Carl-Bosch-Strae 38. Address. Have you found what you were looking for? 38. 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. 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. Ludwigshafen site (detailed plan) BASF Agricultural Center Limburgerhof BASF 67056 Ludwigshafen. Germany. BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. Visitor Center This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. Its portfolio is organized into six segments: Chemicals, Materials, Industrials Solutions, Surface Technologies, China, Phone: +55 11 2039-2273Fax: +852 273 49648E-mail: industrial-formulators-sa@basf.com. Add to dossier (if available): History. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Attapulgus. Follow APs coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Connect with the definitive source for global and local news. Current research projects and examples of innovation for vario > more. 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. First Name. Current research projects and examples of innovation for vario more. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we This includes key information on fields, wells and blocks. We combine economic success with environmental protection and social responsibility. 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, How can we support you? Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. Basf Performance Materials: Together with you, our inspired team creates the solutions of.. Fax number Show website Carl-Bosch-Str to Germany until the end of August late Tuesday it! 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