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52.63000 EUR
0.76
1.42%
Last update May 15, 5:30 PM CEST
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BASF SE
52.63
0.76
1.42%

Overview

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Description

BASF SE is a German multinational chemical company headquartered in Ludwigshafen am Rhein. As the largest chemical producer worldwide, it operates subsidiaries and joint ventures in more than 80 countries, with six integrated production sites and numerous other facilities across Europe, Asia, Australia, the Americas, and Africa. The company serves customers in over 190 countries, supplying products to diverse industries including pharmaceuticals, construction, textiles, automotive, agriculture, and nutrition. BASF SE organizes its core businesses into segments such as Chemicals, Materials, Industrial Solutions, and Nutrition & Care, alongside standalone units like Surface Technologies and Agricultural Solutions. Its portfolio encompasses a broad array of products, including solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals, inorganic chemicals, plastics, performance products, and functional solutions. Through these offerings, BASF SE plays a pivotal role in the global chemical industry, enabling innovations and applications across multiple sectors.

About

CEO
Dr. Markus Kamieth
Employees
106428
Address
Carl-Bosch-Strasse 38
11 Bermudiana Road
Ludwigshafen am Rhein, 67056, MI
Germany
Phone
49 621 60 0
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Chemicals
Country
Germany
MIC code
XETR
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Latest press releases

Sep 26, 2025
X-ELIO powers on Texas solar-and-storage plant that will supply BASF Freeport operations
  • The Liberty Energy project has 72 MW of solar PV capacity and 60 MW of battery storage capacity
  • Key milestone in achieving 100% renewable energy supply for BASF Freeport's expected purchased power needs

FREEPORT, Texas and DAYTON, Texas, Sept. 24, 2025 /PRNewswire/ -- X-ELIO has officially launched operations at its Liberty Energy Project in Dayton, Texas. The Liberty project, which combines 72 MW of solar photovoltaic (PV) capacity with an additional 60 MW of battery storage capacity, is X-ELIO's first combined solar PV and battery energy storage system (BESS) project in the United States. With Liberty now operational, 100% of the expected imported power at BASF's Freeport site will be supplied by renewable energy.

The inauguration ceremony at the Liberty site brought together representatives from both companies, along with key stakeholders including institutional representatives, project partners, and members of the local community who have partnered with X-ELIO through its Community & Nature Plan Program.

"The inauguration of the Liberty Project marks an important milestone in our journey toward more sustainable operations and enabling the green transformation of our customers," said Brad Morrison, Senior Vice President and General Manager at BASF Freeport. "Thanks to our partnership with X-ELIO, we are able to supply 100% of our expected purchased power at our Freeport site from renewable sources. This project supports our long-term commitment to net-zero emissions by 2050 and reflects the kind of collaboration needed to build a cleaner, more resilient energy future." 

BASF will source 48 MW of electricity from the Liberty Project to help power its Freeport site as part of a 12-year Power Purchase Agreement (PPA) announced in 2022. Freeport is one of BASF's six global Verbund sites, which takes an integrated approach to manufacturing, raw materials and energy management.  

"The Liberty Project represents a major step in our planned expansion in the U.S., a key market for X-ELIO," said Lluís Noguera, Chairman and CEO at X-ELIO. "We are currently developing a pipeline of 2.8 GW of solar PV and 2.1 GW of storage projects to advance competitive energy solutions, support local communities, and power a growing American economy."

"This Project exemplifies how X-ELIO creates high-quality projects that ensure cost-effective and reliable energy, providing significant value to our partners," said Kerri Neary, Country Manager of X-ELIO in the U.S. "We take pride in supporting BASF and playing a role in the economic and social development of Texas, establishing a benchmark for future projects both within the state and beyond."

Social and local commitment

Under the umbrella of its Community & Nature Plan Program, X-ELIO remains committed to supporting local communities and organizations throughout the lifecycle of its projects. In coordination with local partners in the county, the company has undertaken several initiatives to benefit the surrounding neighborhoods.

These include the creation of the Dwelling Garden in Liberty, a shared green space for the community to gather; the construction of a boardwalk at Kleb Woods Nature Preserve, improving accessibility for people with reduced mobility, families with children, and all community members; and the restoration of the drainage system at the Liberty Food Bank, enhancing safety and enabling the organization to better serve families in need. X-ELIO has also launched a marketing campaign to recruit volunteers for Meals on Wheels, further supporting the local community.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had sales of $19.7 billion in 2024. For more information about BASF's North American operations, visit www.basf.com/us.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers' green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

About X-ELIO

X-ELIO, a Brookfield-owned company, specialized in the development of renewable energy projects with a global presence in Spain, Italy, Germany, the United States, Japan, Australia, Latin America and the Middle East. With 20 years of experience and more than 3 GW built, this world-leading company is strongly committed to sustainability.

For more information, please visit our website at www.X-ELIO.com, our LinkedIn profile at https://www.linkedin.com/company/x-elio, or our X profile at https://X.com/X_Elio.

BASF Media Contact:

X-ELIO Media Contact:

X-ELIO Media Contact:

Molly Birman

Javier Garzón

Elizabeth Caldwell

Tel.: +1 201 602 8253

Tel.: +34 680 692 007

Tel.: +1 801 867 5278

molly.birman@basf.com

press@x-elio.com

Elizabeth.Caldwell@fticonsulting.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/x-elio-powers-on-texas-solar-and-storage-plant-that-will-supply-basf-freeport-operations-302566358.html

SOURCE X-ELIO

Aug 14, 2025
Univar Solutions and BASF Expand Distribution Agreement to Deliver Key Ingredients for High-Performance Polyurethane, Coatings, Adhesives, and Polymer Systems in Industrial Manufacturing

New agreement will help meet the growing demand for high-performance formulations in polyurethane, coatings, and adhesives production in the United States and Canada

DOWNERS GROVE, Ill., Aug. 14, 2025 /PRNewswire/ -- Univar Solutions USA LLC ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced that Univar Solutions and its Canadian affiliate, Univar Solutions Canada Ltd., (the Ingredients + Specialties division from Univar Solutions) have been appointed the exclusive distributors in the United States and Canada for select BASF specialty ingredients used in industrial applications. The expanded partnership between the two companies aims to provide customers with a significant advantage through access to an extensive portfolio of these essential ingredients: Capromer™, 1,6-Hexanediol (HDO®) molten and flakes, and epsilon-caprolactone. These ingredients are used across a variety of industrial and manufacturing applications, including polymers, plastics, coatings, and adhesives.

Univar Solutions and BASF Expand Distribution Agreement

"We're excited to deepen our already solid partnership with BASF in North America. Working together, we're continuing to pave the way for shared growth and innovation, leveraging our combined strengths to explore new possibilities, solve complex challenges, and deliver exceptional value to our customers," said Matthew Oliver, global vice president of Performance Materials for Univar Solutions. "The diverse range of products and services that our expanded collaboration brings to the table enhances our security of supply and ability to meet the nuanced needs of our mutual customers. These specialty ingredients may be the building blocks of our customers' product improvements and innovative, tailored market solutions."

Capromer, HDO, and epsilon-caprolactone compounds are frequently selected by formulators as starting materials and building blocks in the development of high performing coatings, plastics, textile fibers, and other industrial products. They are recognized as versatile chemistries that impart durability, flexibility, weather resistance. HDO is used to manufacture industrial coatings including lower volatile organic compound (VOC) formulations, polyurethanes, and adhesives. HDO is also present in the formulation of epoxy systems, which are used for the production of rotor blades for wind turbines and construction components for automotive lightweight applications.

"We are thrilled to expand our specialty ingredients distribution partnership with Univar Solutions," said Timothy Cavanaugh, business director, Diols, Acids, and Polyalcohols for BASF Corporation. "This collaboration enhances our ability to provide high-quality specialty ingredients for industries like polymers, plastics, coatings, and adhesives. Together, we are helping customers innovate, meet regulations, and maintain product performance."

This distribution partnership focuses on providing customers with the tools and insights to try to tackle complex technical challenges head-on. Learn more about the chemistries and innovative technical solutions that we're delivering to meet the demands of today's customers.

About Univar Solutions

Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean, and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

HDO and Capromer are registered trademarks of BASF Corporation.

About Ingredients + Specialties from Univar Solutions

Ingredients + Specialties from Univar Solutions brings the best products, people, and results to specialty customers and suppliers seeking to power modern life. By combining science, innovation, and deep expertise with a leading specialty portfolio, we help find the solutions needed to safely improve lives and communities across the globe. Learn more at univarsolutions.com.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had sales of $19.7 billion in 2024. For more information about BASF's North American operations, visit www.basf.com/us.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers' green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

Forward-Looking Statements and Information

This communication contains "forward-looking statements" under applicable law regarding financial and operating items relating to the Company's business. Forward-looking statements generally can be identified by words such as "believes," "expects," "may," "will," "should," "could," "seeks," "intends," "plans," "estimates," "anticipates" or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language.

Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company's business, financial condition, results of operations or cash flows. Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication. For additional information regarding factors that could affect the Company, please see the Company's most recent annual report and other financial reports, including the information set forth under the caption "Risk Factors." Any forward-looking statements represent the Company's views only as of the date of this communication and should not be relied upon as representing the Company's views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/univar-solutions-and-basf-expand-distribution-agreement-to-deliver-key-ingredients-for-high-performance-polyurethane-coatings-adhesives-and-polymer-systems-in-industrial-manufacturing-302529783.html

SOURCE Univar Solutions LLC

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