Overview
Description
BASF SE Sponsored ADR represents shares of BASF SE, a leading chemical company based in Germany, traded in the U.S. as American Depositary Receipts (ADRs). This financial instrument allows American investors to own BASF shares without directly participating in foreign exchanges, providing easier access to the European market. BASF SE operates across multiple sectors, delivering products essential for industries such as agriculture, construction, electronics, and automotive. Their product portfolio spans chemicals, performance products, functional materials, and agricultural solutions. The company's comprehensive research and development initiatives focus on sustainable solutions, reinforcing its position as an industry innovator. BASF's role in the global market is significant, due to its wide-ranging impact on numerous commercial and industrial processes around the world. The ADR format simplifies transactions and reporting for U.S. investors while offering exposure to one of the largest chemical producers globally. Through its continuous evolution and broad application range, BASF SE Sponsored ADR remains integral to the chemical industry and beyond.
About
CEO
Dr. Martin Brudermuller
Employees
112085
Address
Carl-Bosch-Strasse 38
Ludwigshafen am Rhein, 67056
Ludwigshafen am Rhein, 67056
Phone
49 621 60 0
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Chemicals
Country
Germany
MIC code
XSTU