BASF, headquartered in Ludwigshafen, Germany, is a multinational chemical company and the largest chemical producer in the world. Founded in 1865, BASF has a rich history and has transformed itself into a diversified company with a focus on sustainability. BASF's headquarters in Ludwigshafen is its largest production site and is a major research and development center.

The location houses over 30,000 employees and is also home to an in-house power plant and harbor facilities. The company operates in six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. BASF produces a wide range of products, including chemicals, plastics, performance materials, catalysts, coatings, and agricultural products.

Its portfolio encompasses over 80,000 products that cater to various industries, such as automotive, construction, agriculture, healthcare, and consumer goods. On a global scale, BASF operates in more than 80 countries and has approximately 110,000 employees. The company strategically invests in joint ventures and subsidiaries to strengthen its presence in key markets.

Notable subsidiaries include Wintershall Dea, a leading international gas and oil company, and BASF-YPC, a joint venture in China that produces chemicals. BASF holds a strong market position in the global chemical industry. It reported sales of around €59 billion in 2020.

The company faces competition from other chemical giants such as Dow Chemical, DuPont, and ExxonMobil Chemical, but its scale, innovation, and commitment to sustainability have helped it maintain a leadership position. In terms of major events, BASF made a significant change to its strategy in recent years by divesting its oil and gas business, which resulted in the merger of Wintershall with DEA to form Wintershall Dea. This strategic move allowed BASF to focus on its core chemicals business and align with its sustainability goals.

As of the latest update, BASF continues to adapt and innovate to meet the evolving needs of its customers and society. The company actively participates in sustainability initiatives and has set ambitious targets to reduce greenhouse gas emissions and promote circular economy practices. With its strong market presence, diverse portfolio, and commitment to sustainability, BASF remains a key player in the global chemical industry