Get up to 60% off TVs, laptops and more, Macy's coupon - Sign up to get 25% off next order. Call the company. 7.30 p.m. to Sat. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. 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. No affiliation or endorsement, express or implied, is provided by their use. 2008-2023 Sovereign Wealth Fund Institute. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Carl-Bosch-Str. The company operates through a network of manufacturing facilities across the world. Data by Location. 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. 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 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 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. 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. We are delighted that you'd like to resume your subscription. Opening hours: Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. HS 28 - Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes. 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. Ask for information. 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. 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 . There was an error. 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 Fax: +49 5443 12 2201. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Phone: +49 5443 12 0. 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. Learn more. 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. 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. 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! 4 a.m. Top HS Codes. 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. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. At BASF, we create chemistry - and have been doing so for 150 years. 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. Phone (please also write country code) BASF SE. 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 This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News. Job cuts at Microsoft, Bad Buzz for Tesla: MarketSc.. North American Morning Briefing: More Earnings, -2-. BASF SE, Ludwigshafen, Germany, District Court of Ludwigshafen a.Rhein HRB 6000: Earnings, Revenue, Public funding, Patents, Network, Financial information After the A BASF chemical plant in Ludwigshafen, Germany. 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. 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. USA, E-mail: industrial-formulators-na@basf.com, BASF S.A.Avenida das Nacoes Unidas14.171, Morumbi, So Paulo SP. It has presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. Follow AP's coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine, Copyright 2023 The Associated Press. Brazil, Phone: +55 11 2039-2273E-mail: industrial-formulators-sa@basf.com, BASF SEHome Care, I&I and Industrial Formulators EuropeCarl-Bosch-Strae 38. Bring us your ideas and we turn them into reality together! Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. BTC Europe GmbH 67056 Ludwigshafen. Undersea explosions damaged Nord Stream 1 in September. our Subscriber Agreement and by copyright law. All rights reserved. Every working day, more than 50,000 employees across Germany make their way to work at BASF. BASF SE Chemicals and Fertilizers / Corporate Finance / Global / Europe / Germany EU Issued, UK Endorsed; Solicited by or on behalf of the issuer (sell side) ESG RELEVANCE Contents 00 Back to Top 01 Ratings 02 Rating Actions 03 04 Sector Outlooks 05 Securities and Obligations 06 Fitch Adjusted Financials 07 Disclosures 08 Identifiers 09 Criteria BASF SE (BASF SE) is a Company located in Ludwigshafen Germany, Europe. For more information contact our PU Infopoint! You will be charged Russia hasn't supplied any gas to Germany, one of the countries giving military and other help to Ukraine in the war, since then. 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. 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.. You may change your billing preferences at any time in the Customer Center or call Germany, Phone: +49 621 60-0Fax: +49 621 60-42525E-mail: industrial-formulators-eu@basf.com, BTC Europe GmbHRheinpromenade 140789 Monheim am Rhein. Current research projects and examples of innovation for vario more. Ludwigshafen site (detailed plan) BASF Agricultural Center Limburgerhof BASF 67056 Ludwigshafen. Fax Information available as an option. For non-personal use or to order multiple copies, please contact In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. 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. Visitor Center How can we support you? -. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located. 141 Englehard Rd. Add to dossier (if available): History. He also pointed to restrictions imposed by the Russian government on the operations of Western countries and external interferences in our joint venture operations.. Access comprehensive data and analysis of global upstream assets. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. 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 Request Profile Update Download Data 2 Recorded Transactions Home Profiles Company Europe BASF SE Discover Performance Polymers! 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. The headquarters of this business will be in Singapore. Continue reading your article witha WSJ membership, Already a member? Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Germany. In January, the company entered into an agreement with Eramet to invest in a nickel smelting facility in Indonesia. Wintershall Dea said late Tuesday that it intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations SEWOGE Service- und Wohnungsunternehmen GmbH. The visualizations for "BASF SE, Ludwigshafen, Germany", Carl-Bosch-Str. Carl-Bosch-Str. Find out more about the company LUMITOS and our team. BASF SE Company Number T3104V_HRB6000 Native Company Number Ludwigshafen a.Rhein (Ludwigshafen) HRB 6000 Status Currently Registered Jurisdiction United States. Contact - BASF SE. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. 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. HS 29 - Organic chemicals. Shareholdings: Colors & Effects UK Ltd., Basf Business Services Holding Ltd. BASF Performance Materials: Together with you, our inspired team creates the solutions of tomorrow. Directions to BASF Here you can find all addresses and directions to the Ludwigshafen site and surroundings. Contact. 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. Great that you want to get in touch with us! 38. Undersea explosions damaged Nord Stream 1 in September. 38 67056 Ludwigshafen Germany Request information now Profile At BASF, we Researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products. 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. 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