BASF
German chemicals company
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| 2024 | Markus Kamieth assumes the role of Chairman of BASF, succeeding Martin Brudermüller. |
| 2023 | BASF reports a modest net income of 0.225 billion euros with revenue declining to 68.902 billion euros, suggesting a stabilization period. |
| 2023 | Company shows signs of stabilization with a small positive net income of 0.225 billion euros and continuing workforce of 111,991 employees. |
| November 2023 | BASF closed a $5 billion 15-year investment deal with Chinese banks. |
| September 2023 | BASF broke ground on its Zhanjiang syngas plant, scheduled for commissioning by 2025. |
| February 2023 | BASF announced plans to close one of its two ammonia factories in Ludwigshafen, resulting in the potential loss of 2,600 jobs and increased production in China. |
| 2022 | BASF's Zhanjiang investment project was approved, with the first plant starting up in the same year. |
| 2022 | BASF reaches peak annual revenue of 87.327 billion euros, though experiencing a net income of -0.627 billion euros, indicating continued economic challenges. |
| 2021 | BASF shows recovery, reporting a net income of 5.523 billion euros and increasing annual revenue to 78.598 billion euros. |
| 2020 | According to the University of Massachusetts Amherst's Political Economy Research Institute, BASF was ranked as the #2 largest air polluter and #14 largest water polluter. |
| 2020 | According to the 'Top 100 Polluters Indexes', BASF was ranked the #2 largest polluter of air and #14 largest polluter of water. |
| 2020 | BASF experiences a significant financial challenge, recording a net income of -1.060 billion euros, likely due to global economic disruptions from the COVID-19 pandemic. |
| February 15 2020 | Monsanto and BASF ordered to pay an additional $250 million in punitive damages in the Dicamba-related lawsuit. |
| February 14 2020 | Jury rules against BASF and Bayer, finding in favor of Bader Farms owner Bill Bader. BASF and Bayer ordered to pay $15 million in damages. |
| January 27 2020 | First lawsuit concerning Dicamba-related products begins in Cape Girardeau, Missouri, with a peach farmer alleging significant crop and tree damage from Dicamba-based herbicides. |
| December 31 2019 | BASF employed 117,628 people globally, with over 54,000 employees located in Germany. |
| November 2019 | BASF announced a US$10 billion investment project in Zhanjiang, China, for producing engineering plastics and TPU. |
| October 2019 | BASF reported a 24% drop in operating income for Q3, with EBIT earnings falling to €1.1 billion. The company cited US-China trade war and Brexit uncertainties as contributing factors, but noted that the acquisition of Bayer AG's agrochemical and seed business helped offset some negative impacts. |
| September 2019 | BASF signed an agreement to sell its ultrafiltration membrane business, Inge GmbH, to DuPont Safety & Construction. |
| August 2019 | BASF agreed to sell its global pigments business to Japanese company DIC for €1.15 billion. |
| 2018 | Martin Brudermüller becomes Chairman of BASF, leading the company from 2018 to 2024. |
| November 2018 | BASF's market capitalization was valued at €63.7 billion, with shares trading at over €69 per share. |
| 2017 | BASF reported annual earnings of €6.1 billion with a revenue of €64.5 billion, representing a 12% increase from the previous fiscal cycle. |
| October 2017 | BASF announced the purchase of seed and herbicide businesses from Bayer for €5.9 billion, as part of Bayer's Monsanto acquisition. |
| 2016 | BASF opened a new crop protection technology center in Limburgerhof, Germany, expanding its agricultural research and development capabilities. |
| November 2016 | Initial Dicamba-related lawsuit filed against Monsanto, involving allegations of crop damage by Dicamba-based herbicides. |
| May 2015 | BASF agreed to sell parts of its pharmaceutical ingredients business to Siegfried Holding for €270 million, including assumed debt. |
| 2014 | BASF received authorization for the Starch Potato to be used in the United States. |
| 2013 | BASF reported a spill of several hundred kilogrammes of the chelating agent Trilon-B into the river Rhine from their headquarters in Ludwigshafen, Germany. |
| 2013 | BASF expanded its operations to Kazan, Russia, continuing its strategic growth in the Russian market. |
| 2013 | BASF reports annual revenue of 73.973 billion euros with 112,206 employees, demonstrating significant economic activity in the chemicals industry. |
| 2012 | BASF expanded its operations to Podolsk, Russia, furthering its business presence in the country. |
| 2011 | BASF and INEOS formed a joint venture called Styrolution, blending their global business activities in styrene-based products including styrene monomers, polystyrene, acrylonitrile butadiene styrene, styrene butadiene copolymers, and other styrene-based copolymers. |
| 2011 | Kurt Bock takes over leadership of BASF as Chairman, serving from 2011 to 2018. |
| 2010 | BASF conducted Department of Environment, Food and Rural Affairs approved trials of genetically modified potatoes in the United Kingdom, specifically testing the Starch Potato with reduced amylose. |
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