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Home > Company Index > Chemicals > Diversified Chemicals > BASF Aktiengesellschaft

BASF Aktiengesellschaft
NYSE: BF
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 NEWS FROM THE STANDARD
Why Pandesic Didn't Pan Out
Aug 14 2000 12:00 AM PDT

 PROFILE
BASF AG knows we're a chemically dependent world. The company is the world's largest chemical maker, just ahead of DuPont and Bayer. BASF's plastics and fibers unit (30% of sales) produces polyolefins and polystyrene, while its colorants and finishing products business (20%) makes dyes, coatings, and adhesives. Other businesses include agricultural and nutrition products (additives, herbicides), basic and intermediate chemicals (reactants, additives, solvents, catalysts), and oil and gas exploration and production (through subsidiary Wintershall AG). Europe accounts for nearly 60% of BASF's sales. BASF sold its pharmaceutical operations (Knoll Pharmaceutical) in 2001 to concentrate on its core chemical operations.

 COMPETITION
Bayer AG (BAYZY)
The Dow Chemical Company (DOW)
E. I. du Pont de Nemours and Company (DD)

 DEALS
Deal: BASF, Bayer, Dow, DuPont and Ticona/Celanese Join Forces
Date Announced: 04.05.00
Value of transaction (US $Mil): 0
Description: Thermoplastics suppliers team to create online thermoplastics marketplace.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 33,989.00
1-Yr. Sales Growth: 7.8%
Employees: 103,273
Revenue per employee: $329,117.97

 KEY PEOPLE
• Jürgen F. Strube
    CEO

 CONTACT INFO
Carl-Bosch St. 38
67056 Ludwigshafen, Germany
Phone: 49-621-60-0
Fax: 49-621-60-42525
Online: Web Site

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