Letter from the Chairman
Chairman of the Board of Executive Directors.
Elastocoast®, a composite of BASF specialty plastics and stone ballast, defends dikes against the force of waves. This offers long-lasting erosion protection for coastlines, benefiting humans and the environment.More on specialty plastics
Resource conservation is a global challenge. BASF has developed an Eco-Efficiency Analysis to evaluate the sustainability of a product throughout its entire life cycle. Optimized products are awarded a label to show they have been evaluated by an Eco-Efficiency Analysis. Baby diapers are the first consumer product to carry this label. Customers and consumers can thus identify products that are more sustainable and take this into consideration when making their purchasing decisions.More on Eco-Efficiency Analysis
When it comes to cosmetics, every age has specific product requirements. This will lead to greater demand for new ingredients in the future. With the acquisition of Cognis, BASF is becoming the leading supplier of ingredients to the cosmetics industry. Our portfolio is not only now more diverse, it is also more cyclically robust.More on the Cognis acquisition
Knowledge is an important future resource and a motor for growth and innovation. We see investment in education as part of our social responsibility. We therefore offer Kids’ Labs in 17 countries and take part in projects that promote education and the fun of learning. In the growth market of Asia alone, over 14,000 children discovered the world of chemistry in our Kids’ Labs in 2010.More on social commitment
Warm or cold weather often determine how well a harvest turns out. It is a problem for both farmers and consumers when crops do not produce the expected yield due to difficult environmental conditions. That is why BASF is working together with Monsanto on the development of stress-tolerant crops, such as corn (maize), that are more resistant to drought. This helps farmers to increase their crop yields and conserve water at the same time.More on plant biotechnology
Climate protection poses great challenges to future mobility. Electric cars with lithium-ion batteries could be a solution. BASF already offers materials which enable these batteries to store more energy. Together with partners from the fields of business and science, BASF is also conducting research on the next generation of batteries to ensure future mobility while protecting the environment.More on electromobility