✓ audited

Segment profile

Innovations for the health of crops

The Agricultural Solutions segment consists of the Crop Protection division. We develop and produce innovative active ingredients and formulations for the improvement of crop health and yields, and market them worldwide.

BASF Plant Science conducts research in the field of plant biotechnology.

Strategy

  • Clear and long-term innovation strategy ensures future growth
  • Targeted investments in core and growth markets
  • Development of solutions that go beyond conventional crop protection measures

Crop Protection – Strategy

Our strategy has been developed based on long-term market trends. To meet the needs of a growing world population, we need to increase crop yields. Since arable farmland is limited, this is only possible with the help of innovations. In order to secure our future growth, we rely on a clear and long-term innovation strategy. We offer our customers a broad portfolio of integrated solutions, continuously invest in our active ingredients pipeline and develop improved formulations. In addition, we make targeted investments in core markets and intensify our investments in growth markets.

Acquisition of Becker Underwood

  • Becker Underwood is a leading global provider of technologies for biological seed treatment and seed treatment colorants and polymers, as well as products for biological crop protection
  • Establishment of Functional Crop Care global business unit
  • Expansion of strategic partnerships with seed companies

We acquired Becker Underwood in November 2012. The company, based in the United States, is one of the leading global providers of technologies for biological seed treatment and seed treatment colorants and polymers, as well as products for biological crop protection. As part of the acquisition, we have established the Functional Crop Care global business unit. The unit merges our existing research, development and marketing activities in the areas of seed treatment, biological crop protection, plant health, and water and resource management with those of Becker Underwood, thereby fortifying them.

Through this acquisition, we will further expand our strategic partnerships with seed companies, also benefiting from the technological competence of BASF Plant Science. We work together with various divisions within BASF to develop solutions that go beyond conventional crop protection measures, helping farmers to secure and increase their yields.

Investments

In 2012, we invested €170 million in property, plant and equipment. A major portion of this total consisted of investments to expand production capacity for our F 500® fungicide as well as for an important precursor for the fungicide Xemium®, launched in the previous year. Furthermore, we raised the research and development capacities of our sites in Raleigh, North Carolina, and Limburgerhof, Germany.