Segment profile

The Agricultural Solutions segment consists of the Crop Protection division. We develop and produce innovative solutions for the improvement of crop health and yields, and market them worldwide. The Plant Science competence center conducts research in the field of plant biotechnology. The activities of Plant Science are reported in “Other.”

Indications and sectors


Fungicides

Protecting crops from harmful fungi

Herbicides

Reducing competition from weeds for nutrients and water

Insecticides

Combating insect pests both in and outside of agriculture

Functional Crop Care

Biological crop protection, seed treatment, polymers and colorants

Sales


Agricultural Solutions – Sales (graphic)


Agricultural Solutions – Factors influencing sales
Agricultural Solutions – Factors influencing sales (bar chart)
Agricultural Solutions – Income from operations before special items (in million €)
Agricultural Solutions – Income from operations before special items (bar chart)

How we create value – an example

Blockbuster fungicide Xemium®

Critical component and driver of BASF’s fungicide portfolio

Value for BASF

>€600 million

Peak sales potential

Value for our customers

3-fold

Better performance than conventional fungicides

Since its introduction in 2011, Xemium® has been a key component of our fungicide portfolio and has strengthened our leading position in innovative fungicide solutions. Xemium®’s excellent sales growth between 2011 and 2014 confirms that products featuring Xemium® have been adopted very readily by our customers and that they are being used in numerous crops across all regions. We aim for a peak sales potential of more than €600 million with Xemium®.

Xemium® outperforms conventional fungicide products in three ways: It remains effective longer, can be used more flexibly and disperses extraordinarily well within the plant. For the farmer, this translates into higher crop yields and improved quality thanks to high product reliability and a broad range of effects.

Strategy

  • Contribution to feeding a growing world population
  • Long-term innovation strategy ensures future growth
  • Development of solutions that go beyond conventional crop protection measures

Our strategy has been developed based on long-term market trends. A key challenge of the future will be to ensure enough food for a growing world population. This means that farmers around the world need to increase their yields – and yet the natural resources for doing so, such as water and arable land, are limited. We see it as our duty to provide farmers with professional support in producing more – and more nutritious – food as efficiently as possible.

We are committed to the responsible treatment of our products and the environment. We offer our customers a broad portfolio of integrated solutions and constantly invest in our development pipeline to create chemical and biological innovations in crop protection.

Our research and development activities range from solutions for guarding plants against fungi, insects and weeds, to seeds and soil management, to plant health. The Functional Crop Care business unit, for example, not only offers seed enhancement products and innovations for better soil management, but also provides biological and chemical technologies that make plants more resistant to stress factors such as heat, cold and nutrient deficiency.

We are intensifying our investment in growth markets and continuing to expand our good position in our core markets. In 2015, we will introduce the new dicamba formulation Engenia® in North America. Used in dicamba- and glyphosate-tolerant cropping systems, this is a highly efficient agent for controlling glyphosate-resistant weeds in important field crops, such as corn and soy.

We will further expand our partnerships with seed companies, benefiting as well from the technological competence of BASF Plant Science. In addition, we work together with other BASF divisions to develop the best solutions for our customers. Integrated IT applications for increasing agricultural yield and productivity are one example. We develop these together with farmers, and will begin introducing them to key agricultural markets around the world in 2015. They will support farmers in their decision-making and in managing their business operations, and will better connect the global agriculture community.