Capital Expenditures

  • Capex of around €3.4 billion planned for 2020

We are planning capital expenditures (additions to property, plant and equipment excluding acquisitions, IT investments, restoration obligations and right-of-use assets arising from leases) of around €3.4 billion for the BASF Group in 2020. For the period from 2020 to 2024, we have planned capital expenditures totaling €23.6 billion. The investment volume in the coming years will thus exceed that of the planning period 2019 to 2023. Of the planned capital expenditures, €8.2 billion relate to our major investment projects in Zhanjiang, China, and Mundra, India, to expand our businesses in Asia and in battery materials.

Projects currently being planned or underway include:

Capex: selected projects

Location

Project

a

In cooperation with Adani Group

Antwerp, Belgium

Capacity expansion: integrated ethylene oxide complex
Gradual capacity expansion: alkoxylates

Geismar, Louisiana

Capacity expansion: MDI plant

Harjavalta, Finland and Schwarzheide, Germany

Investment: battery materials

Ludwigshafen, Germany

Construction: production plant for vitamin A

Mundra, India

Investment: acrylics value chaina

Zhanjiang, China

Planned construction: integrated Verbund site

Capex by segment 2020–2024
Capex by segment 2020–2024 (pie chart)
Capex by region 2020–2024
Capex by region 2020–2024 (pie chart)