Capital Expenditures

  • Capex of around €3.6 billion planned for 2021

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 €3.6 billion for the BASF Group in 2021. For the period from 2021 to 2025, we have planned capital expenditures totaling €22.9 billion. The investment volume in the next five years will thus be below that of the planning period 2020 to 2024 (€23.6 billion). A focus area is our investment project in Zhanjiang, China, to expand our businesses in Asia.

Projects currently being planned or underway include:

Capex: selected projects

Location

Project

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

Zhanjiang, China

Planned construction: integrated Verbund site

Capex by segment 2021–2025
Capex by segment 2021–2025 (pie chart)
Capex by region 2021–2025
Capex by region 2021–2025 (pie chart)