BASF Report 2021

Capital Expenditures (Capex)

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 €4.6 billion for the BASF Group in 2022. For the period from 2022 to 2026, we have planned capital expenditures totaling €25.6 billion, including €12.9 billion for our major growth projects. The investment volume in the next five years will thus be above that of the planning period 2021 to 2025 (€22.9 billion). Focus areas will be our investment project in Zhanjiang, China, to expand our businesses in Asia, as well as investments in battery materials.

Projects currently being planned or underway include:

Capex: selected projects



Antwerp, Belgium

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

Chalampé, France

Construction: production plant for hexamethylenediamine

Geismar, Louisiana

Capacity expansion: MDI plant

Harjavalta, Finland, and Schwarzheide, Germany

Investment: battery materials

Zhanjiang, China

Planned construction: integrated Verbund site

Capex by segment 2022–2026

Capex by segment 2022–2026 (pie chart)

Capex by region 2022–2026

Capex by region 2022–2026 (pie chart)