Industrial Solutions Q2 2021 Sales in the Industrial Solutions segment were considerably higher than in the prior-year quarter, particularly in the Dispersions & Pigments division. (XLSX:) XLS Factors influencing sales in Q2 2021 – Industrial Solutions Industrial Solutions Dispersions & Pigments Performance Chemicals Volumes 26% 25% 26% Prices 9% 13% 1% Portfolio 0% 0% 0% Currencies –5% –4% –5% Sales 30% 34% 22% The sales growth was largely attributable to higher volumes in almost all businesses in both divisions. This segment’s sales volume development had been heavily impacted by the effects of the coronavirus pandemic in the prior-year quarter. Higher price levels in both divisions, mainly due to increased raw materials prices, had a positive impact on sales. Especially the Dispersions & Pigments division increased prices considerably. Sales performance was weighed down by negative currency effects, mainly relating to the U.S. dollar. Income from operations (EBIT) before special items rose considerably in both divisions compared with the second quarter of 2020. This was largely driven by the positive development of sales volumes in both divisions. EBIT in the second quarter of 2021 included special income from the sale of the global pigments business. After the completion of the sale of BASF’s global pigments business, the Dispersions & Pigments division was renamed Dispersions & Resins as of July 1, 2021. (XLSX:) XLS Segment data – Industrial Solutions (Million €) Q2 H1 2021 2020 +/– 2021 2020 +/– Sales to third parties 2,359 1,819 30% 4,467 3,917 14% of which Dispersions & Pigments 1,574 1,173 34% 2,923 2,474 18% Performance Chemicals 785 646 22% 1,544 1,443 7% Income from operations before depreciation, amortization and special items 388 280 39% 738 623 18% Income from operations before depreciation and amortization (EBITDA) 424 225 88% 767 560 37% Depreciation and amortizationa 84 92 –9% 168 187 –10% Income from operations (EBIT) 340 133 156% 599 373 61% Special items 33 –30 . 26 –63 . EBIT before special items 307 163 88% 573 436 31% Assets (June 30) 5,881 6,983 –16% 5,881 6,983 –16% Investments including acquisitionsb 70 68 3% 132 135 –2% Research and development expenses 46 43 7% 90 88 2% a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments) b Additions to property, plant and equipment and intangible assets back next