BASF Report 2022

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 €6.3 billion for the BASF Group in 2023. For the period from 2023 to 2027, we have planned capital expenditures totaling €28.8 billion, including €13.6 billion for our major growth projects – the new Verbund site in Zhanjiang, China, and the expansion of the battery materials business. The investment volume in the next five years will thus be above that of the planning period 2022 to 2026 (€25.6 billion).

Projects currently being planned or underway include:

Capex: selected projects



Chalampé, France

Construction of a production plant for hexamethylenediamine

Geismar, Louisiana

Capacity expansion at MDI plant

Ludwigshafen, Germany

Modernization of chloroformates and acid chlorides production

Schwarzheide, Germany

Construction of a production plant for battery materials

Zhanjiang, China

Construction of an integrated Verbund site

Capex by segment 2023–2027

Capex by segment 2023–2027 (pie chart)

Capex by region 2023–2027

Capex by region 2023–2027 (pie chart)
In the BASF Verbund, plants are intelligently connected. In this system, chemical processes consume less energy, produce higher product yields and conserve resources. The by-products of one plant serve as feedstock elsewhere, creating efficient value chains\_– from basic chemicals to high value-added solutions such as coatings or crop protection products. Our Verbund concept – realized in production, technologies, the market and digitalization – enables innovative solutions for a sustainable future.

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