BASF Report 2023

Segment Profile

The Chemicals segment consists of the Petrochemicals and Intermediates divisions. It supplies the other segments with basic chemicals and intermediates, contributing to the organic growth of our key value chains as well as to our direct customer business. Alongside internal transfers, our customers mainly come from the chemical and plastics industries. We aim to further expand our competitiveness through technological leadership and operational excellence.

CO2 reduction in the cement industry

With over 50 years of expertise in gas treatment, BASF is opening up new markets and making important contributions to reducing CO2 emissions. For example, a cement production facility at Heidelberg Materials will be the first to use a large-scale CO2 capture plant in which a process based on OASE® blue, jointly developed by BASF, Linde and Heidelberg Materials, will be used. From 2025, around 70,000 metric tons of CO2 per year will be captured, purified and liquefied in this first plant of its kind for capturing and recycling CO2 in cement production at the Lengfurt site in Bavaria. As cement production is associated with considerable CO2 emissions, we and our partners are making an important contribution to reducing emissions. The use of the special OASE®-based process is open to all companies in the cement industry.

Sales

€10,369 million

2022: €14,895 million

Segment cash flow

–€936 million

2022: €1,878 million

EBIT before special items

€361 million

2022: €1,956 million

EBITDA before special items

€1,167 million

2022: €2,774 million

Divisions, products, applications

 

Products

Customer industries and applications

Petrochemicals

Ethylene, propylene, butadiene, benzene, alcohols, solvents, plasticizers, alkylene oxides, glycols, acrylic monomers, styrene and polystyrene, styrenic foams, superabsorbents

Chemical, plastics, construction, detergent, hygiene, automotive, packaging and textile industries; production of paints, coatings, cosmetics and oilfield as well as paper chemicals

Use in the BASF Verbund

Intermediates

Basic products: butanediol and derivatives, alkylamines and alkanolamines, neopentyl glycol, formic and propionic acid

Specialities: specialty amines such as tertiary butylamine and polyetheramine, gas treatment chemicals, vinyl monomers, acid chlorides, chloroformates, chiral intermediates

Chemical, plastics, coatings, construction, automotive, wind energy, pharmaceutical and agricultural industries; production of detergents and cleaners, textile fibers, cosmetics, oilfield and paper chemicals

Use in the BASF Verbund

Production capacities of selected products in the regionsa

Product

Europe

North America

Asia Pacific

South America, Africa, Middle East

Annual capacity (metric tons)

Acrylic acid

1,510,000

Alkylamines

 

250,000

Formic acid

 

305,000

Benzene

 

910,000

Butadiene

 

680,000

Butanediol equivalents

 

550,000

Ethanolamines and derivatives

 

 

440,000

Ethylene

 

3,480,000

Ethylene oxide

 

1,655,000

Neopentyl glycol

 

255,000

Oxo-C4 alcohols (calculated as butyraldehyde)

 

1,625,000

PolyTHF®

 

350,000

Propionic acid

 

 

220,000

Propylene

 

2,680,000

Styropor® / Neopor®

 

 

545,000

Superabsorbents

585,000

Plasticizers

 

 

595,000

a

All capacities are included at 100%, including plants belonging to joint operations and joint ventures.

Value chain
A value chain describes the successive steps in a production process: from raw materials through various intermediate steps, such as transportation and production, to the finished product.

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