BASF Report 2023

Segment Profile

The Materials segment comprises the Performance Materials and Monomers divisions. The segment’s portfolio includes advanced materials and their precursors for new applications and systems such as isocyanates, polyamides and inorganic basic products as well as specialties for plastics and plastics processing industries. We differentiate ourselves through specific technology expertise, industry knowledge and customer proximity, and want to create maximum value in the isocyanate and polyamide value chains.

Crash absorber made from alternative raw materials

Together with Mercedes-Benz AG, we have developed the crash absorber for the Mercedes-Benz S-Class, a safety-relevant part, which combines alternative raw materials using the mass balance approach. Pyrolysis oil from used tires and biomethane from agricultural waste replace fossil raw materials is used here, without compromising on quality for our customers. We want to continue to drive forward circular solutions in the automotive industry and support our customers in achieving their sustainability goals. The Performance Materials division is aiming to increase the proportion of plastics based on alternative raw materials in its global sales to 20% by 2030.

Ultramid® B3WG6 BC64 is used for the crash absorber for the Mercedes-Benz S-Class

Sales

€14,149 million

2022: €18,443 million

Segment cash flow

€1,369 million

2022: €2,363 million

EBIT before special items

€826 million

2022: €1,840 million

EBITDA before special items

€1,650 million

2022: €2,686 million

Divisions, products, applications

 

Products

Customer industries and applications

Performance Materials

Engineering plastics, polyurethane systems, thermoplastic polyurethane, foam specialties, biodegradable plastics

Transportation (including automotive, e-mobility), industrial (including electric and electronics), consumer goods (including footwear, sports and leisure, household appliances and furniture, medical devices), construction (including thermal insulation)

Monomers

Isocyanates (MDI, TDI), ammonia, caprolactam, adipic acid, chlorine, urea, glues and impregnating resins, caustic soda, polyamides 6 and 6.6, standard alcoholates, sulfuric and nitric acid

Plastics, woodworking, furniture, packaging, textile, construction and automotive as well as other industries

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)

Ammonia

 

 

1,370,000

Chlorine

 

 

 

595,000

Urea

 

 

 

545,000

Isocyanates

 

2,400,000

Polyamides 6 and 6.6

 

885,000

Polyamide precursors

 

1,220,000

Propylene oxide

 

 

 

675,000

Sulfuric acid

 

 

 

920,000

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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