BASF Report 2023

Segment Profile

The Surface Technologies segment comprises the Catalysts and Coatings divisions, which offer chemical solutions for surfaces. Its portfolio serves industries such as the automotive and chemical sectors and includes automotive OEM and refinish coatings, surface treatment, catalysts, battery materials and precious and base metal services. We improve our customers’ applications and processes with tailored products, technologies and solutions, and support them through geographical proximity across all regions. The aim is to drive BASF’s growth by leveraging our portfolio of technologies and expanding our position as a leading and innovative provider of battery materials and surface coatings solutions.

An innovative surface film for aviation

With NovaFlex Sharkskin, BASF has developed a surface film that mimics the fine structure of a shark’s skin. The film optimizes the aerodynamics on flow-related parts of the aircraft, meaning that less fuel is needed and CO2 emissions are reduced. Applying NovaFlex SharkSkin film to a Boeing 777–300 reduces the aerodynamic drag by more than 1%, saving 1,250 metric tons of CO2 per aircraft per year. Using the technology at its highest expansion level could reduce CO2 emissions by as much as 3%.

Sales

€16,204 million

2022: €21,283 million

Segment cash flow

€1,488 million

2022: €61 million

EBIT before special items

€938 million

2022: €902 million

EBITDA before special items

€1,520 million

2022: 1,464 million

Divisions, products, applications

 

Products

Customer industries and applications

Catalysts

Automotive catalysts, indoor air quality catalysts, process catalysts and technologies, battery materials, precious and base metal services and recycling

Automotive, chemical and pharmaceutical industries, refineries, battery manufacturers

Solutions for the protection of air quality as well as the production of fuels, chemical and plastics as well as battery materials and battery material recycling

Coatings

Coatings solutions for automotive applications, technology and system solutions for surface treatments, decorative paints

Automotive industry, body shops, steel industry, aviation, aluminum applications in the architecture and construction industries, household appliances, painting businesses and private consumers

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