BASF Report 2024

Capital Expenditures (Capex)

The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate limited assurance by our auditor.

The content of this section is voluntary, unaudited information, which was critically read by the auditor.

In 2025, the BASF Group is planning capital expenditures of around €5.0 billion (additions to property, plant and equipment excluding acquisitions, IT investments, restoration obligations and right-of-use assets arising from leases). For the four-year period from 2025 to 2028, we are planning capital expenditures totaling €16.2 billion, including around €3.0 billion for the new Verbund site in China. The investment volume in the next four years will thus be considerably below that of the planning period 2024 to 2027 (€19.5 billion).

Projects currently being planned or underway include:

Capex: selected projects

Location

Project

Geismar, Louisiana

Capacity expansion at MDI plants

Ludwigshafen, Germany

Modernization of chloroformates and acid chlorides plant

Zhanjiang, China

Construction of an integrated Verbund site

Capex by segment 2025–2028

Capex by segment 2025–2028 (pie chart)

Capex by region 2025–2028

Capex by region 2025–2028 (pie chart)

This content fulfills the Disclosure Requirements of the European Sustainability Reporting Standards (ESRS). The  ESRS Index gives an overview of the references to the ESRSs in this report.

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