BASF Report 2025

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 2026, the BASF Group is planning capital expenditures of around €3.3 billion (additions to property, plant and equipment excluding acquisitions, IT investments, restoration obligations and right-of-use assets arising from leases). As planned, these will be below the level of depreciation and amortization. For the four-year period from 2026 to 2029, we are planning capital expenditures totaling €13.0 billion, including around €0.8 billion for the new Verbund site in China. The investment volume in the next four years (2026-2029) will be considerably below that of the planning period 2025 to 2028 (€16.2 billion).

Projects currently being planned or underway include:

Capex: selected projects

Location

Project

Geismar, Louisiana

Capacity expansion at MDI plants

Ludwigshafen, Germany

Construction of a new production plant for semiconductor-grade sulfuric acid

Ludwigshafen, Germany

Expansion of Neopor® production capacity

Zhanjiang, China

Construction of an integrated Verbund site

Capex by segment 2026–2029
Pie chart illustrating the distribution of capital expenditures by segment for the years 2026 to 2029. Total investments amount to 13.0 billion euros. Chemicals account for 27%, Materials 18%, Nutrition & Care 12%, Industrial Solutions 10%, Agricultural Solutions 7%, Surface Technologies 3% and Other (infrastructure, research & development) 23%.
Capex by region 2026–2029
Pie chart illustrating the regional distribution of capital expenditures for the years 2026 to 2029. Total investments amount to 13.0 billion euros. Europe accounts for 50%, Asia Pacific 20%, North America 24%, South America, Africa and the Middle East 2% and 4% is allocated to alternative sites under investigation.

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