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Topics on this page:
Segments
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Regions
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Corporate Divisions
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Corporate Departments
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Competence Centers
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Management Structures for Sustainability
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Corporate Legal Structure
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Stucture and Organization of BASF Group |
- Divisions, which are combined into segments, manage our global and regional business units.
- Regional divisions optimize the infrastructure and support operations.
- Corporate divisions, departments and competence centers perform Group-wide services.
In 2007, BASF’s 14 operating divisions were aggregated into five segments. The divisions carry the operational responsibility and manage our 67 global and regional business units. As profit centers, the business units are responsible for business operations and are organized along business or product lines. We restructured our segments to mirror similar products, customers and production processes as of January 1, 2008. As a result, investors are better able to assess BASF because we are combining similar businesses in each of our segments and we can align our portfolio with the acquisitions, divestitures and restructuring of the past years.
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Our regional divisions contribute to the local development of BASF’s business and help to exploit market potential. These divisions are also responsible for optimizing the regional infrastructure. For reporting purposes, the divisions are grouped into the following four regions: Europe; North America; Asia Pacific; and South America, Africa, Middle East.
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Segments
- Chemicals
- Plastics
- Performance Products
- Agricultural Products & Nutrition
- Oil & Gas
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Regions
- Europe
- North America
- Asia Pacific
- South America, Africa, Middle East
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Corporate Divisions
- Finance
- Legal, Taxes & Insurance
- Strategic Planning & Controlling
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Corporate Departments
- Communications BASF Group
- Corporate Audit
- Corporate Controlling
- Corporate & Governmental Relations
- Global HR - Executive Management & Development
- Investor Relations
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Competence Centers
- BASF Plant Science
- Chemicals Research & Engineering
- Environment, Health & Safety
- Global Procurement & Logistics
- Human Resources
- Information Services
- Polymer Research
- Science Relations and Innovation Management
- Specialty Chemicals Research
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Management Structures for Sustainability
Our Sustainability Council ensures that the BASF Group is strategically aligned with the principles of sustainable development. The Council, chaired by Board member Dr. Harald Schwager, comprises nine supervisors of operating and regional divisions.
The Sustainability Council is supported by regional networks in Asia, North and South America as well as Europe in order to implement developed strategies worldwide. The worldwide Responsible Care network supports and advises the Sustainability Council in all questions regarding environment, safety and health. Our Sustainability Center acts as a nerve center for the Sustainability Council, the regional Steering Committees, project teams and specialist units.
BASF is the first company to appoint an environmental protection officer who coordinates all climate protection activities of BASF.
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Corporate Legal Structure
In January 2008, BASF Aktiengesellschaft changed its legal form with its entry in the commercial register. BASF is now a European Company, a Societas Europaea (SE).
BASF SE, headquartered in Ludwigshafen, Germany, takes the central role as the largest operating company in the BASF Group. Directly or indirectly, it holds the shares in the companies that belong to the BASF Group. All of BASF SE’s shares are available for public trading on stock exchanges.
The majority of BASF Group companies cover a broad spectrum of the businesses of our operating divisions. Some companies concentrate on specific areas such as the Coatings division or the Oil & Gas segment. The BASF Group Consolidated Financial Statements include BASF SE and 278 consolidated subsidiaries. We consolidate 18 joint ventures with one or more partners on a proportional basis. Additionally, we include four joint ventures and six associated companies in which we have a 20% to 50% interest, as well as 10 more companies in the financial result using the equity method. Furthermore, we have a stake in numerous smaller companies that are not material to BASF’s operations, either individually or in the aggregate.
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