Chemistry for a sustainable future
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BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture
With today’s presentation of its corporate strategy, BASF is setting a new direction: “Our ambition is to be the preferred chemical company to enable our customers’ green transformation,” says Dr. Markus Kamieth, BASF’s Chairman of the Board of Executive Directors, during his keynote at the Capital Markets Day in Ludwigshafen: “The strong and broad portfolio of chemical businesses at our core is what makes BASF most relevant to customers globally, across a wide variety of industries. Our standalone businesses serve distinct industries and are less connected to our integrated value chains. Going forward, we will unlock the value of these businesses.”
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions
Ludwigshafen – September 26, 2024 – BASF is setting a new direction with its corporate strategy and has defined financial targets for 2025 to 2028 and updated its dividend policy accordingly.