BASF in Greater China 2021

BASF in Greater China 2021

 

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BASF in Greater China 2021

“It was an incredible year for BASF. We have achieved notable economic success while continuously fulfilling our commitments to environmental protection and society. In 2021, BASF posted record-high sales of approximately €12 billion in Greater China, achieving a dual increase in sales volume and price. We managed to reduce greenhouse gas emissions from our operations for the fifth consecutive year, despite a double-digital increase in production volume.

- Dr. Jeffrey Lou, President and Chairman Greater China, BASF

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The BASF Group
BASF Group 2021 at a glance

•  Achieved sales of €78.6 billion

•  111,047 employees worldwide

•  Around 240 production sites worldwide

•  Around 90,000 customers are at the core of our strategy

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epa07677649 (FILE) - Flags with the logo of German chemicals company BASF fly in front of a building in Ludwigshafen, Germany, 27 February 2018 (reissued 27 June 2019) Reports on 27 June 2019 state German chemicals giant BASF is to cut its global workforce by 6,000 jobs until the end of 2021. Half of the jobs will be lost in Germany, with most cuts taking place at the company headquarters in Ludwigshafen. BASF said it hopes to save some 300 million euro annually. EPA-EFE/RONALD WITTEK
The BASF Group

BASF Group at a glance

•  Achieved sales of €78.6 billion

•  111,047 employees worldwide

•  Around 240 production sites worldwide

•  Around 90,000 customers are at the core of our strategy

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Feedbackkultur Hub Berlin
Business success tomorrow means creating value for the environment, society and business. That is why we have set ourselves ambitious targets along our entire value chain. We report transparently on our target achievement so that our stakeholders can track our progress. 
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•  BASF has companies in 90 countries

•  Six Verbund sites and 232 additional production sites

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BASF is strengthening its innovation capabilities in Asia by breaking ground for the third phase of its Innovation Campus Shanghai. The expansion includes an additional research and development (R&D) building and one R&D workshop building.

•   BASF in Asia Pacific is present in 19 markets

•  Two Verbund sites with 70 production sites

•  Two major R&D sites: Innovation Campus Shanghai, Innovation Campus Mumbai

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The steam cracker II has an area of around 64,000 square meters making it the size of thirteen football fields and the biggest single plant at the site in Ludwigshafen. The cracker is also the core of the Verbund. The steam cracker II has been working since 1981. It separates naphtha basically into ethylene and propylene using 850-centigrade hot vapor. Ethylene and propylene are indispensable building blocks for the production of many products in Ludwigshafen.
Chemistry is our passion. As an industry leader, we want to be the most attractive partner for challenges that can be solved with chemistry. That is why our customers are at the center of everything we do. 
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Innovation
BASF broke ground for the third phase of its Innovation Campus Shanghai; upon its completion in early 2023, the total investment of BASF into the campus, will sum up to around €280 million.
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BASF in Greater China

•   137th year in Greater China market

•   11,070 employees

•   Greater China is currently BASF’s second largest market 

•   Posted sales of approximately €12 billion in 2021 to customers in Greater China, an increase of over 40%

•   31 production sites

•   To date, BASF has invested more than €8 billion in Greater China (more than €11 billion with partners)

•    A locally competitive production, marketing, sales, technical service and innovation network

  1. At a glance
BASF in Greater China

Business Development

•   Expanded cooperation with Sinopec

•   Formed joint venture with Shanshan serving the electric vehicles battery materials market

•   Joined the Renewable Direct Power Purchase pilot trade in China

•   Launched “Sustainability Covalence” in China to promote sustainable growth

•   Collaborating towards sustainable mobility

•   Enhanced e-commerce and digital business models

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The towers of the aromatics plant on Friesenheim Island, a part of BASF’s Ludwigshafen Verbund site, are visible in the background. This facility can supply the Verbund with up to 300,000 metric tons of benzene per year. It is one of the central Verbund plants that are directly linked to both steam crackers. The steam crackers produce a number of important basic chemical products, including in particular ethylene and propylene.
epa07677649 (FILE) - Flags with the logo of German chemicals company BASF fly in front of a building in Ludwigshafen, Germany, 27 February 2018 (reissued 27 June 2019) Reports on 27 June 2019 state German chemicals giant BASF is to cut its global workforce by 6,000 jobs until the end of 2021. Half of the jobs will be lost in Germany, with most cuts taking place at the company headquarters in Ludwigshafen. BASF said it hopes to save some 300 million euro annually. EPA-EFE/RONALD WITTEK
The BASF Group

BASF Group at a glance

•  Achieved sales of €78.6 billion

•  111,047 employees worldwide

•  Around 240 production sites worldwide

•  Around 90,000 customers are at the core of our strategy

  1. Read more
The BASF Group
BASF in Greater China

•  137th year in Greater China market

•  Greater China is currently BASF’s second largest market after the United States

•  Posted sales of approximately €12 billion in 2021 to customers in Greater China, an increase of 42% compared to 2020

•  31 production sites

•  To date, BASF has invested more than €8 billion in Greater China (more than €11 billion with partners)

•   A locally competitive production, marketing, sales, technical service and innovation network

  1. At a glance
  2. Business Development
In the residue incineration plant of BASF Schwarzheide GmbH (in the background on the left), non-recyclable waste is disposed of in an environmentally friendly manner. The plant was renewed in 2018 for €33 million. Process optimizations and an improved process for flue gas cleaning save 7 GWh of energy annually and ensure significantly reduced emission levels.
The BASF Group
BASF in the regions

•  BASF has companies in 90 countries

•  Six Verbund sites and 232 additional production sites

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Mit einem Spatenstich für die dritte Phase des BASF Innovation Campus Shanghai verstärkt BASF ihre Innovationsaktivitäten in Asien. Die Erweiterung umfasst ein zusätzliches Gebäude für Forschung und Entwicklung (F&E) sowie ein Technikumsgebäude.
The BASF Group
BASF in Asia Pacific at a glance

•  BASF in Asia Pacific is present in 19 markets

•  Two Verbund sites with 70 production sites

•  Two major R&D sites: Innovation Campus Shanghai, Innovation Campus Mumbai

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Innovation

• BASF broke ground for the third phase of its Innovation Campus Shanghai; upon its completion in early 2023, the total investment of BASF into the campus, will sum up to around €280 million

• With the establishment of Network for Asian Open Research (NAO), BASF and its partners have completed more than 100 joint research projects

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BASF in Greater China
Supplier management

•  Launched Supplier CO2 Management Program

•  Introduced a group-wide Supply Chain Policy for Conflict Minerals

•  Digitalization in site logistics operations

•  Implementation of Automated Guided Vehicles

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BASF in Greater China
Environmental Protection, Health and Safety

Energy efficiency and environmental protection

•   Greenhouse gas emissions reduced by 4.5%

•   Emissions of organic substances (COD) reduced by 26.6%

•   Waste recycling amount increased by 14%


Health and Safety

•  Process safety incident rate per 200,000 working hours: 0.03

•  Work-related lost-time injuries per 200,000 working hours: 0.02

•  Health Performance Index: 0.96

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Employees and Societal Engagement

•  11,070 employees

• Mobile-learning accounts for over 12,800 training hours

• “2021 BASF’s Family Day”

• Offering Flexible Working Arrangements

• BASF Greater China expenses for societal engagement activities in 2021 around €0.35 million

• BASF Kids’ Lab helps children explore climate change and health protection

• BASF’s first nationwide clean-up campaign contributes to cleaner coastlines and riverbanks in China

• Employee volunteers actively participating in programs caring about underprivileged communities


Prizes and Awards

• “Best Corporate Citizenship” award

• “Outstanding Responsible Enterprise”

• “Sustainable Business Award”

• China’s Top Employer 2022

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