Factbook

Factbook

Industrial Solutions

The Industrial Solutions segment consists of the Dispersions & Resins and the Performance Chemicals divisions. It develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, electronic materials and antioxidants. We aim to grow organically in key industries such as automotive, plastics, paints and coatings, electronics, and energy and resources. We want to expand our position by leveraging our comprehensive industry expertise and application know-how.

Divisions

Dispersions & Resins
Raw materials used to formulate products in the coatings, construction, paper, printing and packaging, adhesives and electronics industries
Performance Chemicals
Customized products for various customer industries such as chemicals, plastics, consumer goods, energy and resources, as well as automotive and transportation

A new material for electric mobility

With its new Licity® anode binder product range for lithium-ion battery manufacture, BASF is paving the way for electric mobility. Licity® anode binders are materials that improve battery performance, enabling a higher capacity, an increased number of charge and discharge cycles and reduced charging times. This is a new binder technology that pushes the capabilities of lithium-ion batteries, thus supporting the wider adoption of electric vehicles. BASF aims to achieve net sales of more than €30 million in 2027 with this product.

For more information on Licity®, see basf.com/licity

Sales 2023

Factors influencing sales

EBITDA before special items

Segment data Industrial Solutions

Million € 2023 2022 2021 2020 2019
Sales to third parties 8,010 9,992 8,876 7,644 8,389
Share of total BASF sales (%) 11.6 11.4 11.3 12.9 14.1
of which Dispersions & Resins 4,921 6,019 5,681 4,869 5,178
      Performance Chemicals 3,088 3,973 3,195 2,775 3,211
Income from operations before depreciation, amortization and special items 965 1,437 1,343 1,189 1,249
EBITDA margin before special items (%) 12.0 14.4 15.1 15.6 14.9
Income from operations before depreciation and amortization (EBITDA) 1,010 1,443 1,344 1,099 1,327
EBITDA margin (%) 12.6 14.4 15.1 14.4 15.8
Income from operations (EBIT) before special items 625 1,091 1,006 822 820
Income from operations (EBIT) 660 1,097 965 630 889
Segment cash flow 1,292 852
Return on capital employed (ROCE) (%) 11.0 16.0 15.2 9.3 12.5
Last UpdateMay 27, 2024