Corporate & Managerial Responsibility : Basf

Introduction BASF SE is the largest diversified chemical attach to in the earthly concern and is headquartered in Ludwigshafen, Germany. The company was established in 1865 and was originally know as Badische Anilin-und washing soda-Fabrik (Translated in slope as: Baden Aniline and Soda Factory). As of today, the name, BASF is a registered mark and the company is listed on the capital of Kentucky occupation Exchange, London Stock Exchange, and Zurich Stock Exchange with everyplace 400,000 shareholders. The institutional shareholding comprises 15% from join States and Canada, 11% from Germany, 12% from United Kingdom and Ireland and 17% from the lie of Europe. Almost 26% is held by private investors, most of whom lodge in Germany and of whom some 6% reside in the great Ludwigshafen area. (BASF, 2012) The BASF Group has subsidiaries in the palm of Chemicals, Plastics, Performance Products, Functional Solutions, hoidenish Solutions and Oil and Gas in more than 80 co untries and operates sestet interconnected performance sites and 370 other production sites in Europe, Asia, Australia, Americas and Africa. BASF has customers in over 200 countries, supplies products to a wide variety of industries employing nearly 111,000 people, and in 2011 posted sales of €73.5 billion and income before exceptional items of approximately €8.4 billion (BASF, 2012). BASF has 6 major operations sites cognise as Verbund in Ludwigshafen (Germany), Antwerp (Belgium), Freeport, Texas (USA), Geismar, lah (USA), Kuantan (Malaysia), Nanjing (China) that operate as integrated chemical complexes producing various chemicals interlinked in terms of production processes (BASF, 2012). The company has a strong Asia offset focus promoting its products in the comminuted markets of China and India where it has huge production facilities. As part of its growing strategy, BASF divested its entire stake in the consumer product segment so as to focus totally on ch emical manufacturing, which the company cons! iders its core...If you want to get a full essay, order it on our website: BestEssayCheap.com

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