Basf (OTCMKTS:BASFY) is a global chemical company founded in 1865 and headquartered in Ludwigshafen, Germany. It operates through four primary segments: Chemicals, Materials, Industrial Solutions, and Surface Technologies, while also providing functional solutions and agricultural products. Originally established to produce dyes for the textile industry, Basf has evolved into one of the world’s largest chemical producers, integrating research, production and sales under a unified organizational structure.
The company’s Chemicals segment produces petrochemicals, intermediates and monomers that underpin downstream industries. In the Materials division, Basf manufactures engineering plastics, polyurethanes and performance polymers tailored for the automotive, construction and consumer goods sectors. Its Industrial Solutions arm focuses on custom chemicals, mining chemicals and oilfield formulations. Under Surface Technologies, Basf offers catalysts, battery materials and coatings that enhance efficiency and durability in automotive and industrial applications.
In addition to its industrial offerings, Basf is a major player in the agricultural sector through its Agricultural Solutions segment. The company develops crop protection products—such as herbicides, fungicides and insecticides—as well as biological solutions and high-performance seeds. Research and development have long been central to Basf’s strategy, with multiple R&D centers worldwide dedicated to innovation in biotechnology, digital farming and sustainable chemistry.
With operations in more than 80 countries and a presence on every inhabited continent, Basf serves customers across Europe, North America, Asia-Pacific, Latin America and Africa. The company’s leadership team is headed by Chief Executive Officer Martin Brudermüller, supported by an Executive Board responsible for key regions and business units. Basf continues to pursue initiatives in circular economy, climate protection and resource efficiency, positioning itself at the forefront of sustainable chemical manufacturing.
