Current CEO: Kurt Bock
Founded by Friedrich Engelhorn in Germany, BASF SE initially made dyes from tar which accounted for 80 percent of production in 1901. They were used in a myriad of products including soda and acids. The company was first called Badische Anilin-und Soda-Fabrik (BASF). Translated into English, this means “Baden Aniline and Soda Factory.”
On May 31, 2010, Kurt Bock became the CEO of the chemical company with sales of $17.7 billion and more than 110,000 employees. Headquartered in Germany, BASF is the largest chemical company with joint ventures and subsidiaries in more than 81 countries, operations at six consolidated production sites and 390 additional production plants in Australia, Asia, Europe, Africa and the Americas. BASF supplies a vast conglomeration of industries with products and services.
Since the year 2000, companies such as BASF have become more influential in the formation and expansion of global markets, site systems and corporate strategies. Along its journey, BASF has been involved in the making of many chemicals and substances used in a broad number of products:
- Engineering Plastics as polyethersulfone (PES), Ultrason, polysulfone (PSU), Ultramid polyamide (PA), nylon-based resins, Ultradur, polybutylene terephthalate (PBT), and Ultraform, polyacetal (POM)
- Polyurethanes (insulation for appliances, construction, packaging, transportation and furniture)
- Foams (insulating materials)
- Styrenics (copolymers and foams for vehicle components, electronics, building and construction)
- Biodegradable Plastics (Ecoflex and Ecovio)
- Polyamides and Intermediates (polyamide polymers as well as precursors and polyamide 6)
Clearly, BASF careers can be developed in numerous positions in the company from help desks to senior management. Furthermore, understanding and adhering to the guidelines outlined in BASF’s Vision and Values are crucial; they are the foundation of all company decisions and activities.
People working at BASF are pleased to be a part of a company that is successful and well esteemed in the communities that it serves. BASF employees often find ways to take the good will of the company into their neighborhoods by setting a good example and by supporting the people in their local events and causes.
The BASF culture is one of moderate work pressure. Employees report BASF as a great company in which to work. They described working with the diverse ages and mix of people as interesting and delightful.
BASF benefits include an extensive package of benefits: medical, pharmaceutical, dental, vision, life insurance, tuition reimbursement, a scholarship program, flexible work/life balance plus many other perks and opportunities for qualified employees.