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- Title
Bilanz BASF 2023: Mehr herstellen mit weniger Leuten.
- Authors
Bulmahn, Maren
- Abstract
The chemical company BASF experienced a decrease in sales of approximately 20 percent in 2023. In order to save costs, the company has launched a new cost-saving program and introduced a supercomputer for research and development. BASF plans to save an additional 1 billion euros annually by the end of 2026. Despite the decrease in sales, the company employed 111,991 employees in 2023. BASF collaborates with various partners, including universities and institutes, to conduct application-oriented research and development. The supercomputer is used for simulations and the identification of effective and environmentally friendly compounds. BASF expects a growth of 2.2 percent in global industrial production and a 2.7 percent increase in chemical production for the current year. The company plans to reduce its CO2 emissions through emission reduction measures.
- Subjects
BASF SE; CARBON dioxide mitigation; GREENHOUSE gas mitigation; SUPERCOMPUTERS; EMPLOYEE savings plans; RESEARCH &; development; PRODUCTION increases
- Publication
Nachrichten aus der Chemie, 2024, Vol 72, Issue 4, p38
- ISSN
1439-9598
- Publication type
Article
- DOI
10.1002/nadc.20244140727