synthesized products. Functional Solutions In the Functional Solutions segment, the company bundles system solutions and products for specific customers and industries, in particular for the automotive and construction sectors. The company's portfolio comprises automotive and industrial catalysts, automotive and industrial coatings, concrete admixtures and building products, such as tile adhesives and architectural coatings. The Functional Solutions segment consists of the Catalysts, Construction Chemicals and Coatings divisions. These divisions develop products and system solutions, in particular for the automotive and construction industries. The Catalysts division develops and produces catalysts, which destroy pollutants in off-gas streams of vehicles. The company produces process catalysts, which increase the raw material and energy efficiency of chemical plants and refineries. The company's catalyst NaphthaMax II increases the gasoline yield of crude oil. In addition to the development and production of catalysts, the division provides base and precious metals and services in this area. Worldwide, the Construction Chemicals division offers concrete admixtures, such as concrete plasticizers, deferrers and curing agents. The company's portfolio includes tile adhesives, mortar, water-proofing and thermal-insulation, as well as, for sports and industrial flooring. Agricultural Solutions This segment offers crop protection products, which guard against fungal diseases, insects and weeds, increase quality and secure crop yields. The company's research in plant biotechnology concentrates on plants in agriculture, healthier nutrition and for use as renewable raw materials. The company's products include fungicides, insecticides, herbicides and seed treatments. The company supplies farmers in the key agricultural markets Europe, North America, Brazil, Argentina and Japan. Oil and gas This segment produces oil and gas in Germany. It focuses on exploration and production in oil and gas-rich regions of Europe, North Africa, South America, Russia and the Caspian Sea region. Together with its Russian partner Gazprom, the company engages in the trading, transport and storage of natural gas in Europe. BASF’s oil and gas activities are bundled in the Wintershall Group. Wintershall and its subsidiaries operate in the business sectors Exploration & Production and Natural Gas Trading. Significant Events On April 10, 2009, BASF SE and Monsanto Co. announced a new joint-licensing agreement to accelerate the development of the next-generation of dicamba-based weed control chemistry products. ReVolt Technology AS announced a joint-development agreement with BASF for the development and commercialization of ReVolt's rechargeable zinc-air battery system. Under the agreement, BASF would use its material scientists, as well as its know-how in the area of electrochemistry to further advance the technology. In September 2009, Masdar and BASF announced a strategic partnership for collaboration on the construction of Masdar City. BASF SE would supply construction materials and system solutions to the Masdar City. On December 18, 2009, Biovator AB and BASF SE have signed a collaboration agreement for final development of In Vitro test systems capable of identifying the potential of chemical compounds to induce allergic reaction in humans. On January 15, 2010, BASF SE and Linde-KCA-Dresden GmbH are joining forces to design and construct plants to capture carbon dioxide (CO2) from flue gas. Under the agreement, BASF would be responsible for the chemical processes for capturing CO2, and Linde subsidiary Linde-KCA-Dresden GmbH (LKCA) would provide engineering and design, as well as construction of the facilities. On September 22, 2010, BASF SE and Solix Biofuels Inc. announced that they have signed an agreement to investigate the use of algae to produce certain chemicals for BASF. Solix is a developer of algae cultivation technology systems and would test multiple algae species in its proprietary growth system, AGS, for BASF. BASF SE and SAIB would present their joint project to develop a lightweight
basf se-spon adr
(BASFY:OTC Markets Group Inc - International Premier QX)
Ludwigshafen am Rhein, 67056
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