Basf Se · XETR:BAS

Basf — Investor Day (September 2024)

18 slides from Basf's investor day presentation, Sep 27, 2024

  1. Slide 1: Chemicals

    Chemicals Dr. Stephan Kothrade Member of the Board of Executive Directors BASF Capital Markets Day, September 2024

  2. Slide 2: Cautionary note regarding forward-looking statements

    Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the fu

  3. Slide 3: We are a leading global player in petrochemicals and intermediates

    Chemicals We are a leading global player in petrochemicals and intermediates €10.4 billion sales in 2023 (share of industries1 in %) Chemicals and plastics Consumer goods Construction Nutrition and health Energy and resources 74% 11% 5% 1% 1% Deep Verbund integration in all regions provides us with

  4. Slide 4: The Chemicals segment holds leading market and cost positions in key value chains

    The Chemicals segment holds leading market and cost positions in key value chains Petrochemicals Intermediates Styrenics, alkylene Butanediol Acids oxides and glycols Acrylics Superabsorbents Amines and its derivatives and polyalcohols 13%1 10%1 7%1 12%1 7%1 6%1 Our key products are in leading marke

  5. Slide 5: Strong earnings contribution over the cycle

    Strong earnings contribution over the cycle 2019 – 2023 Sales1 EBITDA bsi Strong performance Billion € Billion € €2.2 billion during pandemic years … 16.0 4.0 Ø EBITDA bsi p.a. High durable 12.0 3.0 19% goods demand Ø EBITDA bsi margin High asset availability 8.0 2.0 (32% including 65% Zhanjiang Ver

  6. Slide 6: We expand our presence in growth markets by building on cost and sustainability leadership

    We expand our presence in growth markets by building on cost and sustainability leadership … will allow us to accelerate value Our diligent efforts in 2019 – 2023 … … creation in 2024 – 2028  Stringent execution of Zhanjiang Verbund site investment ~+150% Launch of Zhanjiang Verbund site project 

  7. Slide 7: Our strategic priorities for 2024 – 2028 will drive value creation for BASF Group

    Our strategic priorities for 2024 – 2028 will drive value creation for BASF Group Successful startup of Maintain leading cost Grow with value-based Focus on capex Zhanjiang Verbund site positions green transformation discipline Drive further profitable Safeguard cost leadership in Leverage our Verbu

  8. Slide 8: Customers benefit from our strong global production footprint with 90% of plants integrated into Verbund sites

    1 Customers benefit from our strong global production footprint with 90% of plants integrated into Verbund sites Jilin Antwerp Korla Nanjing Cornwall Ulsan Meaux Ludwigshafen Pasadena Tarragona Freeport Maoming Yeosu Geismar Caojing Rayong Port Arthur Zhanjiang Intermediates division Amines Kuantan

  9. Slide 9: We invest in Asia to capture growth in the largest and fastest growing chemical market

    1 We invest in Asia to capture growth in the largest and fastest growing chemical market 2023 2028 including the Zhanjiang Verbund site 5% 7% 3% 7% 12% 20% 12% 27% 14% 13% 45% 51% 66% 69% 32% 18% Sales of the Chemicals Chemical production Sales of the Chemicals Chemical production segment by region¹

  10. Slide 10: BASF's new Verbund site will accelerate our growth in the largest chemical market

    1 BASF’s new Verbund site will accelerate our growth in the largest chemical market and become a major cash and earnings contributor About the new Verbund site in Zhanjiang  Most advanced Verbund site with cutting-edge technologies and powered by 100% renewable energy at competitive cost  Construc

  11. Slide 11: BASF's Verbund site in Nanjing is a prime example of our success in China

    1 BASF’s Verbund site in Nanjing is a prime example of our success in China and is one of our most profitable sites worldwide  BASF-YPC is a 50:50 joint venture with Sinopec started up in 2005  Major expansions in 2011, 2014 and 2023 toward longer and more diversified value chains  Third-largest

  12. Slide 12: We secure our leading cost positions through operational excellence and continuous process improvements

    2 We secure our leading cost positions through operational excellence and continuous process improvements Financial benefits of operational excellence measures Million € Fixed costs ~100 ~550 Additional capacity Variable costs  Operational excellence is part of our DNA  Constant financial benefits

  13. Slide 13: We differentiate based on our leading cost position: Acrylic acid

    2 We differentiate based on our leading cost position: Acrylic acid Acrylic acid cash cost curve Average estimated cash costs 2023, volume in kt, cost in $/t United States EU China with simulated new Verbund site Cash costs BASF in the U.S. BASF in the EU Verbund site New Production capacity Product

  14. Slide 14: Highly efficient Verbund puts BASF in a unique position to unlock profitable business with the green transformation

    3 Highly efficient Verbund puts BASF in a unique position to unlock profitable business with the green transformation of our customers We have the capabilities to ZeroPCF products offer a wide range of products Propionic Acid with a clear sustainability ZeroPCF LowPCF products  Use of by-products a

  15. Slide 15: Profitable growth with BASF OASE carbon capture technology

    3 Profitable growth with BASF OASE® carbon capture technology BASF enables carbon capture and storage (CCS) and Contribution margin to double within the carbon capture and utilization (CCU) technologies next 4 years  Removes up to 99% of CO2 Indexed from gas streams with >100% amines formulations 

  16. Slide 16: Strict focus on capex discipline

    4 Strict focus on capex discipline Development of capex, IT projects and intangibles in the Chemicals segment 2019 – 2028  In line with BASF’s capex forecast, capex will peak in Million € 2024 and 2025  Following the startup of the new Verbund site in Zhanjiang, the Chemicals segment will bring do

  17. Slide 17: We are accelerating value creation in Chemicals

    We are accelerating value creation in Chemicals 1 Successful startup of Zhanjiang Verbund site to drive further growth ~+150% 2 Targeted EBITDA bsi increase of Maintain leading cost positions €1.5 billion – €2.1 billion 3 Grow with value-based green transformation by 2028 (+21% CAGR) 4 Focus on cape

  18. Slide 18: BASF - We create chemistry

    O- BASF We create chemistry

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