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BASF AG
| Headquarters location: Carl-Bosch St. 38 67056 Ludwigshafen |  | Tel. 49-621-60-0 Job offers, investor relations: www.basf.com Stock:  |
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« ETHICAL » RATING OF BASF
, group
and subsidiaries
[ ?] |
| Job: 10% of company's jobs cut since 1998 |
| Delinquency: 6 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 1 offshore financial center(s) |
| Sales: more than 53 billion(s) dollars/euros in annual sales |
| Net profit: more than 20 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 422 times the median income in the United States (32000 US$/year) |
| Influence: 7 act(s) of direct corruption or lobbying |
| Advertising & marketing: 2 dubious practice(s) |
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Relevance: business & market share |
World locations & Manufacturing |
year name | photo position; compensation source |
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year | employees <> | social impact : country source |
| 2007 | -3000 | Internal restructuring: Will cut the jobs at its headquarters in Ludwigshafen by the end of 2007. It is determined to achieve the planned workforce reduction merely via natural fluctuation. The planned job cuts are part of major cost reduction efforts at BASF, which aims to reduce overall costs at the headquarters by 450m euros by mid-2005. : Germany |  |
| 2006 | -2000 | Merger/Acquisition: BASF reorganizes its Engelhard and Degussa subsidiaries in Asia and North America: |  |
| 2005 | -77 | Closure/Bankruptcy: Basf shuts down its vitamin C plant at Grenaa.: Denmark |  |
| 2004 | -180 | | AP  |
| 2004 | -500 | | AP  |
| 2003 | 87159 | |  |
| 2002 | 89389 | |  |
| 2001 | 92545 | |  |
| 1999 | 104628 | |  |
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year | purpose : intermediary/lobby : institution source |
| 2005 | 235 salariés de BASF exercent un mandat politique. : : vie publique allemande translate | Les Echos  |
| 2004 | Prevent binding environmental regulations (environmental protection through economic growth, self-regulation and free trade) : WBCSD (World Business Council for Sustainable Development) : : United Nations translate | WBCSD  |
| 2001 | Access to foreign market (through MAI, WTO, GATS), prevent binding environmental regulations : USCIB (US Council For International Business) : : US Government translate | USCIB  |
| 2000 | Market access (through WTO), cheaper energy (through energy liberalization in Europe); uniform rules to enable the patenting of plants and animals (through TRIPS); prevent advert legislation on chemicals, self-regulation instead; : CEFIC (European Chemical Industry Council) : : European Commission translate | Corporate .  |
| 1999 | Market admission for genetically modified organisms : EuropaBio : : European Commission translate | Corporate .  |
| 1999 | Deregulation and "maximum liberalization" through WTO, GATS : TABD (Transatlantic Business Dialogue) : : US Government / European Commission translate | Corporate .  |
| 1997 | Legislation favorable to company's interests : Direct donation : amount: 1471 thousand US$ : US President, Congress, Senate translate | Center for.  |
| 1997 | Legislation favorable to company's interests : Direct donation : amount: 52 thousand US$ : US President, Congress, Senate translate | Center for.  |
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year | financial misdemeanor | sales | income | | buyback | source |
| 2007 |
The laboratories Roche, BASF and Aventis were fined 8,5 million dollars in Brazil. They were accused of having formed a cartel, price agreements, market sharing and unfair competition on the market of vitamins. During second half of the Nineties, these three companies would have restricted the offer and increased the prices of the vitamins A, B2, B5 and C They would have also prevented the entry on the market of less expensive Chinese vitamins. |
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| 2006 |
| 52.61 | 3.21 | |   | billion Eu€ |  |
| 2006 |
Roche Holdings AG, BASF AG and Aventis will pay 30.5 mln usd to settle an Australian class action alleging they organised a cartel to fix the price of vitamins. The applicants in the class action, many of whom were farmers, alleged that as a result of the cartel they lost market share or paid inflated prices. |
| | | |   | | AFX  |
| 2005 |
| 42.75 | 3.01 | |   | billion Eu€ |  |
| 2005 |
Pratiques anti-concurrentielles entre 1995 et 2000. Accusé par la Commission européenne d'entente sur le prix, d'échange d'informations commerciales, de partage de marché du méthacrylates, des composés thermoplastiques utilisés pour fabriquer des verres de sécurité et des plastiques transparents. |
| | | |   | | Les Echos  |
| 2004 |
| 37.54 | 2 | |   | billion Eu€ |  |
| 2004 |
Amende de 35 millions d'euros infligée par la Commission Européenne pour un cartel sur de la vitamine B-4 |
| | | |   | | Reuters  |
| 2003 |
| 33.36 | 0.91 | |   | billion Eu€ |  |
| 2002 |
| 32.22 | 1.5 | |   | billion Eu€ |  |
| 2002 |
Market-sharing and price-fixing cartels affecting vitamin products in Europe: 296,16 million euros fine. |
| | | |   | | Commission.  |
| 2001 |
| 29.21 | 5.22 | |   | billion US$ |  |
| 2000 |
72,5 million dollars fine for anti-competitive practices in Canada. |
| | | |   | | AFP  |
| 1999 |
| 31.54 | 1.24 | |   | billion US$ |  |
| 1999 |
| 31.32 | 1.24 | |   | billion Eu€ |  |
| 1998 |
| 32.44 | 1.99 | |   | billion US$ |  |
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