BASF Report 2023

Segment Profile

In the Agricultural Solutions segment, we aim to further strengthen our market position as an integrated solutions provider. Our offer comprises seeds, traits and seed treatment products and biological and chemical crop protection solutions, complemented by digital farming products to help farmers achieve a better yield. Our strategy is based on innovation-driven organic growth and targeted portfolio expansion through acquisitions and collaborations. Customer needs, societal expectations and reducing environmental impacts are what motivate us to innovate.

Virus-resistant tomato seed varieties for less food loss

Tomato brown rugose fruit virus (ToBRFV) is an aggressive and persistent plant virus that causes severe crop losses in tomatoes worldwide. After discovering the virus, BASF quickly identified genetic sources of resistance and applied state-of-the-art breeding methods to be able to offer resistant and competitive varieties. The first resistant tomato varieties were made available under the Nunhems® brand in 2020 and BASF has since expanded the range to more than 20 varieties for different markets and consumer preferences. Using these resistant varieties in combination with appropriate hygiene protocols offers a solution that benefits both growers and the food supply chain.

Sales

€10,092 million

2022: €10,280 million

Segment cash flow

€1,746 million

2022: €179 million

EBIT before special items

€1,563 million

2022: €1,220 million

EBITDA before special items

€2,270 million

2022: 1,928 million

Products and applications

Indications and sectors

Applications

Selected products

Fungicides

Protecting crops against harmful fungal diseases; improving plant health, securing yield and harvest quality with chemical and biological solutions

Boscalid, dimethomorph, F 500®, Initium®, metiram, metrafenone, Revysol®, Serifel®, Xemium®

Herbicides

Reducing competition from weeds for nutrients, water and sunlight to secure yield and harvest quality

Dicamba, dimethenamid-p, glufosinate, imazamox, Kixor®, Luximo®, pendimethalin, Tirexor®, topramezone

Insecticides

Combating insect pests in agriculture and beyond with chemical and biological solutions, such as in the areas of public health, professional pest control and landscape maintenance

Alpha-cypermethrin, Axalion®, Broflanilide, chlorfenapyr, fipronil, Inscalis®, Interceptor®, Nealta®, teflubenzuron, Termidor®

Seed Treatment

Improving seeds’ potential with chemical and biological protection as well as inoculants

ILEVO®, Integral® Pro, Poncho Votivo®, Relenya®, Sepiret®, Systiva®, Teraxxa™, Vault® HP

Seeds & Traits

Seeds & Traits for key field crops such as canola (oilseed rape), cotton, soybean and wheat, as well as vegetable seeds

Credenz®, FiberMax®, InVigor®, LibertyLink®, Nunhems®, Stoneville®

Traits
Traits are commercial plant characteristics, such as an inherent resistance to certain herbicides or an inherent defense against certain insects.

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