BASF SE in Automotive Plastic Additives

BASF SE has six business segments chemicals, performance materials, functional materials, agricultural solutions, oil & gas and others. In 2016 chemicals contributed 23%, performance materials contributed 26%, performance materials contributed 33%, functional materials contributed 10%, agricultural solutions contributed 10%, oil & gas contributed 5% and others contributed 3% of the total revenue. In additives, BASF SE offers anti-dust, anti-scratch, light stabilizers, and thermal stabilizers. In 2016, the company received the Automotive Innovations Award in the category chassis, body and exterior for designing world’s first top mount with bearing and housing made of plastic.