Third-quarter results significantly above previous year:
- Sales €15.8 billion, EBIT before special items €2.2 billion, EBIT €2.15 billionExpectations for full year 2010:

- Sales approximately €63 billion and EBIT before special items more than €8 billionOutlook:

- Stable business development in coming months Uncertainties in general economic development due to winding down of national stimulus programs, high levels of national debt in many countries, volatile raw material and foreign exchange markets and increasing trade barriers

Ludwigshafen , Germany – October 20, 2010 – BASF today announced first figures for the third quarter of 2010 and raised its outlook for the full year. Compared with the same quarter of the previous year, third-quarter sales increased 23% to €15.8 billion, EBIT before special items rose 77% to €2.2 billion and EBIT increased 122% to €2.15 billion. The figures are at the same high level of the second quarter of 2010.

Sales in the first nine months of 2010 rose 27% to €47.5 billion, EBIT before special item increased 89% to €6.4 billion and EBIT by 127% to €6.1 billion.

For the fourth quarter, the company expects the good business development to continue and has raised its outlook for the current year. For 2010, BASF expects sales of around €63 billion and EBIT before special items of over €8 billion. This exceeds the peak levels of the years 2007 and 2008.

BASF will publish its third-quarter report on October 28, 2010.
Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF SE said, “The record figures reflect the dynamics in our businesses, our improved portfolio and operational excellence, which have been able to show their full impact in the current favorable economic environment. This is the result of our efforts over the past years to implement our strategy for profitable growth. Our strength is also reflected in the very high level of our nine-month operating cash flow of €5.3 billion.”

In spite of the current good results, Hambrecht sees a number of uncertainties in the long-term economic outlook. He said, “The positive economic development of the past months will not necessarily continue at the same pace in 2011. Risks also remain which could jeopardize a sustainable recovery. The high debt level of many countries threatens the stability of the financial and banking systems. The necessary reduction in government spending and the winding down of national stimulus programs could dampen overall demand.” Risks are also associated with volatile raw material and foreign currency markets, overcapacities, growing geopolitical tensions and protectionism through new trade barriers.

About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com


toevoeging
CSM werkt samen met BASF
30-09-2009
BASF and CSM announce joint production development of biobased Succinic Acid
LUDWIGSHAFEN, GERMANY and DIEMEN, NETHERLANDS, September 30, 2009 -- BASF SE and CSM nv today announced the cooperation between their respective subsidiaries BASF Future Business GmbH and PURAC for the development of the production of biobased succinic acid. Both partners have been working on the development of the industrial fermentation and down-stream processing of biobased succinic acid and will start production of commercial quality and volumes in the second quarter of 2010.
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