German chemicals producer BASF has completed its previously announced conversion into a European company. As of January 14, the company’s name is BASF SE (Societas Europaea).

At a ceremony at the Ludwigshafen district court, Eggert Voscherau, vice-chairman of the board of executive directors, thanked all those involved in the conversion process, stating: “This is a historic day for BASF and its employees. We are the first company in our industry to embody the idea of Europe through its legal form. At the same time, we are strengthening the involvement of European employees and improving our corporate governance.”
The headquarters and chief administrative offices of BASF SE will remain in Ludwigshafen, Germany.

Share this story: