Basf Vietnam Co., Ltd (Vietnam)

At present, the subject only focuses on trading kinds of chemicals. Its products include petrochemicals, polymer dispersions, polystyrene, polyurethanes, engineering plastics, coatings, intermediates, vitamins and crop protection products, electronic chemicals, catalysts and construction chemicals. The company imports materials from Singapore, Malaysia, China, Thailand… The construction chemicals portfolio includes concrete admixtures, waterproofing solutions, concrete repair and protection solutions, performance... was transferred from BASF to MASTER BUILDERS SOLUTIONS VIETNAM CO., LTD (belongs to MBCC Group.) Besides the domestic market, subject exports chemicals to Indonesia and Singapore.  In Mar 2021, the subject closed branches in Binh Duong, Bac Giang and Da Nang. Currently, its main offices are in Ho Chi Minh and Ha Noi cities.  The subject is one member of Basf Group. This group has 11 divisions grouped into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, Agricultural Solutions. It is present in 91 countries in and operates six Verbund sites and 233 additional productions with around 110,000 employees.As BASF's public information, in FY 2022, Sales at Asia Pacific region accounted for 25% of total sales of EUR 87,327 million, increased compared to sales of FY 2021. Sales growth was mainly driven by higher price due to an increase in raw materials and energy price.