Investor Presentaiton

Cash costs BASF North America Cost curve case study: Caprolactam Caprolactam cash cost curve average cash costs 2015 in US$/kg Q-BASF We create chemistry BASF caprolactam production focused on captive demand BASF Europe BASF Capital Market Story January 2015 Production capacity Source: BASF estimate ☐ BASF plants well positioned 150 years ☐ ◉ ☐ on cost curve Best-in-class cost position in Europe Constant process improvement ongoing Worldscale caprolactam plants supply downstream demand of polyamide 6 applications ■ Further cost improvement in North America after start-up of ammonia JV with Yara 43

View entire presentation