Investor Presentaiton

150 years Close to entire cracker output in Ludwigshafen is used within Verbund Cracker products Ludwigshafen Ethylene ■ Raffinates Propylene ■ Aromatics ■ Butadiene Q-BASF We create chemistry BASF Capital Market Story January 2015 <5% >95% Value chains Merchant Market of the BASF Verbund BASF-YPC Nanjing supply for captive demand: 2006: 60% 2014: 75% 36

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