BASF SE unveils strategy presentation outlining growth plans, cost efficiency, and sustainability goals
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BASF SE has announced a strategy to enhance cost efficiency and drive growth, including a €1 billion cost improvement program at Ludwigshafen by 2026. The plan involves production optimization, structural adjustments, procurement savings, plant closures, and central maintenance consolidation. BASF aims for an EBITDA of €10-12 billion by 2028 and a free cash flow of over €12 billion between 2025-2028. The strategy also focuses on AI-driven productivity gains and organizational simplification.
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