Presentation2

The Chemical Industry

Commodity Prices

• http://money.cnn.com/data/commodities/index.html

BASF

• BASF – largest chemical company in the world • Headquarters is located in Germany• Produces – Dyes, Soda (Sodium Carbonate),

Ammonia• Ammonia – used as a fertilizer and is

important in many harmaceuticals

• BASF employs about 104,000 people worldwide

• Sales of more than $50 billion per year, and increasing

• Dow Chemical Company – second largest chemical manufacturer in the world

• Headquarters – Midland Michigan

DOW Chemical Company HeadquartersMidland, Michigan

Dow Chemical Company

• Produces various plastics, chemicals, and agricultural products

• Employs about 46,000 people worldwide• About 105,000 shareholders• Dow Chemical has many subsidiaries – many

smaller companies that are controlled by Dow• Many joint ventures – companies that are

intertwined with each other