A new site agreement includes, among other things, an investment of up to €2 billion per year, initially until the end of 2028.

This has been agreed by the management and employee representatives of BASF SE as part of an agreement entitled ‘Shaping the future for a Strong Site’, according to a press release from the chemical company. According to the agreement, BASF intends to continue investing at least €1.5 billion per year in its home location in the future. Under the new agreement, redundancies for operational reasons will continue to be ruled out at the Ludwigshafen site. According to the information provided, the agreement will initially apply for three years from 1 January 2026 to 31 December 2028. It will be automatically extended for a further two years if the targets agreed therein for restoring profitability are achieved, the press release continues.
 
"At least three years without redundancies due to operational reasons create reliability for the implementation of our transformation projects. We are also continuing to invest in Ludwigshafen, which shows that this site has a future and that our employees are making a decisive contribution with their expertise and experience," explains Katja Scharpwinkel, member of the Executive Board and Director of Labour Relations at BASF SE.
 
Sources:

• Press release BASF SE (15.12.2025)
• Photo: © BASF SE