In the 2025 business year, the BASF Group faced an uncertain and volatile global market environment with considerable headwinds. The Group achieved significant milestones in its ‘Winning Ways’ strategy implementation.  However, the financials for 2025 did not develop as anticipated. “We successfully started up the major plants at our new Verbund site in Zhanjiang. We also accelerated our cost savings programs and significantly streamlined BASF’s organization. Moreover, we progressed swiftl...