Organizational and Personnel Changes at BASF

LUDWIGSHAFEN , Germany -- The Board of Executive Directors of BASF SE announced the following changes in its organization and management team.

In order to prepare for the integration of Cognis, BASF will establish a new division. Effective August 1, 2010, BASF's Care Chemicals division will be split into two separate divisions:

The Nutrition & Health division, to be established on August 1, will incorporate the Nutrition Ingredients and Aroma Chemicals businesses, as well as Pharma Ingredients & Services. Walter Dissinger (47) currently Senior Vice President, Crop Protection Latin America (Mexico, Middle America, South America), BASF S.A., Sao Paulo, Bazil will become President of the newly established division.

The Personal Care, Hygiene, Home Care and Industrial Formulators businesses will form the Care Chemicals division, headed by Gabriel Tanbourgi (54), President of the current Care Chemicals division.

Both divisions will be part of the Performance Products segment.

Other changes announced:

Beate Ehle (46), currently President of BASF's Intermediates division located in Ludwigshafen, Germany, will become President for the regional division Market & Business Development North America located in Florham Park, New Jersey. The current President, Joseph C. Breunig will leave the company effective August 31, 2010.

Sanjeev Gulab Gandhi (43), Senior Vice President, Petrochemicals Asia Pacific, at BASF South East Asia located in Singapore will succeed Ms Ehle as President of the Intermediates division.

About BASF:

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF