- The agreement runs from January 1, 2026, to December 31, 2028, with a potential two-year extension.
- BASF plans to invest around 2 billion euros annually in Ludwigshafen.
- The focus is on modernization, capacity expansion, and sustainable transformation.
- Job security is ensured with no compulsory redundancies during the agreement.
Agreement Duration and Extension
The new site agreement for BASF SE at the Ludwigshafen site is set to run from January 1, 2026, to December 31, 2028. It includes a provision for an automatic two-year extension if profitability targets are met.
Investment and Development
BASF commits to investing approximately 2 billion euros annually in the Ludwigshafen site. This investment aims to modernize and expand infrastructure and capacities, focusing on sustainable transformation to maintain the site's competitiveness.
Job Security and Employee Development
The agreement ensures job security by refraining from compulsory redundancies during its term. It emphasizes a performance culture, promoting employee qualification and development through modern learning formats and targeted offerings.
Transformation and Flexibility
The agreement addresses the need for structural changes, enhancing flexibility and productivity through digitalization and artificial intelligence. It aims for sustainable cost optimization and a simplified organizational structure.
Health and Quality of Life
BASF invests in health programs, preventive healthcare, and mental health initiatives. The company also promotes sustainable mobility solutions, such as expanding e-charging infrastructure and encouraging public transport use.
Framework and Communication
The agreement establishes a reliable framework for implementing transformation, with regular reviews of progress. Management and the works council commit to maintaining a solution-oriented dialogue throughout the process.
