The goal for the Ludwigshafen site is to be a leading, sustainable chemical site for Europe and a strong pillar for BASF's success. Dr. Katja Scharpwinkel, member of the Board of Executive Directors and Site Director of BASF SE, explains: "We conducted a thorough analysis of our production asset structure in Ludwigshafen based on current and future market and customer demand for chemicals. While the majority of the assets are competitive in their respective markets, our findings show that selected plants and production lines are no longer delivering sufficient earnings – either due to a lack of competitiveness or structural underutilization."