OREANDA-NEWS. The Board of Executive Directors of BASF SE has announced the following changes in the company’s leadership team:

Ralph Schweens, currently Managing Director of BASF Mexicana S.A., will become President of the South America regional division based in S?o Paulo, Brazil, effective October 1, 2013. The current head of the region Dr. Alfred Hackenberger is retiring on September 30 following a more than 30 year career at BASF.

Dr. Michael Stumpp, currently Senior Vice President, Global Home & Personal Care Business in the Care Chemicals division, will succeed Schweens as Managing Director of BASF Mexicana S.A., based in Mexico City effective September 1.

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).