BASF Dedicates Global Dermatology Lab in Tarrytown, N.Y.

TARRYTOWN, NY, September 24, 2012 -- BASF announced the opening of a new global dermatology laboratory at 500 White Plains Road in Tarrytown NY. The lab will focus on topical formulations for the pharmaceutical market. Work will include basic research on skin irritation and allergy reactions to full formulations using BASF solubilizers and its broadened excipient portfolio. The laboratory will also support customers in developing new marketing concepts and solving formulation challenges.

“With the investment in a laboratory concentrating only on the specific needs of the pharmaceutical industry, BASF will be able to focus on the unique challenges of effectively delivering drugs with topical formulations, thereby improving patient health,” said Daniele Piergentili, Vice President, BASF Pharma Ingredients and Services North America.

BASF will tap into its core expertise in liquid and semi-solid formulations for skin applications. With the integration of the Cognis pharmaceutical- grade excipients in 2010, BASF has increased its range of lipid-based emollients, surfactants, emulsifiers, gelling agents, waxes and solubilizers. The new pharmaceutical excipient portfolio now allows BASF to become a partner in human and animal dermatology, and topical, transdermal and liquid medicines.

The lab will employ a newly formed dermatology team comprising of R&D Scientists, Technical Sales, Marketing and Product Management. The BASF Dermatology team will host a poster entitled “Assessment of Cellular Irritation Potential of Soluplus® - a Novel, Mild, and Versatile Excipient” at the 2012 AAPS Annual Meeting and Exposition on October 18 in Chicago, Illinois.

About BASF Nutrition & Health

BASF’s Nutrition & Health division develops, produces and markets a comprehensive range of products and services for the human and animal nutrition, pharmaceutical as well as flavor and fragrance industries. The division addresses customer needs and enhances consumers’ well-being and quality of life. Nutrition & Health provides the pharmaceutical industry with active ingredients such as caffeine and ibuprofen, as well as excipients and customized synthesis services. The division produces aroma ingredients such as citral and geraniol for the flavor and fragrance industry. Important human nutrition products are vitamins and carotenoids, plant sterols, emulsifiers and omega-3 fatty acids. Its feed additives such as vitamins, carotenoids and enzymes make Nutrition & Health a worldwide leader for the animal nutrition market.

BASF – The Chemical Company

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,000 employees in North America, and had sales of $20 billion in 2011. For more information about BASF’s North American operations, visit www.basf.us.

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, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.

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