List of 3 market leaders in Rhineland-Palatinate

List of 3 market leaders in Rhineland-Palatinate

Rhineland-Palatinate is primarily known as a wine-producing state, but with Mainz, Ludwigshafen, Koblenz, Trier and Kaiserslautern it also has important industrial cities. Mainz is part of the Rhine-Main region, Ludwigshafen part of the Rhine-Neckar region – these are two particularly economically strong German conurbations. The German market leaders from Rhineland-Palatinate have their headquarters here. The presented companies belong to the largest companies in Rhineland-Palatinate.

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1. BASF SE, Ludwigshafen: 59.1 billion euros in sales

BASF’s history began in 1865 as Badische Anilin- & Sodafabrik in neighboring Mannheim. In terms of sales, BASF is today not only the German market leader in chemicals, but the world’s largest chemical company. The BASF site in Ludwigshafen, covering an area of 10 square kilometers, is considered the largest contiguous chemical site on the globe. BASF’s business includes chemicals, plastics, performance products, chemical system solutions, crop protection and nutrition as well as oil and gas. The oil and gas business is conducted under the umbrella of Wintershall Holding AG. BASF has almost 400 production sites in 80 countries worldwide. The group has over 110,000 employees. The shares are in free float.

2. Boehringer Ingelheim Pharma GmbH & Co. KG, Ingelheim: 19.5 billion euros in sales

Boehringer Ingelheim is the leading research-based pharmaceutical company in Germany. Several billion euros are invested in R&D every year. Founded in 1885 by Albert Boehringer in Ingelheim near Mainz, the company is still owned by the founding family. Boehringer has around 52,000 employees worldwide, 16,000 in Germany alone – half of whom work at the company’s headquarters in Ingelheim. Research, development, production and sales of pharmaceuticals make up Boehringer’s business. The product portfolio includes various prescription medicines for humans and medicines for animal health. In addition, Boehringer operates the industrial customer business. Boehringer Ingelheim is one of the 10 largest family-owned companies in Germany.

3. Schott AG, Mainz: 2.2 billion euros turnover

Schott is a leading German manufacturer of glass and glass ceramics. Its history began in 1884 with the founding of a glass laboratory in Jena. The company headquarters were also located there until 1945. In the course of the German division, Schott also split – into the “VEB Jenaer Glaswerk” – later part of the “Kombinat VEB Carl Zeiss Jena” and Schott in Mainz. Schott AG produces numerous special glasses and glass ceramics for various industrial sectors (household appliances, pharmaceuticals, electronics, optics, car manufacturing and aviation). One of the best known Schott brands is CERAN. The sole owner of Schott is the Carl Zeiss Foundation, which also owns the Zeiss Group. The foundation thus forms a – also historically justified – link between Zeiss and Schott. The Schott Group employs over 16,000 people in 34 countries, more than a third of them in Germany.

Image source: Unsplash

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