12 – Noncontrolling Interests

Noncontrolling interests in profits declined year on year in 2019, especially at Shanghai BASF Polyurethane Company Ltd., Shanghai, China, primarily due to lower TDI and MDI sales prices and margins, and at BASF TOTAL Petrochemicals LLC, Port Arthur, Texas, mainly due to the scheduled turnaround of the steam cracker and lower propylene sales prices.

Noncontrolling interests in profits were only recognized for Wintershall companies until April 30, 2019.