BASF has subsidiaries in more than 80 countries and supplies its products to a large number of business partners around the world. In 2008, we achieved 59% of our sales with customers in Europe, of which 22 percentage points were in the Oil & Gas segment. 19% of sales were generated in North America; 15% in Asia Pacific; and 7% in South America, Africa, Middle East. We operate six Verbund sites as well as approximately 330 additional production sites worldwide. Ludwigshafen is the largest integrated chemical complex in the world. This was where the Verbund concept was developed and optimized before it was applied to other sites around the world.