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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
BASF R&D: Focus on Energy-Efficient Mobility
9:20 AM MST | February 11, 2011 | —NATASHA ALPEROWICZ IN LUDWIGSHAFEN
BASF has increased its R&D budget for 2011 from last year’s €1.5 billion ($2.04 billion) and is working on about 3,000 projects to tackle “challenges of the future in order to secure sustainable organic growth for BASF,” said Andreas Kreimeyer, board member and research executive director, at the company’s annual research press conference, held recently in Ludwigshafen. The conference focused on mobility, specifically electric vehicles (e-vehicles), a market that BASF is entering through the supply of materials, components, and...
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