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BASF Sharpens Focus on Automotive Sector

8:57 AM MDT | September 14, 2012 | —Ian Young

Bock: BASF is outgrowing the auto supply market. Smith: Chemistry is an enabler of sustainability. BASF is seeking to increase its exposure in the automotive industry and rapidly expand its sales to that sector. Speaking at a media roundtable in London earlier this month, BASF chairman and CEO Kurt Bock said that the company is "by far the largest automotive supplier in the chemical industry, and... [is] trying to create value in that space." The automotive sector is also BASF's biggest customer industry, and is a profitable business for the company...

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