IHS Chemical Week

Chemical Week Magazine :: Cover Story

R&D: Spending Goes Up

1:55 AM MST | January 10, 2012 | —Alex Scott

Banholzer: Spending more in 2011. Thomas: Using CO2 as raw material. Bock: Strong research culture. Investment among the top 50 largest chemicals R&D spenders increased 7.3% in 2010, with BASF spending the most across the industry. Companies say that while the amount of money spent determines the scale of R&D activity, a corporate culture that encourages openness and collaboration also is key to efficiently converting R&D projects into commercially viable products. The top 50 global investors in chemicals R&D in 2010 increased their spending...

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