BASF expands in Africa
09/12/2011
“Africa is a huge continent with a wealth of raw materials and a growing population. At the same time, the dynamically growing economy has enormous potential for BASF. Through establishing a stronger local presence we will be able to even further support our customers and to enhance BASF's market position,” said Jacques Delmoitiez, the company's president for Europe, the Middle East and Africa.
BASF has a target to more than double sales in Africa by 2020. Sales there, outside the oil and gas markets, were around EUR 1 billion in 2010.