BASF embarks on phase two of €90m R&D expansion
12/08/2014
An additional research and development (R&D) building will be constructed as well as auxiliary facilities, and the expansion is expected to be completed next year.
“By 2020, around 25% of BASF’s R&D employees will be located in Asia Pacific,” said research director Dr Andreas Kreimeyer. “The expansion reinforces BASF’s commitment to globalising its R&D activities and capturing growth opportunities in China and Asia Pacific.”
The campus is BASF’s most important R&D centre in the region and is expected to become one of its largest R&D sites outside of Germany.
BASF increased spending on research and development by $100,000 in 2013 to €1.8 billion, with around 10,650 scientists and researchers working in 3,000 research projects.
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