BASF expands further in India

29/01/2008

Having opened the first stage of a new technical centre for the leather industry in Thane near Mumbai, India, including a fully-equipped pilot tannery (see www.leatherbiz.com, December 4), and a new Eukesolar dye manufacturing plant in Mangalore (see www.leatherbiz.com, December 5) at the end of last year, Germany-based BASF is further expanding its presence in the Asian country with the inauguration of a new research laboratory.

The company has also launched a new “Indo-German R&D Fund,” which will be used to finance scientific conferences and PhD research at Indian research institutes in the coming years. The fund has initially been provided with €280,000.

“Our research laboratory in Thane gives us local presence in India, which is a vibrant location for science. It is part of BASF’s strategy to expand research capacities at international hotspots and engage in co-operation with excellent local scientists, in addition to strengthening our Ludwigshafen-based research facilities,” said Dr Andreas Kreimeyer, research executive director.