News

BASF to invest €148 million in Brazil

18/01/2006

After a difficult 2005 in Brazil, the local subsidiary of German chemical group BASF believes that there will be a recovery in the market in 2006. According to Rolf-Dieter Acker, president of BASF for Latin American, the company plans to invest approximately €148.5 million in Brazil - 90% of the €165 million allocated to the whole region for the period 2006-2010.

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