BASF's research and development expenditures in 2006 will amount to almost €1.3 billion–20% more than the comparative figure for 2005 (€1.06 billion). A further increase in expenditures to €1.4 billion is planned for 2007. These amounts will be used in the expansion of BASF's global research activities, such as research laboratories and the establishing of regional development centres.

Share this story: