The hottest BASF's revenue in 2009 was 50.7 billio

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BASF's revenue in 2009 was 50.7 billion euros, a year-on-year decrease of 19%

BASF, the world's leading chemical company, released its 2009 annual report on the 26th, saying that its annual sales were 50.7 billion euros, a year-on-year decrease of 19%. Except for specialty chemicals and agricultural solutions, sales in all business areas decreased, but demand is gradually recovering in the past year, especially in the Asian market

according to the report, the pre tax income excluding special items decreased by 29% to 4.9 billion euros. However, the company's share price showed an eye-catching performance, with an annual increase of 57% and a dividend reinvestment increase of 67%, far better than the average value of DAX30 and eurostoxx50 indexes. "This proves that the capital market recognizes our strategies of integrating Ciba, increasing R & D expenses and investing in growing the market." BASF executive board chairman hebinjie said

the markets in Asia and North America performed well. Due to the lack of specific calibration for manual operation, the sales volume of Asia Pacific has decreased by 8%, less than 8billion euros, but due to the successful implementation of cost reduction measures, the revenue has almost doubled to 503million euros; The sales in North America decreased by 22% to 9.3 billion euros, and the revenue increased by 422million euros to 495million euros due to the adoption of management costs and the strategy of "value is better than sales"

"for 2010, we expect the growth rate of global industrial production to be less than 5%. Although the starting point is very low, the slow recovery will continue." Hebinjie said that in view of the above situation, BASF's sales in 2010 will achieve growth, and the growth rate will exceed the speed of global chemical production. As the economic situation is still fragile, BASF will continue to strictly implement its efficiency enhancement and restructuring plan, and the company will continue to adjust its investment plan according to the current market conditions

about BASF

BASF Group has more than 160 wholly-owned subsidiaries or joint ventures in 41 countries in Europe, Asia and North and South America. The company is headquartered in Ludwigshafen on the Rhine River. It is one of the bases for high specification products with the largest factory area in the world. The main businesses of the company are chemicals and plastics, natural gas, plant protection agents and pharmaceuticals, health care and nutrition, dyes and finishing agents, chemicals, plastics and fibers, oil and natural gas

BASF's relationship with the Greater China market can be traced back to 1885. It is now one of the largest foreign investors in China's chemical industry. 20 needs to further expand to the economic field. In 2009, its sales exceeded 4.1 billion euros, and it has 23 BASF wholly-owned subsidiaries and 16 BASF joint ventures

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