The hottest BASF sold more than 4.1 billion euros

2022-08-07
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BASF sold more than 4.1 billion euros in China last year. "In fact, despite the impact of the global financial crisis, China is still BASF's business growth engine in the Asia Pacific region.". On September 9, BASF, the world's leading chemical company, said in a briefing on the 2009 carbon only steel in Greater China called carbon steel (carbon steel) or ordinary steel

guanzhihua, chairman of BASF Greater China management board, introduced that in 2009, BASF's sales in Greater China exceeded 4.1 billion euros, making it one of the largest foreign investors in China's chemical industry

"in the company's Asia Pacific 2020 strategy, the special position of China as the business growth engine in the Asia Pacific region is also emphasized," guanzhihua said

in 2009, China became BASF's third largest market in the world, second only to Germany and the United States. Over the past decade, BASF's sales in Greater China have grown at an average rate of 20%, which has strongly promoted the company's business growth in the Asia Pacific region

BASF will further increase its business and R & D investment in China to strengthen local innovation and R & D capabilities. Especially along the Yangtze River, we will build a highly competitive local network, with the main investment in Nanjing, Shanghai and Chongqing

Yangzi Petrochemical BASF Co., Ltd. (hereinafter referred to as "Yangba") is one of the world's largest petrochemical joint ventures and one of BASF's six integrated production bases. It became operational in june2005. Last September, Yangba began to expand its production base in Nanjing

BASF's other biggest investment 2. Startup: first open the software measurement and control system on the computer, which is located in Shanghai, where the headquarters of the company in Greater China is located. At the same time, Shanghai is BASF's technology R & D cluster in Greater China, and has several production bases in Pudong and Caojing. In addition, BASF plans to invest in the construction of a new MDI device in Chongqing. The project is under planning and is expected to be put into commercial operation in 2014

local innovation and local production are promoting the sustainable development of BASF's business in Greater China. China is one of the most active markets in the Asia Pacific region, and its emerging industries especially need innovative products and solutions

last year, examples of BASF's R & D investment in Greater China include: BASF recorded that the Asian Technology Center for chemical building materials was newly completed in Shanghai, which is mainly responsible for providing innovative solutions for customers in the construction industry in the Asia Pacific region; BASF coatings has also established a technology center in Shanghai, which has become an important part of its global R & D network; BASF also upgraded the R & D center of the catalyst department's Motorcycle Emission Catalyst base in Guilin, Guangxi

in the middle of 2009, BASF announced the 2020 strategy for the Asia Pacific region. The goal is to increase at an average rate of two percentage points higher than the market every year from 2009 to 2020, to double the sales in the Asia Pacific region by 2020, and to double the number of R & D personnel in the Asia Pacific region by 2020 compared with 2009

since 1990, BASF has invested about 3.5 billion euros in Greater China. 2009 general report: by clicking the "general report" button, BASF's integrated base in Nanjing began to expand, and BASF and Sinopec jointly invested 1.4 billion US dollars. In addition, the company plans to invest and build a world-class MDI production base in Chongqing

BASF has been one of the largest foreign investors in China's chemical industry since 1885. In 2009, the company had about 6400 employees in Greater China, with sales of more than 4.1 billion euros. It has 23 BASF wholly-owned subsidiaries and 16 BASF joint ventures

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