Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

BASF Will Maintain R&D Spending ...

by Patricia L. Short
February 9, 2009 | A version of this story appeared in Volume 87, Issue 6

Despite the financial crisis, BASF says it is maintaining its investment in R&D. The German chemical giant has about 8,600 employees in R&D around the world. For 2009, the company plans to spend roughly $1.8 billion on R&D, the same as in the previous three years, according to Andreas Kreimeyer, board director responsible for research. The figure includes more than $400 million to move new developments to market. One result of fuel-cell R&D investment, BASF says, is a planned $12 million plant in Somerset, N.J., for high-temperature membrane electrode units.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.