Home / Knowledge / News / Textiles / We want to generate organic growth exceeding market growth levels - BASF
We want to generate organic growth exceeding market growth levels - BASF
02
Feb '09
Dr Andreas Kreimeyer
Dr Andreas Kreimeyer
BASF's research units are its pulsating lifelines. The worldwide Verbund of creative thinkers is constantly producing new ideas and projects, driving forward the company even in economically difficult times. “The goal of our research is to expand existing technologies and markets and tap into new business potentials.

We want to generate organic growth exceeding market growth levels,” emphasizes Dr. Andreas Kreimeyer, Member of BASF's Board of Executive Directors and Research Executive Director. With innovative products and tailored solutions for its customers, BASF is consolidating its leading position in the chemical industry.

With new or improved processes, the company is continuing to increase sustainability and efficiency in production. BASF's Research Verbund consists of the central technology platforms and the international network of research and development units of the business segments and group companies.

About 8,600 employees are involved in research and development projects at 80 sites around the globe. For 2009, BASF is planning research expenditures at the same high level as in the previous three years. In 2008, the company spent altogether approximately €1.34 billion on research and development.

As part of its research strategy, BASF combines the projects of its key technology-driven topics of future relevance in defined Growth Clusters. At present, these are the areas of Energy Management, Raw Material Change, Nanotechnology, Plant Biotechnology and White (Industrial) Biotechnology.

The research projects for these complex topics are to be driven rapidly to success through interdisciplinary cooperation. In 2009, more than €300 million from BASF's research budget will be flowing into future-oriented projects in these Growth Clusters. Investments totaling up to €1 billion in these key research areas are planned for the period 2009 to 2011.

Cooperation – the path to success:
“With the Growth Clusters, we have identified the important topics of future relevance that will contribute to solving urgent social issues,” explains Kreimeyer. “But it will only be possible to address the challenges of the future through international and interdisciplinary cooperation. We therefore increasingly attach importance to cooperating with outstanding partners from science and business.

With everyone contributing their own strengths, we advance much more rapidly and create sustainable success,” he adds. BASF is currently pursuing about 1,800 research cooperation's with partners around the world. In the plant biotechnology area, for example, the company is engaged in a collaborative project with the U.S. Corporation Monsanto.

The aim of this project is to develop higher yielding crops with improved resistance to adverse environmental conditions such as drought. In the nanotechnology field, BASF has founded a joint research initiative with Harvard University (Cambridge, Massachusetts) to study the formation of microbial bio-films on various surfaces and new formulations for water-insoluble active agents.


Must ReadView All

Uzbekistan wants joint ventures with Hungarian textile firms

Textiles | On 20th Feb 2018

Uzbekistan wants joint ventures with Hungarian textile firms

Uzbekistan has offered Hungary to create joint ventures in the two...

Vietnam’s textile & garment exports up 10.68% in 2017

Textiles | On 20th Feb 2018

Vietnam’s textile & garment exports up 10.68% in 2017

Vietnam came very close to achieving its 2017 textile and garment...

From left: Tania Polonnowita Wettimuny, MD, Hellmann Sri Lanka; Bart de Vries, Global COO Air & Sea Hellmann; Deshamanya Mahesh Amalean, Chairman, MAS Holdings; & Shirendra Lawrence, COO, MAS Holdings

Textiles | On 20th Feb 2018

Hellmann and MAS form joint venture HMSC

Hellmann Worldwide Logistics and MAS Holdings have formed Hellmann...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search