TITLE

BASF builds up China investment

AUTHOR(S)
Kovac, Matt
PUB. DATE
September 2006
SOURCE
ICIS Chemical Business;9/25/2006, Vol. 1 Issue 36, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides information on the plans of BASF to invest $1 billion in the Asia-Pacific region, with as much as 50% dedicated to China. A spokesman for the German chemicals company in Hong Kong said the investment would take place between now and 2009, building on existing investments of $2.5bn (€2bn) in Greater China between 2001 and 2005. The company had earlier said it wanted to lift Chinas share of total sales from 5% to 10% by 2010.
ACCESSION #
22670002

 

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