BASF set to double sales

Watts, Mark
June 2007
ICIS Chemical Business;6/18/2007, Vol. 2 Issue 71, p12
Trade Publication
The article reports on the goal of BASF to increase sales at its construction chemicals unit to $5.3 billion by 2015. The firm said the global construction chemicals market is growing at 4 to 5% per year. According to Andreas Kreimeyer, head of performance products, the company's aim is to grow by 7 to 8% per year. The company has acquired German rival Degussa's construction chemicals business in July 2006 as part of its strategy to move into less cyclical, commodity-driven chemicals.


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