Flexible Electronics News

BASF Hikes Research Spending to New Record Level

Innovation secures sustainable growth for BASF and long-term success for its customers

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In 2010, BASF’s research and development (R&D) expenditure reached a new record level, rising to nearly €1.5 billion (previous year 2009: €1.40 billion). The company attaches great importance to continuity in R&D and has further increased its commitment even in tough times, said Dr. Andreas Kreimeyer, member of the Board of Executive Directors and research executive director, at the company’s research press conference. “Research and development are the foundations to secure our f...

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