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Ninety million euro investment to build additional R&D building and auxiliary facilities
August 1, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF broke ground on the second phase of its Innovation Campus Asia Pacific at its Pudong site in Shanghai, China. The €90 million expansion consists of an additional regional research and development (R&D) building and auxiliary facilities and it will be completed by the end of 2015. “By 2020, around 25% of BASF’s R&D employees will be located in Asia Pacific. The expansion reinforces BASF’s commitment to globalizing its R&D activities and capturing growth opportunities in China...
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