Business & Economics :: Latest News
March 7, 2014
BASF opens global R&D center in Mumbai
BASF SE (Ludwigshafen, Germany; www.basf.com) today inaugurated a new global Research and Development (R&D) Center at its Thane site in Navi Mumbai, India, focusing on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modeling. With an initial investment of €2 million, this new facility has been set up by BASF under its group Company, BASF Chemicals India Pvt Ltd. The new R&D facilities will accommodate more than 60 scientists in the first phase.
“With our R&D Center in Navi Mumbai we have taken a significant step closer to BASF’s globalization goal in R&D. By 2020, we plan to conduct 50% of our research activities outside of Europe — one quarter in Asia Pacific,” says Harald Lauke, president, Biological & Effect Systems Research at BASF. “By establishing a global research presence in Mumbai, we will be able to work directly with a wide range of scientific talents in India and take steps towards our strategic goal to innovate from Asia Pacific, for Asia Pacific and the world. We are also currently evaluating further investment options into R&D in Asia Pacific, including India.”
“Market-driven research and development is the cornerstone of BASF’s global ‘We Create Chemistry’ strategy and we are therefore significantly expanding our R&D network in Asia Pacific. With our unique combination of chemistry, application know-how and the new and improved R&D set-up, we are well positioned to work even more closely with our customers across the region and globally, and help them solve their challenges and develop sustainable solutions,” says Gops Pillay, president, ASEAN and South and East Asia, and South & East Asia, ASEAN, and Australia/New Zealand, BASF.
BASF recently established an Agronomical Research and Development Field Station in Pune, near Mumbai, for its agricultural business. “India is a core market for BASF with a strong scientific community. By enhancing our local R&D presence, together we can realize advances which go beyond the scope of today’s solutions,” says Raman Ramachandran, head South Asia, chairman, BASF Companies in India.
In 2013, BASF continued the worldwide expansion of its research and development centers, especially in Asia and North America. With an investment of €1.8 billion in R&D, a highly talented workforce of approximately 10,650 employees worldwide, and a research pipeline of 3,000 projects globally, BASF is committed to offering chemistry-based solutions for almost all sectors of the industry. BASF filed around 1,300 new patents worldwide in 2013.
In India, BASF maintains a strong R&D presence through its sites in Mangalore and Mumbai, which are part of a global Technology Platform. Strategically located to offer close proximity to key production assets and customers, these facilities support close collaboration between research, development and business teams on site.