BASF inaugurates new innovation campus in Navi Mumbai
December 10, 2014 - India
BASF SE, Germany’s leading chemical company, has opened a new innovation campus in Navi Mumbai, India.
The company is set to invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The research facility is expected to accommodate around 300 scientists investigating areas such as crop protection, process development, and polymer research.
The BASF innovation campus in Navi Mumbai is expected to host global research activities and regional and local development activities. Development activities will serve BASF’s Performance Chemicals, Care Chemicals, and Pigments & Dispersions businesses. By combining development activities with global research, the campus will foster exchange of know-how and ideas about latest technologies and methods, ensure access to state-of-the-art equipment, and create synergies, the company said in a statement.
The research facility will begin operation in 2017 and will include synthesis, application, process, and analytical laboratories. Along with scientific facilities, the 20,000 square meter site would also include technical facilities, logistics areas, a full-scale auditorium and canteen, and employee amenities areas.
In 2020, BASF aims to generate €30 billion of sales worldwide with products that have been introduced in the market since 2011. To achieve this ambitious goal, BASF is further developing the research organization and bundling its competencies in three global platforms, with the headquarters of Advanced Materials & Systems Research based in the Asia Pacific region. The BASF innovation campus, Navi Mumbai will be a key hub of BASF’s global research and development (R&D) network.
Harald Lauke, designated president of advanced materials & systems research, BASF SE said, “The BASF innovation campus in Navi Mumbai will bring the best international scientists from India and other parts of the world together into the global BASF R&D Verbund. BASF’s global major research platforms, from beginning of 2015 namely Advanced Materials & Systems Research, Bioscience Research, and Process Research & Chemical Engineering, will be active in Mumbai.”
BASF in India has 2,254 employees at eight production sites and sales offices as well as two R&D centers. In 2013, BASF registered sales of €1.02 billion to customers in India. (GK)
The company is set to invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The research facility is expected to accommodate around 300 scientists investigating areas such as crop protection, process development, and polymer research.
The BASF innovation campus in Navi Mumbai is expected to host global research activities and regional and local development activities. Development activities will serve BASF’s Performance Chemicals, Care Chemicals, and Pigments & Dispersions businesses. By combining development activities with global research, the campus will foster exchange of know-how and ideas about latest technologies and methods, ensure access to state-of-the-art equipment, and create synergies, the company said in a statement.
The research facility will begin operation in 2017 and will include synthesis, application, process, and analytical laboratories. Along with scientific facilities, the 20,000 square meter site would also include technical facilities, logistics areas, a full-scale auditorium and canteen, and employee amenities areas.
In 2020, BASF aims to generate €30 billion of sales worldwide with products that have been introduced in the market since 2011. To achieve this ambitious goal, BASF is further developing the research organization and bundling its competencies in three global platforms, with the headquarters of Advanced Materials & Systems Research based in the Asia Pacific region. The BASF innovation campus, Navi Mumbai will be a key hub of BASF’s global research and development (R&D) network.
Harald Lauke, designated president of advanced materials & systems research, BASF SE said, “The BASF innovation campus in Navi Mumbai will bring the best international scientists from India and other parts of the world together into the global BASF R&D Verbund. BASF’s global major research platforms, from beginning of 2015 namely Advanced Materials & Systems Research, Bioscience Research, and Process Research & Chemical Engineering, will be active in Mumbai.”
BASF in India has 2,254 employees at eight production sites and sales offices as well as two R&D centers. In 2013, BASF registered sales of €1.02 billion to customers in India. (GK)