MoneyWorks4Me

BASF inaugurates R&D centre in Thane

10 Mar 2014 Evaluate

BASF has unveiled research and development (R&D) centre in Thane in effort to move 50% of its research outside Europe by 2020. The company has invested $2 million for setting up this R&D centre.

The R&D facility will focus on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modelling. It will also accommodate more than 60 scientists in the first phase.

BASF recently established an Agronomical Research and Development Field Station in Pune, near Mumbai, forits agricultural business.

BASF India is a leading player in chemical sector and manufactures and markets a wide range of products such as expandable polystyrene, tanning agents, leather chemicals and auxiliaries including specialized metal complex dyes etc. in primary forms and crop protection chemicals.

 

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
View more..