New set-up of global research platforms
In 2016, we generated sales of over €10 billion with products launched on the market since 2011 that stemmed from research and development activities. In the long term, we aim to continue signiﬁcantly increasing sales and earnings with new and improved products. The basis for these innovations is effective and efficient research and development.
Advanced Materials & Systems Research with headquarters at BASF’s Innovation Campus Asia Pacific in Shanghai.
We develop new structural materials, dispersions, functional materials as well as organic and inorganic additives for a wide range of customers from the automotive, construction, packaging, coatings, home & personal care, pharmaceutical, water and wind industry.
The stronger presence outside of Europe will create new opportunities for building up and expanding customer relationships and scientific cooperation. All three research platforms will be established globally to support the R&D needs of BASF’s customers. This will strengthen the R&D Verbund and also increase our attractiveness as a partner and an employer in the regions.
Together with the development units in our operating divisions as well as BASF New Business and BASF Venture Capital, the research areas form the core of our global Know-How Verbund.
We access new growth areas for BASF.We base these activities on social and ecological future trends which open up new market opportunities for the world's leading chemical company.
BASF New Business GmbH concentrates on markets, technologies and solutions in which chemistry has a key function and enables innovations.
Our interdisciplinary and international scouting and evaluation team continuously analyses change processes in today's market and technology environment, identifies new business opportunities and develops the required market strategies.
In this way we drive forward innovative system solutions in the growth areas important for us and our customers, such as energy management, organic electronics and medicine sector and establish them on the market.
BASF Venture Capital GmbH is the corporate venture capital company of the BASF Group. We invest in start-up companies and venture capital funds worldwide. Moreover, we support innovative start-ups, both financially and with expert know-how from the BASF Group. In doing so, BASF is opening a window on new technologies.
Our global network with more than 600 excellent universities, research institutes and companies is also an important component of our Know-How Verbund. We cooperate with them in many different disciplines in order to achieve our ambitious growth targets.