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(BASF) -- In 2010, BASF’s research and
development (R&D) expenditure reached a new record level, rising to nearly
?1.5 billion (previous year 2009: ?1.40 billion). The company attaches great
importance to continuity in R&D and has further increased its commitment
even in tough times, says Dr. Andreas Kreimeyer, Member of the Board of
Executive Directors and Research Executive Director.
More than 9,600 R&D employees are working in international and
interdisciplinary teams on about 3,000 projects aimed at finding answers to the
challenges of the future. With new products, processes and system solutions,
BASF is an important innovation driver for almost all sectors of industry and
helps its customers achieve long-term success.
Major prerequisites for successful research are the right choice of
strategic research topics, excellent project management and a smoothly
functioning infrastructure. For example, BASF had set itself for 2010 the goal
of generating sales of ?6 billion with new and improved products and
applications that have been on the market for less than five years. The company
overachieved this goal by a substantial margin.
In the next five years, BASF will be investing a three-digit million sum
for battery-related activities. These include the company’s own R&D programs
devoted to optimizing lithium-ion technology and developing completely new
battery concepts, and cooperations with our partners, for example in the
research network Electrochemistry and Batteries.
mrcplast.com
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