MOSCOW (MRC) -- BASF inaugurated a new research building in Ludwigshafen after two years of construction, said the company in its press release.
The building in the south of the Ludwigshafen site accommodates around 200 employees of the research division Advanced Materials & Systems Research who have so far worked in different buildings in Ludwigshafen. The laboratories and offices in the seven-storey building account for a total surface area of approximately 11,000 square meters, the construction costs amount to around EUR50 million.
"For the long-term success of BASF it is important to strengthen the global presence of our research and development activities, especially in Asia Pacific and the Americas. Ludwigshafen, however, remains the largest site of our R&D Verbund. This is underlined by the investment in the new building, which is a clear commitment to the Ludwigshafen research site," said Dr. Martin Brudermuller, Vice Chairman of the Board of Executive Directors and Chief Technology Officer of BASF SE.
The new building is located between further research facilities, in which employees of the same research division work. The new building is connected with two neighbouring buildings via a ground level corridor and a bridge.
In the Advanced Materials & Systems Research division, BASF develops new structural materials, dispersions, functional materials as well as organic and inorganic additives for a wide range of customer industries including automotive, construction, packaging, paints, detergents and cleaning products, pharmaceuticals, cosmetics, water and the wind industry.
As MRC said before, in April 2015, BASF developed new ingredients and innovative concepts for the personal care market. Driving forward the development of the brand Care CreationsTM, the company is taking a more and more science based approach to explore consumer needs: the focus is on a validated typology system with which users can define different consumer personalities.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.