BASF maintains top position in world's chemical market
July 19, 2007 00:00:00
FE Report
BASF has maintained its No.1 position in the World's chemicals market with sales figure of US$ 66 billion in 2006, according to a recent publication of FORTUNE Global 500.
The annual publication of the US-based Fortune magazine ranks world's 500 largest companies covering all segments every year. On the basis of 2006 sales figure, however, BASF Group's position is 81st largest company in the world and 10th largest company in Germany, said a press release.
BASF's portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful.
BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future.
BASF has approximately 95,000 employees, business partners in over 200 countries and offers more than 10,000 products from 150 production sites. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF) and Zurich (AN).
In Bangladesh, BASF is also the market leader and supplying its high quality value added chemicals and plastics to textile, pharmaceuticals, leather, crop-protection, paper, paint, plastics, chemicals, construction, packaging and animal nutrition segments.