PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: BASF

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BASF to Invest USD 33 Million in R&D Facilities in Research Triangle Park, North Carolina - Focus on plant biotechnology and crop protection research - BASF.com
BASF to Invest USD 33 Million in R&D Facilities in Research Triangle Park, North Carolina

 

NewswireToday - /newswire/ - Ludwigshafen, Germany, 2012/02/15 - Focus on plant biotechnology and crop protection research - BASF.com. DE000BASF111

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

BASF today announced a USD 33 million investment to expand its facilities in Research Triangle Park (RTP), North Carolina. Nearly 80,000 sq. ft. of office, laboratory and greenhouse facilities will support the company’s plant biotechnology and insect control research. This is the first in a series of investments that the Agricultural Solutions segment will make in 2012 to strengthen its global R&D platforms in line with BASF’s new “We create chemistry” strategy.

“This expansion demonstrates the company’s strategic commitment to agricultural solutions and strengthening R&D in all of our markets,” said Nevin McDougall, Senior Vice President, BASF Crop Protection North America. “It also underscores our commitment to the site’s employees and the surrounding community.”

BASF expects to break ground on the project in March, and construction is expected to be completed by mid-2013. The planned expansion includes a climate-controlled greenhouse and laboratories for plant biotechnology research, a custom environmentally-controlled insect production facility and office space.

A significant share of insecticide research is already conducted in Research Triangle Park. The larger, modernized facilities will ensure comprehensive and faster evaluation of the company’s promising insecticide candidates, thus expanding its development capabilities.

”BASF Plant Science has been located in RTP since 1998. With this significant addition to our existing facilities, we are strengthening our research platform at this strategic site,” said Juergen Schweden, Senior Vice President, Research & Development, BASF Plant Science. The investment follows the announcement in January to establish BASF Plant Science’s global headquarters at RTP which is in line with the division’s focus on its main markets in North and South America.

This site currently employs approximately 780 people and occupies 400,000 square feet. RTP is a major BASF location for global insecticide and plant biotechnology research. It serves as headquarters for the North American activities of BASF’s Crop Protection division and soon the global headquarters for the Plant Science division. BASF established its RTP site in 1986. The last major investment in the site took place in 2006.

About BASF Plant Science
BASF Plant Science – a BASF group company – is one of the world’s leading companies providing innovative plant biotechnology solutions for agriculture. Today, about 840 employees are helping farmers meet the growing demand for improved agricultural productivity and healthier nutrition for humans and animals. BASF Plant Science (basf.com/plantscience) has developed an unparalleled gene discovery platform focusing on yield and quality traits in crops such as corn, soybean and rice. Jointly with leading partners in the seed industry BASF Plant Science is commercializing its products. Current projects include higher yielding row crops, nutritionally-enhanced corn for animal feed or higher content of Omega-3’s in oil crops for preventing cardiovascular diseases.

About the BASF Crop Protection division
With sales of EUR 4.0 billion in 2010, BASF’s Crop Protection division is a leader in crop protection and a strong partner to the farming industry providing well-established and innovative fungicides, insecticides and herbicides. Farmers use these products and services to improve crop yields and crop quality. Other uses include public health, structural/urban pest control, turf and ornamental plants, vegetation management, and forestry. BASF aims to turn knowledge rapidly into market success. The vision of BASF’s Crop Protection division is to be the world’s leading innovator, optimizing agricultural production, improving nutrition, and thus enhancing the quality of life for a growing world population. Further information can be found at agro.basf.com or follow us on twitter: twitter.com/basfagro.

About BASF
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about EUR 63.9 billion in 2010 and had approximately 109, 000 employees as of the end of 2010. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Contacts

Fran Castle, BASF Plant Science
Research Triangle Park, USA
P: +1 919-659-3925 / F: +1 919-659-3403 - E: fran.castle[.]basf.com.

Thomas Deichmann, BASF Plant Science
Ludwigshafen, Germany
P: +49 621 60-28574 / F: +49 621 60-28117 - E: thomas.deichmann[.]basf.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BASF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


BASF to Invest USD 33 Million in R&D Facilities in Research Triangle Park, North Carolina

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

BASF Newsroom |
Publisher Contact: Elise Kissling - BASF.com 
+49 621 60 27450 elise.kissling[.]basf.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BASF / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Hexagon Manufacturing Intelligence Shows Data-Driven Production Solution at StonExpo
Nexans’ HV Cables to Connect ScottishPower Renewables’ 714 MW Wind Farm to Shore
SWEP Introduces The New B649HT
Bahrain’s Alba Places Order for GE’s World-Record-Setting HA Technology & Signs Long-Term Service Agreement
PPG Coatings Create Showpiece Finish for Carrington Livery
METTLER TOLEDO Launches New Melting Point Excellence Instruments MP55 and MP80
Frost & Sullivan Applauds Borealis’ Dedicated Efforts to Enhance its Healthcare Brand and Sustainable Growth
PPG to Highlight Automotive Coatings At 2017 NAIAS
Voith Receives Order for BillerudKorsnäs 550.000 T/y Board Machine in Gruvön, Sweden
PPG Completes Acquisition of Romanian Paint and Coatings Manufacturer DEUTEK
SWEP Introduces New High-efficiency Single-circuit Evaporator and Condenser
ITT BIW Connector Systems Introduces Tri-Lok™ Ultra Packer Penetrator for the Upstream Oil and Gas Market
European Construction Chemicals Market Leverages Local Presence and Customised Solutions to Expand Finds Frost & Sullivan
Nexans Secures Around € 300 Million Contract to Supply LV Cables for Infrastructure Projects in Qatar through its QICC JV with Al Mirqab Capital
PPG Reaches Agreement with Knauf for Sale of Plaka Plasterboard Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  1Click Games

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)