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Home > News > BASF Future Business to buy PEMEAS

December 14th, 2006

BASF Future Business to buy PEMEAS

BASF combines key technology-driven topics of future relevance in five growth clusters: energy management, raw material change, nanotechnology, plant biotechnology and white biotechnology. These cross-sectional technologies are outside the realm of the classical disciplines and can be brought to fruition by interdisciplinary and international cooperation. As part of the research and development expenditures, a total of approximately 850 million has been earmarked for research activities in the five growth clusters for the period from 2006 to 2008, of which approximately 90 million will be spent on energy management. BASF expects annual sales of 2 billion to 4 billion from innovations arising from these growth clusters as of 2015.


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