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Home > News > BASF Future Business to buy PEMEAS

December 14th, 2006

BASF Future Business to buy PEMEAS

Abstract:
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.

Source:
fuelcellsworks.com

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