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BASF increased spending on R&D to €1.8bn (2012: €1.7bn) in 2013. "In absolute terms, we lead the field in the chemical industry with our research and development expenditures,” said Dr Andreas Kreimeyer, member of the Board of Executive Directors of BASF SE and Research Executive Director, at the Research Press Conference on the topic ‘Nanotechnology: Small dimensions – great opportunities’ in Ludwigshafen.
BASF has a workforce of around 10,650 employees working in international and interdisciplinary teams on about 3000 research projects to find answers to the challenges of the future and secure sustainable profitable growth for the company.
In 2013 alone, the company launched more than 300 products on the market and filed 1300 patents.
