05 December 2011 12:50 [Source: ICIS news]
LONDON (ICIS)--BASF will build a global research and development (R&D) and technology centre in ?xml:namespace>
The company will begin building the centre in January 2012. Financial details of the investment were not disclosed.
BASF signed a long-term agreement with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to lease laboratory and office space at the Australian Minerals Research Centre in
“Our vision is to become the leading chemical solutions provider to the mining industry by investing in existing and innovative technologies for mineral processing and metal production of ores,” said Steffen Kudis, head of BASF’s oilfield and mining chemicals business.
“To be successful, we are increasing our R&D spending and strengthening our market focused organisation,” he added.
BASF also agreed to sponsor research undertaken by the Parker Centre, a collaborative research organisation focused on hydrometallurgy R&D, starting from July 2012.
The company said that for five years, it will make a financial contribution to participate in collaborative research in the areas of technologies and process fundamentals primarily focused on alumina, base metals, gold and uranium.
“Mining has become a central focus for BASF globally, and particularly in
“Our Asia Pacific Industry Target Group Mining looks to develop an even more comprehensive offering with the overall portfolio of BASF, also for market segments beyond mineral processing, metal production and construction,” he added.
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