R&D jobs to go at BASF's crop protection unit
25 November 2002 00:00 [Source: PCE]
BASF will cut some 300 jobs in crop protection R&D worldwide
within the next three years.
The cuts, which are principally in herbicide research, will
reduce the number of drop crop protection R&D jobsÊby just
over 20% to about 1130, a spokesman said.
He said that by 2003, BASF will pull out from R&D sites in
Gosport, UK and Nelspruit, South Africa. Discussions are under way
for existing partners to take over BASF's activities at these
sites.
The spokesman said capacities of BASF's remaining R&D sites
will be adjusted, with around 100 jobs going over the next three
years in the Ludwigshafen and Limburgerhof units in Germany.
In a realignment of its crop protection R&D, BASF said it
will intensify active ingredient research in insecticides and
fungicides, areas which have a substantial market potential for
innovative products.
BASF said the market for innovative insecticides will reach
about $3.02bn within the next decade. This is because registration
problems will force older products out of the marketplace and
insects tend to build natural resistance against products over
time.
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