Friday, October 12, 2007

BASF projects 10% growth in China region sales for 2007

German chemicals group BASF estimates sales in the greater China region to grow more than 10% in 2007, as it continues to expand in mainland China to benefit from a booming economy. Sales in greater China, which includes Hong Kong and Taiwan, totaled to 3.6 bln euros (US$5 bln) in 2006, comprising nearly 50% of its overall sales in Asia. BASF will invest 1 billion euros in Asia until 2009, with half of that going to the greater China area.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11027&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: