04 September 2013

BASF Inaugurates New Research Facilities in Research Triangle Park, North Carolina

Ludwigshafen, Germany and Research Triangle Park, North Carolina, USA – 04 September 2013 – BASF today inaugurated its new research facilities in Research Triangle Park (RTP), North Carolina. This $33 million expansion includes 80,000 square feet of office, laboratory and greenhouse facilities. 

In RTP, BASF manages a total of 480,000 sq. ft. and employs approximately 950 people. RTP serves as headquarters for the North American activities of BASF’s Crop Protection division as well as global headquarters for the Plant Science division. BASF has been a pillar of the North Carolina agricultural industry for the past 27 years, following the 1986 groundbreaking of the site.

This expansion demonstrates BASF’s strong commitment to Agricultural Solutions and strengthens our research and development capabilities,” said Peter Eckes, President BASF Plant Science. “This investment demonstrates our commitment to our employees, our neighbors and the state of North Carolina.”

A significant share of BASF’s insecticide research is conducted in RTP. These larger facilities will enable us to evaluate our promising insecticide candidates faster,” said Nevin McDougall, Senior Vice President, BASF Crop Protection North America.

With sales of around €4.7 billion in 2012, BASF’s Crop Protection division provides innovative solutions in crop protection, turf and ornamental plants, pest control and public health. 

BASF is the world’s leading chemical company. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). 

Source: BASF