BASF Reports Record Sales
The company credits part of that growth to last year’s acquisition of ingredients supplier Cognis and its 2009 acquisition of chemicals company Ciba.
BASF (Ludwigshafen, Germany) reported record sales up 26% in 2010, to €63.9 billion. The company credits part of that growth to BASF's acquisition of ingredients supplier Cognis last year and its 2009 acquisition of chemicals company Ciba.
“We achieved record sales and earnings in 2010. In the chemicals business, in particular, we were able to take advantage of the strong economic recovery in 2010, which was more dynamic than we all initially expected,” says Dr. Jürgen Hambrecht, chairman of BASF’s board of executive directors.
The company predicts strong sales growth this year.
The Nutritional Outlook Podcast Episode 39: Nutritional Outlook's Ingredients to Watch in 2025
February 25th 2025In this episode, Nutritional Outlook interviews Scott Dicker, market insights director from market researcher SPINS, about ingredients and product categories nutraceutical and nutrition product manufacturers should watch in 2025.
