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.
Judge denies CRN’s motion for preliminary injunction but its lawsuit against NY state will proceed
April 23rd 2024The judge in CRN's lawsuit against NY state's law banning the sale of weight management and muscle building supplements to minors has denied its motion for a preliminary injunction, but determined that CRN has standing to sue on behalf of its members.
The Nutritional Outlook Podcast Episode 29: 2024 Ingredients to Watch
January 31st 2024Nutritional Outlook interviews Scott Dicker, market insights director from market researcher SPINS, about ingredients and product categories nutraceutical and nutrition product manufacturers should watch in 2024.
