BASF eyes 11% sales rise in China
Print Edition
GERMAN chemicals company BASF aims to grow sales in China by 11 percent annually to 12 billion euros (US$16.6 billion) in 2020.
As China’s economic growth slows, the expansion would be below the average annual rise of 17 percent the company has achieved in China since 2004. But still the expected rate would propel BASF ahead of most peers as the firm enters sectors where demand is strong for its plastics solutions.
“Generally, the chemicals industry’s growth rate is about 2 percentage points higher than that of the overall economy,” Zheng Daqing, senior vice president for business and market development in China, said yesterday.
“BASF aims to grow faster than the industry average.”
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
