BASF Looks To Grow Presence In Pakistan

By Chemical Processing Staff

Nov 08, 2016

BASF needs to work with clients and their partners to take advantage of the China-Pakistan Economic Corridor, according to Vice President BASF Asia Pacific Jui Seng Tay, quoted in The International News. The company is reportedly assessing opportunities in the wake of Chinese-funded infrastructure developments.

According to the article, BASF is monitoring how foreign OEMs are impacting the chemical industry in Pakistan. BASF has reportedly had a presence in Pakistan for four decades with a production site in Karachi. Pakistan imports $5 billion in chemicals annually, according to conservative estimates cited by Faisal Akhtar, managing director at BASF Pakistan.

Read the entire article here.