BASF, winner of the Lifetime Achievement Trophy 2017
German chemical giant BASF has been awarded the Lifetime Achievement Trophy at the Foreign Investment Trophy 2017. Philippe Muyters – Flanders’ Minister of Labor, Economy and Innovation – presented the highly sought-after award to Wouter De Geest, CEO at BASF Antwerp.
BASF has been present in Flanders since 1964 and boasts a decades-spanning track record of investing in Antwerp, where the chemical company has its 2 nd -biggest integrated chemical production center worldwide. What’s more, BASF continues to funnel an average of EUR 150 million per year into the site – fortifying Antwerp’s position as Europe’s largest petrochemical cluster as well as Flanders’ chemical industry as a whole.
In 2015, to give a recent example, BASF channeled EUR 500 million into a new production technology for superabsorbent polymers in Antwerp.
BASF has been present in Flanders since 1964 and boasts a decades-spanning track record of investing in Antwerp, where the chemical company has its 2 nd -biggest integrated chemical production center worldwide. What’s more, BASF continues to funnel an average of EUR 150 million per year into the site – fortifying Antwerp’s position as Europe’s largest petrochemical cluster as well as Flanders’ chemical industry as a whole.
In 2015, to give a recent example, BASF channeled EUR 500 million into a new production technology for superabsorbent polymers in Antwerp.