BASF Raises Sales Target for Crop Protection

Cindy Zimmerman

basf-germany-13-5At a global press conference in Limburgerhof, Germany Wednesday, BASF announced an increase in the long-term sales target for its Crop Protection division.

The Chemical Company’s important agricultural division is now forecast to achieve sales of more than $8 billion by 2015 and $10.8 billion by 2020 – that’s up about $2 billion from previous estimates. Markus Heldt, President of BASF’s Crop Protection division, made the announcement during the opening session of the global press conference that includes agricultural journalists from 10 countries.

“We have demonstrated sustainable growth in our sales and earnings and are confident we will continue with this development,” said Heldt. “ We continue to expand our portfolio, for and beyond crop protection products, to deliver integrated technologies that can help growers run their business more efficiently.” BASF Crop Protection president Markus Heldt comments

2013 BASF Germany Photos

Agribusiness, Audio, BASF, Farming