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BASF Continues Buildout of Innovation Campus

German chemicals and materials manufacturer BASF announced Tuesday that it has broken ground on the third phase of its Innovation Campus Shanghai. During the project, the Germany-based company will add a research and development building and a structure that will house an R&D workshop. “Innovations have made BASF the leading chemical company and they are the key driver for our profitable organic growth,” Dr. Jeffrey Lou, president, Advanced Materials & Systems Research for BASF, said in a company release. “We are increasing our R&D presence in Asia, intensifying our open innovation activities and strengthening our capabilities to meet the needs of our customers in Asia and across the globe.”

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