CAMBODIA: German chemical firm opens
German-based chemical company BASF SE on Wednesday (16 January 2019) announced it had inaugurated its own company in Cambodia – BASF (Cambodia) Co. Ltd. – to offer a range of solutions for diverse industries, after working through distribution partners since 2014. The company’s main businesses in Cambodia will be chemicals (monomers and intermediates), performance materials (polyurethane solutions), nutrition and health and agricultural solutions.
BASF managing director in Thailand and Indochina Petrus Ng said his firm aims to bring a wide range of innovative and sustainable solutions to support the growth of Cambodia’s strategic industries – including furniture, rubber, footwear, nutrition and health and agriculture. “Our customers in Cambodia will enjoy the support of BASF’s global network, expertise and innovation.” By entering the Cambodia market, BASF will maintain a team of local technical specialists in the Kingdom, who will be supported by BASF’s network of experts in Southeast Asia and around the globe.
Source: Daily “The Phnom Penh Post”, Phnom Penh; 17 Jan 2019
(Syed Rashid Ali, Karachi, Pakistan)