BASF reortianizes its petrochemicals division

摘要

BASF reorganized its Petrochemicals division effective July 1, this year. The organization consists of four (formerly six) business units. The optimized organizational structures are installed to lead to higher efficiency and effectiveness and to open up potentials to even better serve customers' needs. The new organizational setup is based on a thorough analysis of the market and economic situation, which has fundamentally changed over the last years. Exemplary for this change are the important BASF investments in Nanjing (China) and Port Arthur (USA).