CORPORATE GOVERNANCE
Fortune names BASF ‘Most Admired Chemical Company’
BASF is the world’s most admired chemical company according to a survey carried out by the U.S business magazine FORTUNE. The full results of the survey are published in the current edition, which has gone on sale on Monday, March 8.
In the 2010 list of the "World’s Most Admired Companies", BASF has once again been ranked the top company in the chemical industry. Industry experts voted BASF into top position in the chemical industry in the categori
es of product and service quality, global competitiveness, and quality of management.
Commenting on this achievement Mr. Prasad Chandran, Chairman, BASF Companies in India & Head South Asia said, "To be rated as the world’s most admired chemical company once again, is a humbling experience. It makes us even more convinced that the path of Sustainable Development, that we have chosen to align ourselves to, is the right one. It is our constant endeavor to partner our customer to be more successful. Our focus on innovations, world-class servicing and Environment Health and Safety standards has given us this distinction", he added.
In addition, for all industries, BASF is ranked number two in Germany. "To once again be awarded as the world’s most admired chemical company is encouraging and a welcome recognition of our efforts. Even in difficult times, we continue to actively shape our future," said BASF’s Chairman Dr. Jürgen Hambrecht.
For the survey, Fortune and its partner Hay Group selected approximately 700 companies worldwide, which were then ranked by more than 4,000 directors, executives and managers in the respective industries.
About BASF in India
For more than a century, BASF has been partnering India’s progress with its vast knowledge in the field of chemistry and high quality products that cater to a wide range of industries. As a dependable partner to stakeholders, BASF offers innovative, hi-tech and safe solutions. BASF in India is engaged in the business of manufacturing & marketing of Styropor®, tanning agents, leather chemicals and auxiliaries, crop protection chemicals, textile chemicals, dispersions and specialty chemicals, plastics, automotive and coil coatings, construction chemicals, polystyrene and polyurethane systems.
About BASF
BASF is the world’s leading chemical company: Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.
BASF is the world’s most admired chemical company according to a survey carried out by the U.S business magazine FORTUNE. The full results of the survey are published in the current edition, which has gone on sale on Monday, March 8.
In the 2010 list of the "World’s Most Admired Companies", BASF has once again been ranked the top company in the chemical industry. Industry experts voted BASF into top position in the chemical industry in the categori
es of product and service quality, global competitiveness, and quality of management.Commenting on this achievement Mr. Prasad Chandran, Chairman, BASF Companies in India & Head South Asia said, "To be rated as the world’s most admired chemical company once again, is a humbling experience. It makes us even more convinced that the path of Sustainable Development, that we have chosen to align ourselves to, is the right one. It is our constant endeavor to partner our customer to be more successful. Our focus on innovations, world-class servicing and Environment Health and Safety standards has given us this distinction", he added.
In addition, for all industries, BASF is ranked number two in Germany. "To once again be awarded as the world’s most admired chemical company is encouraging and a welcome recognition of our efforts. Even in difficult times, we continue to actively shape our future," said BASF’s Chairman Dr. Jürgen Hambrecht.
For the survey, Fortune and its partner Hay Group selected approximately 700 companies worldwide, which were then ranked by more than 4,000 directors, executives and managers in the respective industries.
About BASF in India
For more than a century, BASF has been partnering India’s progress with its vast knowledge in the field of chemistry and high quality products that cater to a wide range of industries. As a dependable partner to stakeholders, BASF offers innovative, hi-tech and safe solutions. BASF in India is engaged in the business of manufacturing & marketing of Styropor®, tanning agents, leather chemicals and auxiliaries, crop protection chemicals, textile chemicals, dispersions and specialty chemicals, plastics, automotive and coil coatings, construction chemicals, polystyrene and polyurethane systems.
About BASF
BASF is the world’s leading chemical company: Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.
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