BASF Invests Heavily in U.S. Chemical Projects

SUGAR LAND--June 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--President Donald Trump took aim at Germany last month, tweeting that the U.S. trade deficit with Germany was "very bad for the U.S." Trade deficit notwithstanding, however, leading global chemicals producer BASF SE (Ludwigshafen, Germany) is making sizeable investments in the U.S. via its local affiliate, BASF Corporation (Florham Park, New Jersey). Industrial Info is tracking $2.45 billion in project activity by BASF project activity in the U.S.