The German company BASF, the world's largest chemical concern, has expanded its range of projects for agriculture and plans to bring its innovations to world markets by 2028.
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The company predicts sales of more than 6 billion euros.
The company's innovative solutions are represented by an extensive line of chemical and biological products for the protection of plants and seeds, and, in addition, various digital technologies. This year, the company intends to invest 900 million euros in research to develop the best solutions for the agricultural sector.
As an example of innovative opportunities, representatives of the concern cite research and development in the field of soybean production, one of the most widespread and important agricultural crops that makes a significant contribution to solving the global problem of food and feed shortages.
For farmers engaged in the cultivation of this product, the company has developed innovative solutions that will improve the yield and quality of the crop. Among these solutions are new varieties and soybean seeds, combined with the LibertyLink® GT27 ™ trademark, allowing the use of Liberty® herbicide. This drug is characterized by the fact that, thanks to a wide spectrum of action, it is able to qualitatively combat post-emergence weeds.
BASF has been leading its history since 1865. Today, the company has 160 subsidiaries, successfully operating in Europe, America and Asia.