BASF is looking to invest $13 billion to boost its research and development activities and increase chemical sales in the Asia-Pacific region. "In the next decade, Asia/Pacific will face huge challenges while remaining the fastest growing market for the chemical industry. With our strategy, we are positioning BASF as the leading provider of sustainable solutions for the Asia/Pacific region," said Martin Brudermüller, deputy CEO and head of BASF's regional unit.

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