BASF on lookout to acquire construction chemicals companies in Asia Pacific

19-Mar-09
Demand for construction materials is on the rise in China as the government accelerates infrastructure project approvals in the energy sector to help stimulate the economy. Viewing the burgeoning construction industry in Asia as lucrative, BASF seeks to acquire construction chemicals companies in Asia Pacific in a bid to benefit from the emerging market. Currently the industry is fragmented and the region is abundant small sized local players
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