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BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of EUR 52.6 billion (approximately $66.1 billion) in 2006. Further information on BASF is available on the Internet at www.basf.com.
As a joint venture with The Kanoo Group, who is the partner of BASF since 1970 in U.A.E., BASF Kanoo Gulf was founded in Dubai in 1996. The BASF Kanoo Gulf FZE is a joint venture between BASF AG and The Kanoo Group with 49% and 51% shares respectively. BASF Kanoo Gulf FZE has 10 employees and an annual turnover of around €43 million. BASF Kanoo Gulf FZE provides the entire BASF portfolio with a main focus on sea water desalination and gas treatment.
In 2000 as a free zone establishment BASF FZE was formed in Dubai. BASF FZE is a distribution center for products manufactured by BASF group companies for sales in MENA (Middle East & North Africa) region and Iran. BASF FZE had a turnover of around €117 million in 2006.
BASF is present in U.A.E. as part of the Business Center Turkey, Middle East & North Africa (BCT) with headquarters in Istanbul.
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