Germany’s BASF confirms turnover target for its agriculture sector

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DPA

BASF, the largest chemical company in the world, confirmed on Monday in Ludwigshafen in south-western Germany its turnover goal for its new products in the agriculture business. By 2031, the company aims to achieve proceeds of €7.5 billion ($7.83 billion) in this area, according to Michael Wagner, who is in charge of the agriculture solutions sector of BASF. To this end, the company will focus on improving the agricultural yield of important crops such as wheat, rapeseed, corn, soy, cotton, rice, fruit, and vegetables. “In the first quarter, we published good numbers,” said Wagner. He said tha…

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