BASF receives “Malaysian Entrepreneurship, Research and Business Partnership Award 2016” from MOSTI

• BASF collaborates with MARDI to help reach national rice self-sufficiency level
• Award winning Clearfield^® Production System comes from a decade of research & development in Malaysia

Kuala Lumpur, Malaysia – December 12, 2016 – BASF Malaysia received the Malaysian Entrepreneurship, Research and Business Partnership Award 2016, presented by the Prime Minister of Malaysia, YAB Datuk Seri Najib Tun Abdul Razak, at the Malaysian Commercialization Year Summit 2016 and Global Entrepreneurship Community Summit 2016 event. This event was organised at the Kuala Lumpur Convention Centre by the Ministry of Science, Technology and Innovation and funded by the Ministry of Finance.

The award was presented to BASF Malaysia and the Malaysian Agricultural Research and Development Institute (MARDI) under the  Research & Business Partnership category, in recognition of the strong collaboration between the two companies in the development and commercialization of special rice varieties. The main goal of this collaboration is to use an innovative solution, the Clearfield^® Production System, to help the country achieve self-sufficiency level for rice production by effectively combatting tough grasses and controling “weedy rice” (padi angin) – major issues in many of Malaysia’s granary areas.

Following almost a decade of research & development, BASF Malaysia and MARDI introduced the Clearfield Production System into the market in 2010. The BASF-MARDI Clearfield variety commercialization project was named as the winner from more than 200 projects across more than 30 agencies in the country.

 

About BASF in Malaysia
BASF has been operating in Malaysia for more than 25 years with 1,767 employees in the country as of the end of 2015. BASF (Malaysia) Sdn. Bhd. was incorporated in 1989, offering innovative solutions for the oil & gas, petrochemicals, automotive & transportation, agriculture, construction chemicals, dispersions & pigments and packaging industries. BASF also operates a shared service center in Kuala Lumpur which provides functional support services to BASF companies across 17 countries & territories in Asia Pacific. Another wholly-owned company, BASF Services (Malaysia) Sdn. Bhd., provides infrastructure and support services to BASF’s joint-venture integrated Verbund chemical site, BASF PETRONAS Chemicals Sdn. Bhd., in Gebeng, Pahang. BASF posted sales to customers in Malaysia of approximately €320 million in 2015. Further information is available on the Internet at www.basf.com/my

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.