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BUSINESS PROFILE :
BASF India Limited is the flagship company of the BASF Group in India. BASF India manufactures and markets expandable polystyrene, tanning agents, leather chemicals, textile chemicals, dispersions and specialty chemicals and crop protection chemicals. BASF AG, Germany holds 52.69% equity share in the company. BASF India is also involved in the trading of chemicals from the parent company Bayer AG, including dyestuffs and related textile auxiliaries, and renders technical services to various industries.
The factories of BASF India, situated at Mangalore and Thane are ISO 9001:2000 (Quality Management) and ISO 14001:1996 (Environmental Management) certified. The integration of Cynamid`s crop protection division with the company in year 2001 has provided synergies for the company and with the inclusion of CA`s product portfolio, BASF India now has around 30 formulations.
CRISIL has assigned the highest rating AAA to the debentures issued by the company. Similarly the short-term borrowings have received the highest rating of `P1+` by CRISIL. The company has initiated a new programme at farmer level `Swarnarath Kisan Club`, to advice farmers on crop cultivation, weather situation and market information for their produce.
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