Task group on cooperation with BASF set up in Belarus

A ministerial task group on cooperation with the BASF concern has been set up in Belarus following Premier’s instruction No 148p of 25 November 2010, BelTA learnt from the Council of Ministers’ Office. The group is headed by First Deputy Prime Minister of Belarus Vladimir Semashko.

The task group has been set up as part of the agreements reached with the BASF concern to consider within three months the possibilities of expanding the list of chemical products based on BASF components and produced by the Belarusian companies by means of increasing manufactures, supplies and sales of the BASF licensed products. The agreements also include the concern’s participation in the management of the companies of the chemical industry, their privatization and opening of new companies with the use of the BASF technologies.

The ministerial task group has been instructed to work out jointly with the BASF concern a plan of practical measures on cooperation and the use of BASF technologies for the production of new types of chemical and petrochemical products in Belarus. The plan should be ready by 23 February 2011.

Prime Minister of Belarus Sergei Sidorsky visited the BASF concern in November. One of the issues discussed during the visit was expansion of the chemical capacities of Belarus. BASF is a large complex, a leader in the production of petrochemical products. The Prime Minister then asked the experts to analyze the feasibility of transferring the BASF licensed technology to Belarusian chemical companies in order to cooperate with BASF to manufacture goods competitive in the markets of the Customs Union and other countries.

The German company BASF was founded in 1865. It is the world’s leading chemical corporation and unites 385 enterprises. In 2009 BASF’s turnover amounted to €50.7 billion.

A BASF office was opened in Belarus in 1992. The office helps establish and maintain contacts between BASF and Belarusian partners, supervises the fulfillment of contracts, aids the organization of technical service for BASF product users. The office does not pursue its own business. BASF raw materials are supplied to Belneftekhim concern, MAZ, Atlant. The German company is the leading supplier of crop protection agents.

In 2009 Belneftekhim and BASF signed an agreement of intent to promote cooperation in petrochemical and chemical industries.

In 2010 Lakokraska licensed a BASF technology to make polyurethane enamel while the Gomel chemical plant licensed a BASF technology to manufacture crop protection agents.

According to www.belta.by