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In 2010 BASF again intends to maintain its research budget at the previous years' high level, with an overall target of โฌ1.38 bn. In 2009 BASF's research allocations reached almost โฌ1.4 bn (compared with โฌ1.35 bn in 2008). The group believes that only with a continuous flow of innovations will it continue to achieve above-market organic growth, and states that continuity of research strategy is important both in good times and also in times of crisis. Following a successful evaluation, the run time and funding of the Catalysis Research Laboratory at Heidelberg University was extended by another 5 years at start 2010. At this Centre, corporate researchers and the university are jointly addressing basic and industrial research topics in the field of homogeneous catalysis.
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sales (excluding precious metals) of ยฃ206 M (ยฃ236 M), and underlying operating profit of ยฃ49.2 M (ยฃ76.7 M). There is discussion of the business, including: platinum, palladium, rhodium, and catalysts.
Corp's sales from its fabric and home care segment rose to Yen 65 bn in 1Q FY 2009 (three months ended 30 Jun 2009) from Yen 63.9 bn in 1Q FY 2008 (period ended 30 Jun 2008), while operating income increased to Yen 12.5 bn from Yen 10.3 bn. Japanese sales of fabric care products were firm with the l