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from methanol, in turn made from gas or coal. This investment of โฌ45 M will involve testing over 5 years using a process developed by UOP and Norsk Hydro. ExxonMobil has a similar pilot plant and a number of patents. Air Liquide has this type of technology. BASF has announced progress on catalysts for a syngas-toolefin unit in Ludwigshafen, Germany, using the Fischer-Tropsch process. This is not expected to be commercialised before 2016. The most significant market is expected to be China, which has important reserves of coal but which has not signed the Kyoto protocol for reducing emissions. The leading Chinese coal producer, Shenhua, started work in 2005 on these projects. Similar moves are being made by Huating Coal Group, Sinopec, and Daqing Petrochemical. There are about 15 projects in China which could be commercialised in 3-5 years.
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There is detailed discussion of the business of this division, including: feed enzymes, enzymes for bioethanol, and biochemicals projects (cellulosic ethanol, collaboration with Goodyear, and targeting a greater part of the value chain).
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 co
laboratories and offices. BASF has provided SDC another $2 M in funds, after a $600,000 investment in 2006.