The Lifetime Achievement Trophy goes to...
German chemical giant BASF has been awarded the Lifetime Achievement Trophy at the Foreign Investment Trophy 2017. Philippe Muyters, Flemish Minister for Work, Economy, Innovation and Sport – presented the highly sought-after award to Wouter De Geest, CEO at BASF Antwerp.
BASF has been present in Flanders since 1964 and boasts a decades-spanning track record of investing in Antwerp, where the chemical company has its 2nd-biggest integrated chemical production center worldwide. What’s more, BASF continues to funnel an average of EUR 150 million per year into the site – fortifying Antwerp’s position as Europe’s largest petrochemical cluster as well as Flanders’ chemical industry as a whole.
In 2015, to give a recent example, BASF channeled EUR 500 million into a new production technology for superabsorbent polymers in Antwerp.
From left to right: Bruno Segers (Chairman Board of Directors Flanders Investment & Trade), Claire Tillekaerts (CEO Flanders Investment & Trade), Philippe Muyters (Flemish Minister for Work, Economy, Innovation and Sport) and Wouter De Geest (CEO BASF Antwerp).