global challengers: partners for growth
TRANSCRIPT
Gops Pillay, BASF, President of
South & East Asia, ASEAN,
Australia/New Zealand
KCMC Global Insight Forum,
October 30, 2013
1 10/23/2013
Global challengers:
Partners for growth
Asia Pacific: already the biggest chemical
market, with growth outpacing GDP
2 10/23/2013
30%
Real GDP (World),
US$ trillion
13%
29%
31%
27%
14%
25%
28%
33%
49.7 67.1 CAGR
World: 3.0%
Asia Pacific: 4.8%
14%
Source: BASF
Asia Pacific Rest of World Europe North America
Real chemical
production
excluding pharma
(World) US$ trillion
40%
10%
23%
27%
10%
21%
19%
50% 2.2
3.2
2020
CAGR
World: 4.0%
Asia Pacific: 6.2%
2010
Chemical market in Asia Pacific is
dominated by local players
1 Sinopec 44.9 Chemical Segment only
2 Mitsubishi Chemicals 29.7 estimated (business year
April - March)
3 Formosa Chemicals 23.7 Formosa Petrochemical
Corp. only
4 ChemChina 19.9 2011
5 Sumitomo Chemicals 18.3 estimated (business year
April - March)
6 LG Chem 16.1
7 Toray 15.5
8 Mitsui Chemicals 13.0 estimated (business year
April - March)
9 Reliance Chemicals 12.8 Petrochemical segment only;
business year April - March
10 BASF 12.5 Adjusted to changes in IFRS
Chemical Sales in Asia Pacific
in 2012 (€ billion) Top 10 chemical producers in Asia Pacific
10/23/2013 3
Increased competition is a good omen
Sign of robust market demand
Creates improvement for customer
Creates internal hunger to improve
and deliver more value based
solutions
Competition is good for
business!
4 10/23/2013
People Verbund
Customer Verbund
Technology Verbund
Production Verbund
BASF: working within integrated
networks
10/23/2013 5
Partnering with “challengers”
BASF international network
supports customers’ expansion
strategies
Joint R&D and design
Applications and solutions brought
to life through practical
demonstration
Meet increasing needs for
solutions that address
sustainability challenges of our
customers in Asia Pacific and
globally
6 10/23/2013
Our purpose: We create chemistry for a
sustainable future
Nine billion people in 2050 but only one earth
Resources, Environment & Climate
Food & Nutrition Quality of life
Chemistry as enabler
10/23/2013 7
10/23/2013 8