Growth BASF, One of the Term Paper

Open, View, and/or
Download this Document

Total Length: 1561 words ( 5 double-spaced pages)

Total Sources: 5

Page 1 of 5

As an environmentally friendly fossil fuel, and a mainstay of much of the world for energy, the natural gas trade is one of huge growth potential. To exploit that growth, BASF has increased pipelines to nearly 2,000 kilometers in Europe, and uses Western Europe's largest natural gas storage facility (BASF, 47). By increasing their pipelines and storage capacity, BASF plans to use this market for even higher future growth.

There can be no question that BASF uses its non-cyclical products as a mainstay of growth, as can be seen through a comparison of the divisions' revenue in 2002. In total, oil and gas sales in 2002 were higher than in any other BASF division (BASF, 46). In comparison, the sales of agricultural products, typically cyclical in nature, were the lowest in the same year (BASF, 43).

Stuck Writing Your "Growth BASF, One of The" Term Paper?

View All Our Example Growth BASF, One of the Term Paper

Have A Custom Example Essay Written

Additionally, in 2000, BASF announced their intention to increase their market share of non-cyclical products, which they have consistently done (Milmo, 85). By focusing on non-cyclical portions of the company's markets, BASF is able to sustain consistent growth, even in periods of economic fluctuation, provide consistently strong revenue, and increase research, development, and expansion for future growth prospects......

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Growth BASF One Of The" (2006, December 12) Retrieved July 2, 2025, from
https://www.aceyourpaper.com/essays/growth-basf-one-40975

Latest MLA Format (8th edition)

Copy Reference
"Growth BASF One Of The" 12 December 2006. Web.2 July. 2025. <
https://www.aceyourpaper.com/essays/growth-basf-one-40975>

Latest Chicago Format (16th edition)

Copy Reference
"Growth BASF One Of The", 12 December 2006, Accessed.2 July. 2025,
https://www.aceyourpaper.com/essays/growth-basf-one-40975
   

Open, View, and/or
Download this Document
order custom essay example