BASF and Masdar form strategic partnership
Masdar/UAE and BASF/Germany announced on 19.08.2009 a strategic partnership agreement for collaboration on the construction of Masdar City (Fig.), the world’s first CO2-neutral and zero-waste city. BASF is named as a “preferred supplier” of construction materials and system solutions for the city’s construction. Masdar City, currently in its first phase of construction, is approximately 30 kilometers from downtown Abu Dhabi. Masdar is partnering with the world’s most prominent companies, investment firms and educational institutions to develop and deploy leading technologies, systems and sustainable solutions in Masdar City and in the wider Abu Dhabi and Gulf region.
