GLOBAL chemicals giant BASF has flagged a significant long-term investment in Australia's agricultural sector as it moves to capitalise on the nation's anticipated role as a food supplier to the fast-growing Asian region.
With forecasters tipping the world's population to swell by two billion by 2050, the German group is preparing to establish a direct presence supplying its crop protection products in Australia, bringing an end to a 10-year distribution deal with Nufarm.
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