BASF AG.

BASF AG will concentrate the global functions of its Agricultural Products division at Research Triangle Park, N.C., and Limburgerhof, Germany, as of April 1, 2004. BASF currently has global Agricultural Products functions at two U.S. sites and one European site. Approximately 80 positions at BASF Corporation's Mount Olive, N.J., site will be affected by this decision, the company said. "The concentration of activities at our two largest and most important sites will further improve effectiveness and efficiency within the division," says Hans W. Reiners, president of BASF's Agricultural Products division.