Economy
Although BASF is by far the most important industrial company in Ludwigshafen, there are many other firms. Trade and industry in Ludwigshafen have about 90,000 employees in total, with an annual total turnover of nearly 17 billion euros.
BASF is the world's leading chemical company, employing 80,000 people at all and about 35,000 (a few years ago, the employee total was about 55,000) of them in the Ludwigshafen plant, which is also the largest chemical plant in the world. The company's main products are fertilizers, dye, coolants and many other chemical substances.. Among the other chemical companies with plants in Ludwigshafen rank BK Giulini, Abbott, Raschig and Benckiser. Other important branches of industry are mechanical engineering, electrical engineering, IT and brewery (Mayerbräu Oggersheim).
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)