Industry News

BASF Collaborates with Guangdong Yinfan for Manufacturing of Automotive Coatings in China

Published on 2015-04-21. Author : SpecialChem

SHANGHAI, China -- BASF’s Coatings Division has entered into a manufacturing agreement with Guangdong Yinfan.

Yinfan has recently opened its new production plant in Jiangmen City, Guangdong Province, China. Under the agreement with BASF, Yinfan will manufacture automotive refinish coatings, targeting the non-premium segment, for BASF at this new plant using BASF formulas and technologies.

“Establishing a reliable, regional manufacturing footprint for automotive refinish coatings is important for fulfilling the growing market demands,” said Mr. Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific, BASF. “Yinfan has outstanding competencies in ensuring production and quality. Partnering with Yinfan supports BASF’s ambitious plan in this fast-growing market.”

“We are fully committed to meeting the stringent quality requirements of BASF in automotive refinish coatings. With our significant investment in advanced production systems, our new manufacturing facility strictly adheres to national construction and occupational safety standards, as well as environmental protection requirements,” said Qingtao Zhang, Chairman of Yinfan.

About BASF’s Coatings division

BASF’s Coatings division develops, produces and markets innovative automotive coatings, automotive refinishes and industrial coatings as well as decorative paints. It operates sites in Europe, North America and South America as well as Asia Pacific. Within this network, it collaborates closely with its customers all over the world. In 2014, the Coatings division achieved global sales of about €3 billion.

About BASF

BASF is one of the world's leading chemical companies. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

About Guangdong Yinfan Chemistry (Yinfan)

Guangdong Yinfan Chemistry is located in Jiangmen City, Guangdong. Founded in 1991, it is a high-tech coatings company with R&D, production and sales of automotive coatings and ancillary products. Its products are sold in all cities in China, as well as in the United States, the Middle East, ASEAN, Russia, Hong Kong, Macau and other countries and regions. It has attained certifications like ISO/TS16949:2009, and ISO14001 certifications. Yinfan brand was recognized as a famous trademark of Guangdong Province. Its products are also regarded as famous brands and high-tech products of Guangdong Province.

Source: BASF


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