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BASF sets up Technical Center for Eco-friendly Car Coatings

Published on 2010-03-23. Author : SpecialChem

SEOUL, Korea -- BASF establishes a technical center for developing advanced eco-friendly coatings technologies for the automotive industry in Korea. BASF and the Gyeonggi Provincial Government of the Republic of Korea (GGPG) signed a Memorandum of Understanding (MOU) to confirm their collaboration in constructing this center.

BASF is setting up a Coatings Technical Center at the Gyeonggi Techno Park in Ansan City, Gyeonggi Province, with the support of GGPG. In this technical center, BASF plans to conduct research and development of eco-friendly waterborne coatings for use by automotive OEMs as well as the technology for integrated coating process, which yields more cost-efficient results. GGPG pledges to provide all the necessary support required to facilitate a seamless establishment and operation.

Mr Moon-Soo Kim, Governor of GGPG, said, "We appreciate the value BASF brings forth to the automotive industry in Korea. BASF's coatings technologies provide our automotive industry with more sustainable options and, by increasing cost-efficiency in production, helps our automakers to be more competitive. We are happy GGPG plays a part in helping to address the needs of Korea's automotive industry."

BASF's Coatings Technical Center will be in operation in mid-2010. "The establishment of the facility in Korea is an important step to further strengthen our international technical network and the capability to support the business of our customers in Korea and globally," remarked Mr Raimar Jahn, President of BASF Group's Coatings Division, at the signing ceremony. "It aims to research and develop sustainable and customized coating materials and technology to cater for each customer's specific needs, thereby increasing the customer's competitive edge," Mr Jahn added.

In waterborne coatings, water replaces the majority of the organic solvents that solventborne coatings contain. The resulting reduction in solvent emissions means a considerably lower impact on the environment 3/4 a huge advantage of the technology. The development and use of the innovative Integrated Process will shorten the car body coating process and thus saves time and resources.

About BASF Coatings:

BASF Coatings, the Coatings Division of the BASF Group, develops, produces and markets a high-quality range of innovative automotive OEM coatings, automotive refinishes and industrial coatings as well as decorative paints. BASF has significant market positions in the Coatings sector in Europe, North America, South America and the Asia/Pacific region. In 2009 BASF Coatings achieved global sales of almost 2.2 billion Euros.

About BASF:

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals and 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 posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year.

Source: BASF

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