OK
The Universal Selection Source:
Coatings Ingredients
Industry News

BASF to Build Resin & E-coat Plant in Shanghai to Support Increasing Demand in Asia Pacific

Published on 2014-03-24. Author : SpecialChem

SHANGHAI, China -- BASF recently broke ground on a new resin and electrocoat (e-coat) plant at the Shanghai Chemical Industry Park in Shanghai. With its operation scheduled to commence in the second half of 2015, the plant will help to address the increasing demand for high quality coatings solutions in various growing industries, notably the automotive industry, in Asia Pacific.

"Through this project we demonstrate once again how we make customers more successful," said Dr. Albert Heuser, President Greater China and Functions Asia Pacific, BASF. "As part of our Asia Pacific strategy, we aim to produce locally 75% of what we sell in Asia Pacific. By implementing this project, we are taking an important step towards our strategic goal and at the same time, serving an important market need in China."

This new resin and e-coat plant will be located adjacent to another new BASF automotive coatings plant which will start operation in the second quarter of 2014. The close proximity of these two plants will allow for more synergies and efficiency.

"With this new resin plant we will be stepping up our commitment to China even further. The new facility, which is literally next door to our new coatings plant, is a key component to further strengthen our local footprint and to respond to our customers even quicker. It will be a world-class resin and e-coat plant using the latest production technology for the manufacturing of advanced coatings," said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific, BASF.

About BASF'sCoatings Division

BASF's Coatings division develops, produces and markets innovative automotive coatings, automotive refinishes and industrial coatings as well as decorative paints. They operate sites in Europe, North America and South America as well as Asia Pacific. Within this network, they collaborate closely with their customers all over the world. In 2013, the Coatings division achieved global sales of €2.9 billion.

About BASF

BASF is one of the world's leading chemical companies. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. They combine economic success with environmental protection and social responsibility. Through science and innovation, they enable their customers in nearly every industry to meet the current and future needs of society. Their products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF


FEICA 2018 European Adhesive and Sealant Conference and EXPO
Channel Alerts

Receive weekly digests on hot topics

Back to Top