SHANGHAI, CHINA: BASF Shanghai Coatings Company Limited is investing in a new basecoat plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant will increase the company’s local production capacity for basecoat by 13,500 tonne per annum. The new coatings plant is planned to start production in the first half of 2014. The investment represents an important step to strengthen BASF’s position as a leading coatings supplier to the automotive industry in China.
“In China, BASF has been supplying coatings reliably to international and domestic car makers for more than 15 years. Our investment in additional local coatings production facilities reflects our commitment to address the current and future needs of our automotive customers in this dynamic market,” said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific at BASF.
“With our latest technologies, innovative coatings solutions and processes, we will continue to invest in strengthening our infrastructure to support the growing automotive industry in China,” Fischer continued.
BASF Shanghai Coatings Company Limited is a joint venture with 15 years of successful partnership between BASF and Shanghai Coatings Company Ltd. The joint venture is already running a production facility in the district of Minhang in Shanghai.
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