BASF inaugurates new resin plant in China

BASF inaugurates new resin plant in China

5:15 AM, 13th August 2015
BASF inaugurates new resin plant in China
BASF inaugurates new resin plant in Shanghai, China.

LUDWIGSHAFEN, GERMANY: BASF SE said it has inaugurated its new resin and electrocoat plant at the Shanghai Chemical Industry Park (SCIP) in Shanghai, China. The new plant will further strengthen BASF’s local manufacturing footprint in Asia Pacific and create close to 70 new jobs at the site.

“This plant is a vital addition to our global manufacturing network of high quality coatings. It demonstrates our strong commitment to supporting the automotive industry’s long-term growth in Asia Pacific,” said Markus Kamieth, president of BASF Coatings, during the opening ceremony.

“As part of our Asia Pacific strategy, we aim to produce locally 75 percent of what we sell in Asia Pacific,” said Dr Albert Heuser, president functions Asia Pacific, president and chairman greater China, BASF.

“We will keep on investing in research and development, applications technology and production capacities in Asian markets to fulfil the increasing demands of our customers,” said Peter Fischer, senior vice president, coatings solutions, Asia Pacific, BASF.

The resin plant is fully integrated in the new automotive coatings plant, opened last year, to create more synergies and high production efficiency. The production facilities strengthen BASF’s position as a leading and innovative coatings supplier to the growing industries, notably the automotive industry, in the region, it said.

© Worldofchemicals News



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