BASF invests €50 million in automotive coatings plant in China

SHANGHAI, CHINA: BASF Shanghai Coatings Co Ltd, inaugurated a new automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China. The expansion of its automotive coatings production capacity with an investment of around €50 million further strengthens BASF’s presence in China and its position as a leading coatings supplier to the automotive industry.

The new automotive coatings plant is located adjacent to another new BASF resin and electrocoat plant which will start operation in the second half of 2015. The close proximity of these two plants with access to facilities of BASF Caojing site and the Shanghai Chemical Industry Park will allow greater synergies and operational efficiency.

“BASF is the leading chemical partner for the automotive industry. This investment further signifies our commitment to our automotive customers and to supporting the dynamic growth of China’s automotive market,” said Dr Andreas Kreimeyer, Member of the Board of Executive Directors, BASF SE.

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