BASF investing €7 million expanding resin production Munster site in Germany

BASF invests €7 million to expand resin capacity in Munster, Germany

7:24 AM, 22nd January 2014
BASF expanding esin production Munster site in Germany
BASF headquarters in Germany.

LUDWIGSHAFEN, GERMANY: BASF is investing around €7 million to expand and optimize the resin production at its Munster site in Germany. The capacity expansion supports the company’s plans for growth. The investments are scheduled to be completed in 2016. At present, BASF is also building a new resin plant in Shanghai to meet the growing demand for automotive original equipment manufacturer (OEM) coatings in Asia Pacific.

“With this investment, we are primarily strengthening the competitiveness of the Munster site, our resin competence is an important competitive edge and by expanding the resin capacity, we are adapting to the future market development. We will be able to serve our customers more flexibly, especially those from the automotive industry,” said Dr Walter Jouck, Head of Operations Coatings Europe, BASF.

 

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