TAIPEI, TAIWAN: BASF Taiwan Ltd and Nagase Wahlee Plastics Corp (NWP) said that the companies have signed a letter of intent to enter into a distribution agreement.
NWP, a specialist in the distribution of high-performance materials, will support BASF’s polyurethane customers in Taiwan. It will also expand BASF’s existing presence in the domestic market with services such as product stocking, repacking and distribution of both polyurethane solutions and injection moulding grades for thermoplastic polyurethanes (TPU).
At the same time, BASF will continue to provide product knowledge, formulating know-how, best-in-class quality management processes and technical service to existing and new customers.
“With NWP’s integrated sales network, we aim to offer more distribution flexibility in the local market. Our broad portfolio of polyurethanes including TPU and TPU adhesives enables us to offer attractive integrated solutions for the domestic market,” said Andy Postlethwaite, senior vice president, performance materials, Asia Pacific, BASF.
Polyurethane is used in a variety of applications such as transportation and furniture, as well as building construction and appliances. It combines outstanding insulation properties with light weight and great design freedom.
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