BASF’s Starts First China Coatings Resins Plant
BASF has inaugurated its first world-scale production facility for coatings resins in China. The new plant is part of the German group’s approach to stay close to customers worldwide.
Albert Heuser, president Functions Asia Pacific, president and chairman Greater China at BASF, said that as part of the group’s Asia Pacific strategy, “we aim to produce locally 75% of what we sell in Asia Pacific.”
Markus Kamieth, President of BASF Coatings, said the 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.”
“Together with the automotive coatings plant opened last year, the new coatings unit provides the capacity we need to support its customers’ growth and success”, added Peter Fischer, senior vice president, Coatings Solutions Asia Pacific.
Strategically located next to the new automotive coatings plant within the Shanghai Chemical Industry Park (SCIP), the new resin facility is fully integrated to create more synergies and high production efficiency.