Coatings BASF expands automotive coatings production in China
BASF Shanghai Coatings Company Limited, a joint-venture between BASF and Shanghai Coatings Company is investing in a new basecoat plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant will increase the company’s local production capacity for basecoat by 13,500 tons per year.
The investment represents an important step to strengthen BASF’s position as a leading coatings supplier to the automotive industry in China. Basecoat gives color to and determines the visual impression made by the painted car body.
The new coatings plant is planned to start production in the first half of 2014. It will be designed according to the latest and most environmentally friendly manufacturing processes and technologies. BASF Shanghai Coatings Company Limited is a joint venture with 15 years of partnership between BASF and Shanghai Coatings Company Ltd. The joint venture is already running a production facility in the district of Minhang in Shanghai.
“In China, BASF has been supplying coatings reliably to international and domestic car makers for more than 15 years. As a long-term partner, we have witnessed how China has become a world leader in automotive production,” said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific at BASF. “Our investment in additional local coatings production facilities reflects our commitment to address the current and future needs of our automotive customers in this dynamic market.”