Automotive Coatings BASF Inaugurates New Resin Plant in Shanghai
BASF inaugurated its new resin and electrocoat plant at the Shanghai Chemical Industry Park (SCIP). The new plant will further strengthen BASF’s local manufacturing footprint for the automotive industry in Asia Pacific.
Shanghai/China – Strategically located next to each other at SCIP, the new resin plant of BASF is fully integrated in the new automotive coatings plant to create more synergies and high production efficiency.
“This plant, together with the automotive coatings plant we opened last year, provides the capacity we need to support our customers’ growth and success. We will keep on investing in research and development, applications technology and production capacities in Asian markets to fulfill the increasing demands of our customers,” said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific of BASF. The new facility will create close to 70 new jobs.
“As part of our Asia Pacific strategy, we aim to produce locally 75 % of what we sell in Asia Pacific.“, added Dr. Albert Heuser, President Functions Asia Pacific, President and Chairman Greater China of BASF. During the opening ceremony, Dr. Markus Kamieth, President of BASF Coatings, said: “This 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.”