Thailand: Project Inauguration BASF Launches New Automotive Coatings Production Plant
The plant is the company’s maiden automotive coatings manufacturing facility in ASEAN. The project has been set up to meet the growing market demand in the region.
Bangkok/Thailand – BASF’s Coatings division recently inaugurated a new automotive coatings plant at its Bangpoo manufacturing site, Samutprakarn province in Thailand. The new plant is the first BASF automotive coatings manufacturing facility in ASEAN, and will produce solventborne and waterborne automotive coatings to meet growing market demand in the region.
According to the LMC Automotive Report from November 2017, this year’s total car production in ASEAN is anticipated to reach around 3.9 million. Thailand will account for more than 50 % of this market, representing the largest coatings market within ASEAN, followed by Indonesia and Malaysia. With an increasing number of automotive OEMs (Original Equipment Manufacturers) engaging in production and technology development activities in ASEAN, there is also a growing need for local innovation in coatings solutions and products, as well as a high degree of technical service.
The new production plant in Bangpoo complements the facilities at the Coatings Technical Competence Center ASEAN, which was opened in September 2015 at the same location. The technical center includes a laboratory for product development, high performance application facilities, colour design, as well as a small batch production unit. The co-location of production and technical facilities enables operational efficiency and speed to market. The new plant’s design not only allows BASF to offer customized service, it also has the potential for future expansion and the flexibility to adapt to new production requirements and changing industry trends.