BASF completes acquisition of Guangdong Yinfan Chemistry
“Together with Yinfan’s team, we have started the integration process. Our approach is very customer- and employee-focused,” said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific. “Our goal is to ensure business continuity and make Yinfan an integral part of BASF, leveraging technology, product portfolio and unique industry expertise of both companies.”
BASF is a global supplier of automotive coatings. The acquisition enables BASF’s Coatings division to broaden its automotive refinish portfolio in Asia Pacific by adding the Yinfan line of products to its successful global brands.
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.