BASF constructs production plant for coatings raw materials in China
Worldwide expansion of coatings raw materials business continues
"We will gradually but systematically expand our worldwide business in coatings raw materials with production plants in the regions that count for us", explains Dr. Gerd Löbbert, head of BASF's Performance Chemicals for Coatings, Plastics and Specialties unit. In Europe, BASF is already one of the leading suppliers of coatings raw materials.
Through imports, BASF has continually developed its market share in Asia as well. Construction of the new polyisocyanate plant in Caojing will further improve BASF's position in this region, especially in China, says Löbbert.
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