Markets :: Specialty Chemicals :: Paints and Coatings
BASF opens €50-million automotive coatings plant at Shanghai
8:48 AM MDT | July 24, 2014 | Natasha Alperowicz
BASF Shanghai Coatings, a joint venture between BASF Group and Shanghai Huayi Fine Chemical, today inaugurated its automotive coatings plant at the Shanghai chemical industry park. The €50-million ($67.2 million) facility expands the company’s automotive coatings capacity, strengthening the company's presence in China and its position as a leading coatings supplier to the automotive industry. “BASF is the leading chemical partner for the automotive industry. This investment further signifies our commitment to our automotive customers...
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