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BASF expands production of waterborne automotive coatings in Brazil

5:36 AM MDT | April 11, 2014 | Deepti Ramesh

BASF says it has invested €2.5 million ($3.47 million) in its Demarchi coatings site, located in the state of São Paulo, Brazil, to expand its capacity to service Brazil’s automotive industry with waterborne automotive coatings. The goal is to meet market demand generated by new car makers setting up their plants in the country and by the trend of using waterborne technology rather than solvent-borne technology, BASF says. In 2013, Brazil was the fourth-biggest car sales market in the world and the seventh-largest car producer globally, BASF...

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