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News Release - BASF Asia Pacific

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<strong>News</strong> <strong>Release</strong><br />

<strong>BASF</strong> expands automotive coatings production in<br />

China<br />

‣ State-of-the-art facility for basecoat production in Shanghai<br />

‣ Supports growth of Chinese automotive industry<br />

Shanghai, China – August 14, 2012 – <strong>BASF</strong> Shanghai Coatings<br />

Company Limited is investing in a new basecoat plant at the<br />

Shanghai Chemical Industry Park in Shanghai, China. The new<br />

plant will increase the company’s local production capacity for<br />

basecoat by 13,500 tons per annum. The investment represents an<br />

important step to strengthen <strong>BASF</strong>’s position as a leading coatings<br />

supplier to the automotive industry in China. Basecoat gives color to<br />

and determines the visual impression made by the painted car body.<br />

Media Contact<br />

Karen Wu (Hong Kong)<br />

Phone: +852 2731 1228<br />

Fax: +852 2731 5645<br />

karen.ng@basf.com<br />

Susan Fan (Hong Kong)<br />

Phone: +852 2731 1260<br />

Fax: +852 2731 5685<br />

susan.fan@basf.com<br />

The new coatings plant is planned to start production in the first half<br />

of 2014. It will be designed according to the latest and most<br />

environmentally friendly manufacturing processes and technologies.<br />

<strong>BASF</strong> Shanghai Coatings Company Limited is a joint venture with<br />

15 years of successful partnership between <strong>BASF</strong> and Shanghai<br />

Coatings Company Ltd. The joint venture is already running a<br />

production facility in the district of Minhang in Shanghai.<br />

“In China, <strong>BASF</strong> has been supplying coatings reliably to international<br />

and domestic car makers for more than 15 years. As a long-term<br />

partner, we have witnessed how China has become a world leader<br />

in automotive production,” said Peter Fischer, Senior Vice President,<br />

Coatings Solutions <strong>Asia</strong> <strong>Pacific</strong> at <strong>BASF</strong>. “Our investment in<br />

additional local coatings production facilities reflects our commitment<br />

<strong>BASF</strong> East <strong>Asia</strong> Regional<br />

Headquarters Limited<br />

Corporate Communications<br />

45F, Jardine House<br />

No 1 Connaught Place<br />

Central, Hong Kong<br />

www.asiapacific.basf.com


Page 2<br />

to address the current and future needs of our automotive customers<br />

in this dynamic market.”<br />

“With our latest technologies, innovative coatings solutions and<br />

processes, we will continue to invest in strengthening our<br />

infrastructure to support the growing automotive industry in China,”<br />

Fischer continued.<br />

<strong>BASF</strong> is the coatings supplier who introduced waterborne basecoats<br />

to China in 2005. It is also the world’s number one chemical supplier<br />

to the automotive industry. The company offers a wide range of<br />

products for use in the automotive industry throughout the value<br />

chain, for automotive manufacturers and suppliers and in customer<br />

service.<br />

About <strong>BASF</strong> Coatings<br />

<strong>BASF</strong> Coatings, the Coatings Division of the <strong>BASF</strong> Group, develops, produces and<br />

markets a high-quality range of innovative automotive OEM coatings, automotive<br />

refinishes and industrial coatings as well as decorative paints. <strong>BASF</strong> has significant<br />

market positions in the Coatings sector in Europe, North America, South America<br />

and the <strong>Asia</strong> <strong>Pacific</strong> region. In 2011 <strong>BASF</strong> Coatings achieved global sales of<br />

almost €2.8 billion. The internet address of <strong>BASF</strong> Coatings is www.basfcoatings.com.<br />

A copy of <strong>BASF</strong> customer magazine Coatings Partner can be<br />

downloaded from www.coatingspartner.com<br />

About <strong>BASF</strong><br />

<strong>BASF</strong> is the world’s leading chemical company: The Chemical Company. Its<br />

portfolio ranges from chemicals, plastics, performance products and crop<br />

protection products to oil and gas. We combine economic success, social<br />

responsibility and environmental protection. Through science and innovation we<br />

enable our customers in almost all industries to meet the current and future needs<br />

of society. Our products and system solutions contribute to conserving resources,<br />

ensuring healthy food and nutrition and helping to improve the quality of life. We<br />

have summed up this contribution in our corporate purpose: We create chemistry<br />

for a sustainable future. <strong>BASF</strong> posted sales of about €73.5 billion in 2011 and had<br />

approximately 111,000 employees as of the end of 2011. Further information on<br />

<strong>BASF</strong> is available on the Internet at www.basf.com or in the Social Media<br />

<strong>News</strong>room at newsroom.basf.com.

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