24.04.2015 • NewsDede WillamsBASFCoatings

BASF in Chinese Automotive Refinish Coatings Deal

BASF's Coatings Division has signed a manufacturing agreement with Guangdong Yinfan Chemistry Co, a Chinese firm that recently opened a new production facility at Jiangmen City, Guangdong Province.

Under the agreement, Yinfan will manufacture automotive refinish coatings, targeting the non-premium segment, for BASF at the new plant, using the German chemical giant's formulas and technologies.

"Establishing a reliable, regional manufacturing footprint for automotive refinish coatings is important for fulfilling the growing market demands," said Peter Fischer, senior vice president, Coatings Solutions Asia Pacific at BASF. Partnering with Yinfan "supports BASF's ambitious plan in this fast-growing market," he added.

Qingtao Zhang, Chairman of Yinfan, said his company is "fully committed to meeting the stringent quality requirements of BASF in automotive refinish coatings."

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.