BASF has announced the establishment of a technical center for developing advanced eco-friendly coatings technologies for the automotive industry in Korea. BASF and the Gyeonggi Provincial Government of the Republic of Korea (GGPG) have signed a memorandum of understanding to confirm their collaboration in constructing this center.
BASF is setting up a Coatings Technical Center at the Gyeonggi Techno Park in Ansan City, Gyeonggi Province, with the support of GGPG. In this technical center, BASF plans to conduct research and development of eco-friendly waterborne coatings for use by automotive OEMs as well as the technology for integrated coating process, which yields more cost-efficient results. GGPG pledges to provide all the necessary support required to facilitate a seamless establishment and operation. BASF's Coatings Technical Center will be in operation in mid-2010.
