07.01.2014 • NewsBASFCoatingsKunststoffe & Polymere

BASF Wins F&S Awards for Coatings Portfolio

BASF has won the 2013 Product Line Strategy Leadership Award of Frost & Sullivan for its coatings raw material portfolio. The international consultancy said the Ludwigshafen, Germany-based group - world's largest chemical producer - "has demonstrated strong growth by improving portfolio breadth, formulation expertise and customer value to enhance brand recognition while at the same time restructuring to enhance R&D and project management."

Frost & Sullivan added that BASF's strategic acquisitions have "dramatically improved" its coatings raw materials portfolio and allowed it to position itself as a provider of complete coatings solutions rather than pure raw-material chemistry. Although the German player's rivals offer a broad range of products, they do not provide equivalent formulation expertise and also lack a presence in the downstream market, the consultants said.

Noting also that the market "continues to shift away from using high-solvent coatings," Frost & Sullivan industry analyst Roland Heinze said BASF is leading the conversion by replacing alkyds with acrylic dispersions.

The group's coatings portfolio now includes polyurethane, acrylic, melamine and UV-convertible resins, along with light stabilizers, photo initiators, grinding resins, formulation additives and pigments.

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22.04.2025 • News

BASF Divests Two Joint Ventures in China

BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd.