BASF Expands Automotive Refinish Coatings Manufacturing to Asia-Pacific
LUDWIGSHAFEN, Germany – BASF has inaugurated BASF Coatings (Guangdong) Co. Ltd., its first automotive refinish manufacturing operation in Asia-Pacific, located in Jiangmen, Guangdong Province, China. The new entity was established as BASF completed the acquisition of the automotive refinish coatings business of Guangdong Yinfan Chemistry Co. Ltd.
“With the establishment of BASF Coatings (Guangdong) Co. Ltd., we are better positioned to support our customers by leveraging the well-established distribution network, technology, broaden product portfolio and unique industry expertise from BASF and legacy Yinfan,” said Stephan Kothrade, President Functions Asia Pacific and President & Chairman Greater China, BASF. The products manufactured at the facility broaden BASF’s portfolio of global brands, especially in the rapidly expanding value-for-money segment. The new brands, including Yinfan®, Shancai® and Yindi®, complement BASF’s premium and own value-for-money offer of refinish paint systems and services under the Glasurit®, R-M®, baslac® and NORBIN® brands.