7. BASF Coatings
Münster, Germany (global headquarters)
Southfield, MI (North American headquarters)
CEO/President: Dirk Bremm
Coatings Sales: Approx. $4.4 billion (€3.856 billion)
BASF Coatings, a division of BASF SE, is a global expert in the development, production and marketing of automotive OEM and refinish coatings, decorative paints, and applied surface treatments for metal, plastic and glass substrates in a wide range of industries. BASF shares skills, knowledge and resources of interdisciplinary and global teams for the benefit of customers by operating a collaborative network of sites in Europe, North America, South America and Asia-Pacific. Part of BASF’s Functional Materials & Solutions segment, BASF Coatings achieved sales of approximately $4.4 billion in 2018.
Parent Company: BASF SE
Source: Annual report, press releases, company website
Notes: In February 2018, BASF’s Coatings division launched new product lines in Europe for its Glasurit® and R-M® refinish paint brands that make automotive refinishing more sustainable. The Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand, is investing in a surface treatment site in the Dushan Port Economic Development Zone of Pinghu, Zhejiang Province, China. With completion planned for 2021, the site will house production, warehousing, a state-of-the-art laboratory and administrative offices. Also in 2018, BASF’s Coatings division opened a new laboratory for automotive OEM coatings at its site in Münster, Germany.
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