BASF to Expand Polyurethane Dispersion Business in Europe
LUDWIGSHAFEN, Germany — BASF announced an investment in the capacity expansion of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30%.
“We want to continue to provide our customers with high-quality polyurethane dispersions and help them grow by ensuring supply reliability. Considering the rising demand for polyurethane dispersions in Europe, this investment underlines our intention to assume a leading position in the business of polyurethane dispersions,” said Frank Hezel, Vice President Resins & Additives EMEA at BASF.
Polyurethane dispersions constitute an important addition to the acrylate dispersions business. By expanding its portfolio in the field of adhesives, parquet flooring, automotive and industry coatings, BASF is making a contribution to the change from solvent-based coating systems to environmentally friendlier and more sustainable water-based systems.