For top-tier coil coatings producers, BASF has stirred the pot by jumping into the market and taking the lead.
The company is betting on what it calls “future coatings” with its $175-million acquisition of the Morton Industrial Coatings business of Rohm and Haas, some 85% of which is all-liquid coil coatings. The deal, finalized in March, positions BASF second, behind Akzo, in the worldwide market, and first in North America.