SEOUL, South Korea – BASF is establishing a technical center in Korea that will develop advanced eco-friendly coatings technologies for the automotive industry. BASF and the Gyeonggi Provincial Government of the Republic of Korea (GGPG) signed a memorandum of understanding to confirm the collaboration in constructing this center.
The Coatings Technical Center will be located at the Gyeonggi Techno Park in Ansan City, Gyeonggi Province, South Korea. In the center, BASF plans to conduct research and development of eco-friendly waterborne coatings for use by automotive OEMs as well as the technology for integrated coating process, which yields more cost-efficient results. The GGPG pledges to provide all the necessary support required to facilitate a seamless establishment and operation. The center will be in operation by mid-2010.