BASF Invests in Resin Production at Münster Site
MÜNSTER, Germany - BASF is investing around €7 million to expand and optimize the resin production at its Münster, Germany, site. Resin is an important intermediate for the production of all paint materials, and the capacity expansion supports the company’s plans for growth.
The investment in resin production will result in an expansion of the production capacity and, thanks to a better heating technique, it will also contribute to a significant improvement in environmental performance. The energy efficiency for heat generation and the exhaust gas combustion will be increased.
The investments are scheduled for completion in 2016. At present, BASF is also building a new resin plant in Shanghai to meet the growing demand for automotive OEM coatings in Asia-Pacific.