BASF is further strengthening its production footprint in Asia Pacific with the start-up of a second production line for hexamethylene di-isocyanate (HDI) based polyisocyanates in Caojing, China. BASF has been operating an aliphatic isocyanates plant at the same site since 2006. This wholly-owned BASF production plant will benefit from close proximity to raw material and largest market for aliphatic isocyanates in Asia. Its advanced production line will ensure safe and efficient operations, with the flexibility to adapt to new customer requirements.
“The start-up of this second production line will enhance supply security and flexibility to meet the growing market demand for high performance resins. It will also enable us to make timely adjustments to our product portfolio, in response to the fast-changing market situation in Asia Pacific,” said Jeff Knight, Senior Vice President, Dispersions & Pigments, Asia Pacific, BASF.
The new production line will focus on the production of biuret and isocyanurate under the BASF brand Basonat, for all transportation coating segments (Original Equipment Manufacturer, refinish and parts) industrial coatings and adhesives as well as serving the entire Asia Pacific region.
This investment represents another milestone in BASF’s Asia Pacific strategy. By 2020, BASF aims for local production of approximately 75% of the products it sells in the Asia Pacific region in order to intensify its collaboration with and strengthen its supply position to customers in Asia Pacific. To achieve this, BASF is investing ?0 billion together with its partners from 2013 - 2020 to further develop its local production footprint in Asia Pacific.
The Dispersions and Pigments division advances its customers’ formulations, leveraging its industry expertise and comprehensive portfolio. The division produces raw materials such as pigments, resins, additives, polymer dispersions for adhesives, fiber bonding and construction chemicals which are used in the industries of coatings and paints, printing & packaging, construction, adhesives and electronic displays. In line with the BASF corporate values, the division fosters innovation and drives sustainable solutions for the customers and industries that it serves.
BASF, creates chemistry ? and has been doing so for 150 years. The companys portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As one of the world’s leading chemical company, we combine economic succes
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