- BASF is investing €7 million to expand resin production at its Münster site.
- The investment will improve environmental performance with better heating techniques.
- Completion is scheduled for 2016.
- A new resin plant is also being built in Shanghai to meet demand in Asia Pacific.
Investment and Expansion
BASF is investing approximately €7 million to expand and optimize resin production at its Münster site. This expansion aims to support the company's growth plans by increasing production capacity and enhancing competitiveness.
Environmental Improvements
The investment will also lead to significant improvements in environmental performance. A better heating technique will increase energy efficiency for heat generation and exhaust gas combustion.
Timeline
The expansion project is scheduled to be completed in 2016. This timeline aligns with BASF's broader strategy to meet future market demands.
Global Developments
In addition to the Münster site expansion, BASF is constructing a new resin plant in Shanghai. This new facility aims to meet the growing demand for automotive OEM coatings in the Asia Pacific region.
Resin Applications
Resins produced by BASF are crucial components in industrial and automotive OEM coatings, as well as automotive refinish products. They serve as binders, contributing to adhesion, gloss, scratch resistance, corrosion protection, and weather resistance.
