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    Home > Coatings News > Paints and Coatings Market > BASF signed cooperation agreement with Chongqing Bo'ao industry

    BASF signed cooperation agreement with Chongqing Bo'ao industry

    • Last Update: 2019-04-03
    • Source: Internet
    • Author: User
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    March 19, 2019 - BASF and Chongqing Bo'ao Industry Co., Ltd (Bo'ao), a leading auto parts manufacturer, reached a strategic cooperation agreement The two sides will jointly develop polyurethane (PU) system products for the Chinese market Mr Wang Wuyang, chairman of Boao group, said: "we are very honored to cooperate with BASF, our long-term partner, and both sides will jointly explore the application of new Pu system in the field of construction At the same time, the two sides will continue to develop new Pu systems for structural parts in the automotive industry " In the process of cooperation, BASF will be responsible for providing material and technical knowledge, while Boao will be responsible for application and product development In addition, the two sides will jointly promote the application of polyurethane system in the construction industry and seek more market opportunities Andy postlethwaite, global senior vice president of characteristic materials in BASF Asia Pacific, said: "with the continuous growth of the construction industry, the demand for composite materials with excellent heat insulation and impact resistance in the Chinese market is growing, which also puts forward more requirements for the structural application of products." As a leading auto parts manufacturer, Boao has been cooperating with BASF to develop polyurethane materials for automotive seat solutions since 2003.
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