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    Home > Coatings News > Paints and Coatings Market > BASF's Thailand plant expands capacity for water-based and solvent-based coatings

    BASF's Thailand plant expands capacity for water-based and solvent-based coatings

    • Last Update: 2021-07-24
    • Source: Internet
    • Author: User
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    Global Coatings Network News:

    BASF will build a new manufacturing plant in Bangkok, Thailand, in order to expand its water-based and solvent-based coatings production capacity.

    Global Coatings Network News:

    The newly added manufacturing plant is a supplement to the ASEAN Coating Technology Competence Center that was put into use in September 2015.
    It will include a product development laboratory, performance testing, color design and a mass production workshop.
    This expansion will better meet the needs of the growing automotive industry in the ASEAN region.

    According to Peter Fischer, Senior Vice President of BASF's Asia Pacific Coatings Solutions Division, “The continuous expansion of the automotive industry market in the ASEAN region has important strategic significance for the development of BASF's coatings business in this region.
    Realizing the potential of the ASEAN region, for more than ten years, We have been actively expanding the automotive coatings industry, especially Thailand, which has always been our firm foothold.
    This mission has also made us the number one motorcycle coating supplier in Thailand.
    Not only in the motorcycle field, we are also accelerating the automotive industry.
    The investment in the field aims to best serve customers with high-quality, efficient and stable coating solutions.

    It is reported that in 2015, the total annual automobile production in the ASEAN region was 3.
    8 million vehicles.
    Thailand is the center of the region and represents the largest coatings market in ASEAN, followed by Indonesia and Malaysia.

    BASF Coatings Division is a global expert in the fields of innovative and stable vehicle coatings, automotive repair coatings, industrial coatings and decorative coatings, providing advanced performance solutions and designing new applications to meet the various needs of partners around the world.
    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network
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