Sector News

BASF invests $40 million in automotive coatings in North America

June 21, 2017
Energy & Chemical Value Chain

BASF is expanding its automotive coatings production in North America with an investment of nearly $40 million over the next two years. The investments will add capacity to the company’s production plants in Greenville, Ohio, and Tultitlan, Mexico.

“These investments reflect our continued market growth and underscore BASF’s commitment to developing a sustainable production platform that provides customized coatings solutions,” said Chris Toomey, BASF Senior Vice President, Coatings Solutions North America.

A statement from the company says increased waterborne basecoat capacity in Tultitlan and electrocoat emulsion capacity in Greenville will enable BASF to continue to drive innovation through production of state-of-the-art automotive coatings.

In 2016, BASF acquired Chemetall, a supplier of applied surface treatments for metal, plastic and glass substrates in a wide range of industries and end markets. A statement from BASF says that with this expansion in portfolio, the company becomes a more complete solution provider for coatings.

Source: Collision Repair

comments closed

Related News

December 3, 2023

CF Industries completes acquisition of Waggaman ammonia production facility

Energy & Chemical Value Chain

CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.

December 3, 2023

Virent and Johnson Matthey: behind the pioneering technology that enabled the first 100% SAF trans-atlantic flight

Energy & Chemical Value Chain

The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.

December 3, 2023

COP28: Cepsa, C2X eye €1B investment in green methanol plant at Huelva, Spain

Energy & Chemical Value Chain

Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.

How can we help you?

We're easy to reach