Sector News

BASF invests $40 million in automotive coatings in North America

June 21, 2017
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

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