BASF Shanghai Coatings, a subsidiary of the German chemical company BASF, has started construction of a new automotive coatings plant at the Shanghai Chemical Industry Park in China.
Scheduled to start production in early 2014, the new production plant is expected to support the company's existing plant in Shanghai, which has been operating for over 15 years.
BASF Asia Pacific president Dr. Albert Heuser said, "This investment helps demonstrate BASF's commitment to addressing these needs and supporting the dynamic growth of China's automotive industry a s the number one supplier from the chemical industry.
BASF Coatings Solutions Asia Pacific senior vice president Peter Fischer said: "We will continue to invest and expand our automotive coatings production capacity, providing coatings solutions according to the latest and most environmental friendly manufacturing processes and technologies."
According to the company, the investment in the new plant will strengthen its position as coatings supplier to the automotive industry in China.