BASF starts polymer dispersions plant in Malaysia
The new plant will focus on a variety of acrylic base polymer dispersions for decorative coatings, construction and adhesive industries, serving the entire Asia Pacific region
BS B2B Bureau B2B Connect | Pasir Gudang, Malaysia
This wholly-owned BASF production plant will benefit from close proximity to raw materials such as the acrylic monomer complex at BASF Petronas Chemicals in Gebeng, Kuantan. Local production in Malaysia will enable BASF to better respond to the fast-changing market situation in Asia Pacific.
“The plant is built with BASF’s advanced production technology, which can accommodate a broad spectrum of acrylic products that are being developed in our Asia Technical Center in Shanghai, China. These cutting edge products with tailored properties can be made in this versatile production facility, addressing the increased customers’ requirement,” said Jeff Knight, senior vice president, dispersions and pigments, Asia Pacific, BASF.
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This investment represents another milestone in the implementation of BASF’s Asia Pacific strategy. By 2020, BASF aims for local production of approximately 75 percent of the products it sells in the Asia Pacific region in order to intensify its collaboration with and strengthen its supply position to customers in Asia Pacific. To achieve this, BASF is investing Euro 10 billion together with its partners from 2013 to 2020 to further develop its local production footprint in Asia Pacific.
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First Published: Jan 30 2015 | 12:32 AM IST