BASF is investing $9.49 million to expand and optimize the
resin production at its Münster site in Germany, noting
that the capacity expansion
companys plans for growth.
"With this investment, we are primarily strengthening the
competitiveness of the Münster site," said Dr. Walter
Jouck, head of BASF's coatings operations in Europe.
"Our resin competence is an important competitive edge and by
expanding the resin capacity, we are adapting to the future
market development," he added. "We will be able to serve our
customers more flexibly, especially those from the automotive
Resin is an important intermediate for the production of all
paint materials, according to BASF officials.
The investment in resin production will result in an expansion
of the production
capacity and, thanks to a better heating technique, it will
also contribute to a significant improvement of the
environmental performance. The energy efficiency for heat
generation and the exhaust gas combustion will be increased.
The investments are scheduled to be completed in 2016. At
present, BASF is also building a new resin plant in Shanghai
to meet the growing demand for automotive OEM coatings in
The resins produced by BASF are integral components of
industrial and automotive OEM coatings and automotive
refinish products. As binders, they contribute to good
adhesion, gloss and scratch resistance of the coating. Resins
also provide corrosion protection and weather resistance for