BASF invests in Shanghai resin plant

BASF is investing around €90M to set up a world-scale production plant at the Shanghai Chemical Industry Park in China. The plant will produce high performance resins and electrocoat (e-coat).

Start-up is planned for the second half of 2015. The plant will help to address the increasing demand for high quality coatings solutions in growing industries, notably the automotive industry, in Asia Pacific.

The plant will supply CathoGuard 800, an e-coat, which contains less than one percent solvents.