Ludwigshafen, Germany - BASF has expanded its coatings business in ASEAN (the Association of Southeast Asian Nations), to serve the large coatings markets in the region for motorcycles, industrial coatings, and the automotive industry, the company said 12 Dec.
Eason Point Plc (Thailand) will exclusively produce BASF motorcycle coatings, BASF said.
"We foresee high growth potentials in the regional coatings industry and we are determined to strengthen our position here with high-quality technologies and comprehensive services," said Mutsuo Aoki, group vice president, regional business management BASF Coatings Asia Pacific.
"We have strong confidence in Eason Point as our long-term business partner. Our combined competencies in technology, production and service will create added value to our customers in ASEAN, not only in the motorcycle business but also in automotive OEM and industrial coatings," he added.
BASF manufactures various polyurethane-containing coatings for the automotive and industrial industries. (RD)