BASF Coatings to invest €11m in German R&D laboratory

19 May 2010 17:55  [Source: ICIS news]

TORONTO (ICIS news)--BASF Coatings plans to invest €11m ($13m) to upgrade the research and development laboratory at its production hub in Munster-Hiltrup, Germany, the company said on Wednesday.

The laboratory is focused on coatings for the automotive and construction markets, BASF said.

The investment, which is to be spread over three years to 2013, would further strengthen BASF’s coatings production at Munster, said Helmut Rodder, the site’s general manager.

Last year, BASF Coatings opened a new “refinish competence centre” for automotive repair coatings at Munster.

($1 = €0.82)

For more on BASF and other producers visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Stefan Baumgarten
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly