Germany's BASF to merge coatings business unit in Japan

11 May 2012 06:05  [Source: ICIS news]

SINGAPORE (ICIS)--German chemicals major BASF said on Friday it will merge its BASF Coatings Japan business with BASF Japan effective 1 October this year.

Upon completion of the merger, BASF Coatings Japan will become the coatings business unit of BASF Japan, the company said in a statement.

Financial details of the merger were not revealed in the statement.

BASF Coatings Japan develops, produces and markets a range of automotive OEM coatings, automotive refinish coatings, as well as industrial coatings.

The company previously said that it will merge its Japan-based BASF Pozzolith business with BASF Japan effective 1 July this year.

BASF Pozzolith supplies a full range of construction chemicals, including concrete admixture products, as well as a variety of building construction materials.

For more on BASF visit ICIS company intelligence

By: Nurluqman Suratman

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