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BASF Plans New Automotive Application Center for Asia Pacific

The center is planned to open by end of 2018.

BASF (No. 25 on the DiversityInc Top 50 Companies list) announces its investment to build its first regional Automotive Application Center in Asia Pacific, to be located at the BASF Innovation Campus Asia Pacific (Shanghai), China. Start of operations is planned for the end of 2018, pending relevant approvals by authorities.


As an integrated part of BASF's existing research and development (R&D) facilities for coatings solutions within the Innovation Campus, the €33.7 million investment will include an automotive application center – equipped with a state-of-the-art spray booth for electrostatic applications, a physical testing lab, and the 3-D robot – as well as process catalyst research and development laboratories. These facilities, occupying a combined floor space of 5,000 square meters, are designed to enable customer oriented R&D activities, and perform an accurate simulation of OEM paint shops.

With 48.6 million light vehicle units produced in 2016, Asia Pacific is by far the world's largest automotive market, covering 52 percent of global production. China is already the world's largest car producer, with 27 million light vehicle units produced in 2016.[1] "This investment is a significant milestone in our effort to strengthen our R&D footprint in Asia Pacific and improve our proximity to customers in the fastest growing region for our automotive coatings solutions," said Dirk Bremm, President, Coatings division, BASF. "With this new automotive application center, we aim not only to continue our successful investment in automotive OEM coatings in China, but also to address long-term competitiveness in this important automotive market."

"Our R&D capabilities in Asia Pacific will be further strengthened by integrating the new facilities and teams at the Innovation Campus in Shanghai," said Harald Lauke, President, Advanced Materials & Systems Research and Regional Research Representative for Asia Pacific, BASF.  "Technology leadership is a key enabler to support growth in China and to increase our competitiveness in the long run."

In addition to the new facilities for automotive coatings solutions, this investment also includes the new Process Catalyst R&D Center, focusing on the development of new process catalyst to meet specific needs in Asia.  With strong research competencies in catalyst preparation, scaling up and performance evaluation, this R&D Center will further strengthen the collaboration with partners in the region, and provide support to BASF's world-scale process catalyst manufacturing site which is under construction in Caojing, Shanghai.

The 3-D robot can simulate nearly any situation at a paint line anywhere in the world, which enables the new center to optimize application processes and products.  It can apply the automotive coatings not only on horizontal and vertical surfaces, but also on three-dimensional objects, for instance, car doors and bumpers. The 3-D robot will allow BASF to develop new products for its automotive customers, and will also provide design solutions for OEM products as well as new developments specifically to the automotive coatings industry. The application unit of the robot consists of control software which is specifically designed and developed only for BASF. The 3-D robot will be in housed in a large state-of-the-art spray booth and will have its own oven room.

​BASF Pioneers Fashion Revolution with Seven Crash and San Fang at New York Fashion Week

Showcase of futuristic urban streetwear made with BASF's innovative material solutions.

Originally Published by BASF.

Fashion label Seven Crash unveiled its innovative 'Quantus' collection of unlimited possibilities with its futuristic urban streetwear outfits at the Autumn/Winter New York Fashion Week 2019. The collection, designed in collaboration with chemical company BASF and downstream fabric maker - San Fang, pushes the boundaries in fabric innovation to enable fashion-forward designs and functionality.

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BASF Recognized as Global Leader in Corporate Climate Action and Water Security

BASF's climate strategy contributes to achieving the United Nations Sustainable Development Goal 13 "Climate Action."

Originally Published by BASF.

The international organization CDP (formerly the Carbon Disclosure Project) has awarded BASF a top A rating in the 2018 Climate Change List. Each year, more than 7,000 companies disclose the environmental impacts, risks and opportunities associated with their business activities to CDP for an independent assessment. CDP represents more than 650 investors with over $87 trillion in assets and 115 major purchasing organizations with $3.3 trillion in purchasing power. BASF has participated in CDP's program for reporting on data relevant to climate protection since 2004.

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BASF Co-Founds Global Alliance to End Plastic Waste

Nearly 30 companies from the plastics and consumer goods value chain commit over $1.0 billion to help end plastic waste in the environment.

BASF has co-founded a global alliance of nearly 30 companies to advance solutions that reduce and eliminate plastic waste in the environment, especially in the ocean.

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Protected Space for BASF-Employees with Business Idea: The Chemovator

BASF complements existing innovation landscape with a business incubator in Mannheim.

BASF

12 – 24 – 35: These are the most important figures of the Chemovator, the newly founded incubator of BASF.

Up to 12 dynamic Venture Teams have up to 24 months to bring their innovative and chemistry related business ideas to the market. Since August 2018, all BASF employees with ambition to explore entrepreneurship find a new home in the Industriestraße 35 in Mannheim. The Chemovator complements the existing innovation landscape of BASF and grants access to new business segments and growth.

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BASF Starts Production of its Fungicide Innovation Revysol

World's first production site for Revysol is in Hannibal, Missouri.

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Originally Published by BASF.

BASF has started production of its latest fungicide innovation Revysol® at its site in Hannibal. With this new active ingredient, BASF will provide farmers worldwide with a new tool to ensure healthy, disease-free crops for a longer period of time and will strengthen its leading position in fungicides. Revysol is the first fungicide to be produced at the site in Hannibal. Pending regulatory approval, first market introductions are expected for the 2019/2020 season.

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BASF's New Strategy Aims for Both Profitable and CO2-Neutral Growth

Growth above global chemical production targeted, driven by high attractiveness for customers.

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Originally Published by BASF.

"With our new strategy, we are setting BASF on a course for growth," said Dr. Martin Brudermüller at the presentation of BASF's new strategy in Ludwigshafen. The Chairman of the Board of Executive Directors highlighted the positive developments in recent years: "Since 2012, our income from operations before depreciation, amortization and special items has grown on average by 8% per year, considerably faster than the 3% increase in fixed costs per year." BASF's earnings growth thus also outpaced the 3.7% annual increase in global chemical production. Moreover, there was strong development in free cash flow in recent years and a high return on capital employed (ROCE), most recently 15.4%. Above all, the new strategy aims to grow sales and volumes.

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