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BASF Boosts Production in China to Meet Automotive Demand
BASFYBasf(BASFY) ZACKS·2025-03-26 11:45

BASF SE's (BASFY) Coatings division has expanded its production capacity at the Caojing plant in Shanghai, China, for polyester and polyurethane resin. Initially set up in 2015 with a capacity of 8,000 metric tons per year, the facility now has more than doubled its production, reaching an impressive 18,800 metric tons annually. This expansion not only reflects BASF’s strategic response to rising market demand but also strengthens its position in the industry.In addition, BASF Coatings is set to enhance its ...