PRZOOM - /newswire/ -
Ludwigshafen, Germany, 2016/06/06 - BASF is extending its existing production facilities for Laromer® UV/EB acrylates, which are part of BASF’s C3-Verbund system, at its Ludwigshafen site in Germany - Dispersions-Pigments.BASF.com. DE000BASF111
• Investment due to rising demand for high-quality UV/EB acrylates;
• Additional capacities available as of the 3rd quarter of 2016.
By significantly increasing its production capacities, BASF is responding to the rising demand for high-quality UV/EB acrylates and strengthening its position as one of the world’s leading manufacturers of UV/EB resins used as binders for energy-curable coatings and inks. The additional capacities will be available as of the 3rd quarter of 2016.
“We have experienced a considerable increase in global demand for our high-quality UV/EB acrylates over the last few years. This investment is our response to rising demand. The additional capacities will help us increase our supply reliability and show our commitment to provide customers with high-quality UV/EB acrylates,” says Ulf Neidlein, Vice President, who is responsible for BASF’s resin and additive business in Europe.
UV/EB-curable acrylates are one of BASF's pillars of growth. In response to the demand, BASF began setting up additional capacities at its site in Meaux, France early in 2014.
Customers use Laromer® resins as binders to formulate coatings for furniture and flooring, inks and overprint varnishes as well as coatings for plastics and metal substrates. In addition, BASF offers a broad portfolio of complementary resins such as polyisocyanates, dispersions and additives.
About BASF‘s Dispersions & Pigments division
The Dispersions & Pigments (dispersions-pigments.basf.com) division of BASF develops, produces and markets a range of high-quality pigments, resins, additives and polymer dispersions worldwide. These raw materials are used in formulations for coatings and paints, printing and packaging products, construction chemicals, adhesives, fiber bondings, plastics, paper as well as for electronic applications such as displays. With its comprehensive product portfolio and its extensive knowledge of the industry, the Dispersions & Pigments division offers its customers innovative and sustainable solutions and helps them advance their formulations.
At BASF (basf.com), we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).