Mr Moon-Soo Kim, Governor of GGPG, said, We appreciate the value BASF brings forth to the automotive industry in Korea. BASF s coatings technologies provide our automotive industry with more sustainable options and, by increasing cost-efficiency in production, helps our automakers to be more competitive. We are happy GGPG plays a part in helping to address the needs of Korea s automotive industry.
BASF s Coatings Technical Center will be in operation in mid-2010. "The establishment of the facility in Korea is an important step to further strengthen our international technical network and the capability to support the business of our customers in Korea and globally, remarked Mr Raimar Jahn, President of BASF Group s Coatings Division, at the signing ceremony. It aims to research and develop sustainable and customized coating materials and technology to cater for each customer s specific needs, thereby increasing the customer s competitive edge, Mr Jahn added.
In waterborne coatings, water replaces the majority of the organic solvents that solventborne coatings contain. The resulting reduction in solvent emissions means a considerably lower impact on the environment a huge advantage of the technology. The development and use of the innovative Integrated Process will shorten the car body coating process and thus saves time and resources.
