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BASF Inks Deal with IWG Steel

By Jason Lawton | January 13, 2005

BASF Coatings has signed a master agreement with Hayes Lemmerz International Wheel Group (IWG) Steel, a unit that oversees all of the steel wheel manufacturer's purchasing activities outside North America. For the next five years BASF Coatings will be the main supplier for all cathodic e-coats and topcoats used by IWG Steel. In addition to supply, a goal of the accord is to jointly to develop standard technologies for electrocoating and topcoating steel wheels. BASF will supply products to Hayes Lemmerz International Wheel Group sites in Germany, the Czech Republic, Spain, Turkey and India, as well as two additional sites in Turkey and Brazil.