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    Breaking News

    BASF Starts Up Plant for Functionalizing Foils at Münster Site

    ...

    BASF Starts Up Plant for Functionalizing Foils at Münster Site
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    07.08.19
    In the presence of the Minister of Economics, Innovation, Digitalization and Energy of the German federal state of North Rhine-Westphalia, Professor Andreas Pinkwart, and Münster’s Lord Mayor Markus Lewe, a plant for coating foils was started up on the BASF company premises in Münster. 
     
    Innovative materials applied layer by layer in an ultra-thin coat give foils additional properties, thus “functionalizing” them. BASF developed the innovative coating technology and the first product – a barrier foil – within a very short time. These barrier foils protect items such as thin-film photovoltaics from harmful environmental stresses. “For these foils, we have joined forces with international partners to develop new applications and are also considering functions beyond barriers,” said Jörg Lenz, head of the “Beyond Paint” business unit.
     
    “The chemical industry is a driver of innovations," Professor Pinkwart said. "It lays crucial foundations and is indispensable for coping with the responsibilities we face. Whether it’s climate change and the energy transition, food for the world’s population or mobility, chemistry’s innovations make progress possible. BASF’s new coatings technology is a good example of this since the foils extend the service life of photovoltaic units.”
     
    With this technology, BASF’s Coatings division is entering a new business area and is tapping into additional market segments. 
     
    “This investment will strengthen the Münster site as the headquarters of the Coatings division and will help it position itself strategically for the future. At the same time, Münster’s significance as an industrial and technical location will increase,” said Mayor Lewe.
     
    Other areas of application for the foils include OLED displays and thin-film batteries.
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      BASF Group: EBIT Before Special Items in Q2 2019 Considerably Below Expectations

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      Outlook for full year 2019 lowered.
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    • 07. BASF Coatings

      07. BASF Coatings

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