PUBLIC COMPANY; YEAR ESTABLISHED: 1865
REVENUE: $4.15 billion t (2018: $4.3 billion)
Automotive OEM; Automotive refinish; Commercial vehicles; Decorative coatings; Surface treatments.
Dirk Bremm, president BASF Group’s Coatings division; Thomas Kloster, SVP Automotive OEM Coatings Solutions EMEA; Chris Titmarsh, SVP Automotive Refinish Coatings Solutions EMEA; Chris Toomey, SVP Coatings Solutions Americas; Marcos Allemann, VP Decorative Paints Solutions South America; Patrick Zhao, SVP Coatings Solutions Asia Pacific; Christophe Cazabeau, SVP Surface Treatment.
BASF Coatings, a division of BASF SE, is a global expert in the development, production and marketing of innovative and sustainable automotive OEM and refinish coatings, decorative paints as well as applied surface treatments for metal, plastic and glass substrates in a wide range of industries. The portfolio is completed by the “Innovation Beyond Paint” program which aims at developing new markets and businesses.
BASF creates advanced performance solutions and drive performance, design and new applications to meet its partners’ needs all over the world. BASF shares skills, knowledge and resources of interdisciplinary and global teams for the benefit of customers by operating a collaborative network of sites in Europe, North America, South America and Asia Pacific.
In 2019, the Coatings division achieved global sales of about $4.15 billion. The company employs 117,000 people globally.
On Sept. 30, BASF acquired a majority share of the internet platform UBench with offices in Turnhout and Geel, Belgium. Both companies have agreed not to disclose financial details of the transaction. The transaction includes UBench International NV, CarRoll BVBA and DLight BVBA. Regulatory approvals are not required.
UBench and its more than 30 employees continuously advance the in-house developed internet platform and manage the service portfolio for various customers in the automotive aftermarket, such as leasing companies, insurance companies, car manufacturers and companies with large fleets.
“The transaction reflects BASF’s strategic and long-term commitment to grow in the refinish business beyond premium paint and to enhance customer experience,” said Dirk Bremm, president of BASF’s Coatings division.
“UBench is a collaborative digital platform business that increases our portfolio by providing service solutions,” said Katja Scharpwinkel, SVP BASF Automotive Refinish Coatings Solutions Europe. “By connecting all players in the automotive aftermarket industry, we strengthen our position in the fast-growing automotive service segment.”
UBench will continue its current activities as a standalone business under the umbrella of the newly established UBench BV.
• BASF doubling the production capacity of automotive refinish coatings at Jiangmen, China site;
• BASF opened Refinish Competence Center in Toluca, Mexico;
• BASF’s Chemetall division completes expansion of its production site in Langelsheim, Germany;
• BASF Spain inaugurates renovated Refinish Competence Center;
• BASF starts up plant for functionalizing foils at the Muenster site;
• BASF enhanced its regional innovation capabilities with new facilities at the Innovation Campus Shanghai, to further strengthen collaboration with the automotive industry
Awards from 2019
“Supply Chain & Quality Improvement," Airbus
“Supplier of the Year," General Motors “Sustainability Partner," GM “Customer First Recognition” in gold, Jaguar Land Rover.
On May 30, BASF kicked off the piling work of the first plants of its smart Verbund project in Zhanjiang, Guangdong, China. This came as another important milestone in the development of the company’s $10 billion investment project since its official commencement in November 2019. The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China market and throughout Asia.
“It only took less than two years since the signing of the first Memorandum of Understanding to the official piling of our first plants. Thanks to the great support from government authorities and local communities, as well as to the continuous efforts of our employees and partners worldwide, the project has been progressing steadily,” said Haryono Lim, senior VP, Senior Project New Verbund Site China, BASF. “We are confident to bring the first batch of ‘Made in Zhanjiang’ products to the market by the end of 2022 as planned.” BASF applies the highest safety standards and will implement a comprehensive smart manufacturing concept at the Verbund site based on cutting-edge technologies. As of today, the project has reached a record of 50,000 safe work hours without a lost-time injury since commencement.