BASF inaugurates second dispersions production line in Daya Bay, China

• By expanding production capabilities, BASF aims to solidify its position as a leading and trusted provider in China
• Geared to meet market demand, including newly developed industries

Hong Kong SAR, China – May 30, 2024 –  Today BASF celebrates the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving its valued regional customers.

The plant’s strategic location near raw material suppliers shortens delivery lead times. This enhances BASF’s competitiveness and agility in meeting customer needs. With its augmented production capacity, the plant will continue to provide comprehensive support to various industries, including paints, construction, packaging and adhesives.

BASF remains steadfast in its dedication to developing new and cutting-edge products that address the evolving demands in China. Andreas Fechtenkoetter, Senior Vice President, Dispersions Asia Pacific, BASF, elaborated on the company's strategy for expanding production capacity, "Both existing demand and the expansion of our product offerings drive our growth. For instance, in addition to architectural and construction coatings, we have expanded our product portfolio to cater to the battery industry. Our Licity^® and Basonal^® Power products are essential anode binders for lithium-ion batteries. Therefore, expanding our production capacity is crucial to meet the increasing demand for batteries in China and the wider Asia Pacific region. It also elucidates the rationale behind the name change in March, transitioning from BASF Paper Chemicals Huizhou to BASF Specialty Material Huizhou, a move intended to encompass the broader range of product offerings."

BASF's dedication to pushing the boundaries of innovation within traditional industries remains resolute, as exemplified by the pioneering proprietary IO-Hybrid Technology. “This technology goes beyond the product's basic functions, delivering additional benefits to customers and end users. Using interior wall coatings featuring IO-Hybrid Technology enhances opacity, resulting in superior interior design aesthetics, and provides antimicrobial properties within 24 hours. Furthermore, this innovative technology eliminates the need for customers to add in-can biocide to paints, thereby reducing VOC emissions,” said Mirian Tiemi Zanchetta-Sbragia, Vice President, Business Management, Dispersions Asia Pacific, BASF.

Since its establishment in 2012, the Daya Bay plant has played an important role in supporting growth in Southern China. The groundbreaking for its second production line took place in Q4 2022. As of Q2 2024, the new production line is fully operational, further reinforcing BASF's dedication to driving innovation and meeting the evolving needs of industries worldwide.

BASF’s Dispersions & Resins division

The Dispersions & Resins division of BASF develops, produces and markets a range of high-quality polymer dispersions, resins, additives and electronic materials worldwide. These raw materials are used in formulations for industries, including coatings, construction, adhesives, printing and packaging, electronics and paper. With its comprehensive product portfolio and extensive , the Dispersions & Resins division offers its customers innovative and sustainable solutions and helps them advance their formulations. For further information about the Dispersions & Resins division, please visit www.dispersions-resins.basf.com.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.