The agreement called for BASF to set up a coatings technical center at the Gyeonggi Techno Park in Ansan City, Gyeonggi Province, with the support of
GGPG. In this technical center, BASF plans to conduct research and development of eco-friendly waterborne coatings for use by automotive OEMs as well as the technology for an integrated coating process, which yields more cost-efficient results.
BASF will set up a coatings technical center at the Gyeonggi Techno Park in Ansan City, Gyeonggi Province, with the support of GGPG. In this technical center, BASF plans to conduct research and development of eco-friendly waterborne coatings for use by automotive OEMs as well as the technology for an integrated coating process, which yields more cost-efficient results.
"We appreciate the value BASF brings forth to the automotive industry in Korea," said Moon-Soo Kim, governor of GGPG. "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.