BASF is investing around €90 million ($120 million) to set up a world-scale production plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant will produce high performance resins and electrocoat (e-coat). The start-up of the production line is planned for the second half of 2015. The plant will help to address the increasing demand for high quality coatings solutions in growing industries, notably the automotive industry, in Asia Pacific. “The continued investment in our...