German chemical and biotech giant BASF has started production of its bio-based polyol product in Mangalore, India, the company announced.
Sourced from renewable materials and containing zero volatile organic compounds (VOC), the company’s Sovermol product was suitable for applications in new energy vehicles (NEV), windmills, flooring and protective industrial coatings in Asia Pacific, BASF said on 9 March.
“Asia Pacific is the world’s fastest growing market for NEV and coatings. The Sovermol production facility is strategically located in Mangalore, close to raw materials supply. This will significantly reduce transportation time,” BASF senior vice president, Global Business Unit Resins and Additives, Dr Claus Dallner said.
BASF’s site in Mangalore is the company’s largest production facility in South Asia and produces polymer dispersions, fine chemical catalysts and coatings for the paper, agricultural and automotive industries.