BASF establishes 2 subsidiaries in Europe to cater to growing PU demand

08-Jul-08

As the leading supplier of polyurethane (PU) system solutions worldwide, BASF is further expanding its global network. With the establishment of two System Houses in Poland and Slovakia by the subsidiary Elastogran, BASF will meet the demand of the rapidly growing markets in Central and Eastern Europe. BASF is already the leading provider of PU specialties in these markets with sites in Hungary and Russia. Just like all other System Houses the new sites will also have local production, sales and development units to provide fast and competent service to their customers. The market for PU systems in the Czech Republic and Slovakia is currently growing at rates of over 7%. The sustained demand is mainly driven by the automotive industry. In 2009 BASF will start local production and development of PU systems in the new System House near Bratislava thus further extending its leadership in this market. In Poland BASF is also the market leader for polyurethane system solutions and the expected growth rates of up to 7% over the next few years are mainly achieved in the construction, cooling appliances and automotive industries. The new System House in Posnan will be commissioned in 2010. BASF has recently established a System House in Dubai and is planning further investments in the PU system business.