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You are here: Home / News / NOF Corporation and BASF Coatings Form Coatings Joint Venture in Japan

NOF Corporation and BASF Coatings Form Coatings Joint Venture in Japan

December 10, 1999 By CollisionWeek Editor

BASF Coatings Division announces continued growth

NOF Corporation and BASF Coatings AG have agreed to conduct a feasibility study for joining their entire coatings business in Japan and signed a Letter of Intent hereto. The partners intend to complete the feasibility study by March 2000.

BASF logoNOF and BASF are currently operating two joint ventures in Japan: BASF Nichiyu Coatings R&D Co., Ltd., specialized in research and development of automotive OEM coatings, and Nippon R-M Co., Ltd., specialized in sales and marketing of automotive refinish paints. NOF and BASF intend to optimize these two joint ventures and include them together with

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Filed Under: News Tagged With: BASF, Japan, Joint Venture, NOF Corporation

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