BASF Coatings and Toyota Motor Europe have signed an agreement to develop the Toyota Body & Paint program for Europe, building the foundation for a long-term strategic collaboration between the two companies for Toyota and Lexus brands. The partnership takes advantage of the premium automotive refinish solutions under the Glasurit and R-M brands in the […]
BASF Reported to Start Process to Sell Coatings Business
Sale expected to attract interest from other coatings companies along with private equity firms. BASF is reported to have started the process to sell its coatings business that could value the business unit at €6 billion ($6.8 billion) that produces automotive OEM and refinish coatings along with decorative paints. As CollisionWeek reported in February, BASF […]
Auto Body Supplies and Paint Named BASF ColorSource Jobber of the Year
The Automotive Refinish division of BASF Coatings presented the 2025 Jobber of the Year award to Auto Body Supplies and Paint (ABSAP) at the ColorSource Conference recently held in Clearwater, Fla. “ABSAP has been a vital partner for BASF in the northeast for over 30 years. Their year-over-year growth and expansion to new locations is […]
BASF Coatings Expands Biomass-Balanced Products Offering to North America
BASF Coatings is expanding its biomass-balanced product line into North America in 2025, following successful launches in Europe and Asia. The move is part of the company’s sustainability strategy focused on reducing CO2 emissions and supporting circular economy principles. The company currently offers approximately 250 biomass-balanced products across three regions and three business areas, including […]
BASF Coatings Launches Enhanced Digital Color Solutions for Body Shops
BASF Coatings has expanded its cloud-based Refinity platform with new color identification technology for automotive refinish customers. The platform integrates digital business, training, and color solutions for body shops worldwide. The company has introduced a new spectrophotometer called ScanR, which can take five measurements in 30 seconds. The device includes automatic Vehicle Identification Number and […]
BASF Coatings Launches Sustainability Target Framework
BASF Coatings has implemented its Sustainability Future Target Picture, a framework designed to guide sustainable practices across the coatings industry. The initiative focuses on six key action areas aimed at transforming the company’s approach to sustainability. “Our Sustainability Future Target Picture is not just a concept; it’s a call to action for everyone in the […]
BASF Renews Exclusive Global Partnership with WorldSkills International for Automotive Refinish
BASF Coatings has renewed its exclusive Global Industry Partnership with WorldSkills International for the car painting skills category. Through its premium paint brand Glasurit, BASF will continue supporting young car painters worldwide. “We are proud to continue to support the young talent taking part in WorldSkills to develop their skills and also attract new talent […]
BASF Coatings and EV-Maker NIO Agree on Automotive Coatings Partnership
BASF Coatings, a leading global supplier of innovative coatings solutions, and NIO, a global smart electric vehicle company, have announced the signing of a Letter of Intent (LoI) aimed at establishing a strategic partnershipfocusing on automotive exterior coatings for NIO’s electric vehicles. The agreement lays out the framework for ongoing discussions between the two companies, […]
BASF to Sell Brazilian Decorative Paints business to Sherwin-Williams for $1.15 Billion
Will explore strategic options for remaining coatings activities in second quarter including automotive OEM and refinish. BASF and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction is structured […]
BASF Coatings Named a BMW Group Preferred Paint Brand
Glasurit and R-M among BMW Group’s preferred paint brands for its aftersales network in more than 50 markets. BASF’s Coatings division announced that BMW Group has selected the premium refinish brands Glasurit and R-M among their preferred paint brands for its aftersales network. This strategic partnership includes 50 markets where BMW Group is not present […]
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