BASF announced it has completed the acquisition of Guangdong Yinfan Chemistry Co., Ltd. in China that was announced in April. A new legal entity named ASF Coatings (Guangdong) Co., Ltd. has been established in Jiangmen, Guangdong Province, to take over and further develop Yinfan’s automotive refinish coatings business. “Together with Yinfan’s team, we have started […]
Liberty Mutual Insurance Forms Joint Venture in China
Insurer enters into joint venture for its Chinese insurance operations with Sanpower Group Co., Ltd. Liberty Mutual Insurance and Sanpower Group Co., Ltd., one of China’s leading private enterprises, announced today they have agreed to create a joint venture from Liberty Mutual’s current Chinese property and casualty insurance operations. Sanpower will hold a 51 percent […]
BASF Opens Automotive Coatings R&D Center in Shanghai
BASF expanded its regional research and development (R&D) activities for automotive coatings in Asia with its new BASF Innovation Campus Asia Pacific in Shanghai, China. At these coatings and coating resins laboratories, the company’s R&D team is innovating to address regional automotive customers’ growing demands for high-performance, quality and flexible coatings solutions with a lower […]
NSF Launching Aftermarket Collision Repair Parts Certification Program in China
NSF International announced it is working with Ping An Property & Casualty Insurance Company of China, Ltd. to offer its NSF Aftermarket Automotive Parts Certification program to test and certify automotive aftermarket parts in China. The program was announced in Shanghai, China on July 7 at a joint press conference at held at the NSF […]
CAPA, Intertek and China’s Automotive Technology and Research Center Sign Agreement Fostering Aftermarket Collision Repair Parts Standards
Groups commit to development of high quality certified aftermarket parts in China. The Certified Automotive Parts Association (CAPA) and Intertek, a leading Total Quality Assurance provider to industries worldwide, announced the organizations signed a memorandum of understanding (MOU) with the China Automotive Technology and Research Center (CATARC) yesterday, formalizing their cooperation to encourage the development […]
CAPA to Help Establish Aftermarket Automotive Parts Standards in China
Certified Automotive Parts Association and Intertek Support CAMRA China Certification Initiative for Automotive Parts. The Certified Automotive Parts Association (CAPA) announced that it is making its standards available to the China Automobile Maintenance Industry Association (CAMRA), the organization at the forefront of the aftermarket part certification initiative in China. As the technical partner of CAPA, […]
BASF Acquires Refinish Paint Manufacturer in China
BASF has signed an agreement to acquire the assets of Guangdong Yinfan Chemistry Co., Ltd. in China. With this acquisition, BASF will establish a stronger coatings production footprint by gaining access to a state-of-the-art automotive refinish coatings plant in China. It will also enable BASF to broaden its automotive refinish portfolio in Asia Pacific by […]
Changan Ford Selects R-M as Preferred Supplier in China
R-M, the refinish paint brand from BASF, has been officially appointed by Changan Ford in China to supply R-M ONYX HD premium waterborne paint solutions to their body shops. In light of increasing regulations in China to reduce volatile organic compounds (VOCs) in automotive refinishing, Changan Ford has begun a program to switch from solvent […]
Axalta Becomes Mercedes-Benz Aftermarket Premium Partner in China
Axalta Coating Systems (NYSE:AXTA) has been certified as a “Premium Partner” by Mercedes-Benz aftermarket in China. Under the terms of the partnership designation, Axalta will provide its Spies Hecker Permahyd Hi-TEC waterborne coating products to Mercedes-Benz in China to support its collision repair business. Axalta also will provide color formulas to Mercedes-Benz dealer shops and […]
Axalta Breaks Ground on Asia Pacific Technology Center in Shanghai
Axalta Coating Systems (NYSE:AXTA) commenced construction of its Asia Pacific Technology Center (APTC) that it announced earlier this year. Scheduled to be operational in third-quarter 2016, the regional technology center will be equipped to undertake fundamental research and develop new coating applications, including the latest generation paint formulations, colors, resin development, dispersion technology, spray application […]
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