BASF expanded and optimized its resin production at its Munster site in Germany. This capacity expansion of $9.66 million supported the company‘s plans for growth by improving its energy efficiency and environmental performance. It also helped in strengthening the competitive edge of the Munster site.
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In March 2012, the Dow Chemical Company expanded its manufacturing facilities in Jubail Industrial City, Saudi Arabia, to manufacture a range of coating materials for the purposes of domestic use in Saudi Arabia and for its worldwide export business. This deal helped Dow to move closer to their regional customers and realize their regional business objectives in a key growth market for the company.
Moreover, Dow Epoxy, a business unit of the Dow Chemical Company expanded its 30 thousand tons per year liquid epoxy resin (LER) development at its Stade site in Germany. This deal helped DOW in increasing its global liquid epoxy resin capacity by 10.0%. It also improved the reliability of its supply chain and epoxy assets.
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The major participants operating in the Global Rheology Modification Coating Additives Market are BASF SE (Germany), Arkema (France), the Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.A.), and AkzoNobel (Netherlands).
