In India, BASF has begun production of its first bio-based polyol, Sovermol, in Mangalore. The firm noted that this product serves the fast-growing demand of eco-friendly products for applications in New Energy Vehicles (NEV), windmills, flooring and protective industrial coatings in Asia Pacific. “Asia Pacific is the world’s fastest growing market for NEV and coatings. The Sovermol production facility is strategically located in Mangalore, close to raw materials supply. This will significantly reduce transportation time and contributes to our ambition to bring “best-in-class” products and services efficiently to our customers in Asia Pacific,” said Claus Dallner, Senior Vice President, Global Business Unit Resins and Additives, BASF. Sourced from renewable materials, Sovermol contains zero volatile organic compounds (VOC). Sovermol products are used to produce sustainable coatings and adhesives for various industries, enabling customers to reduce their carbon footprint and to save resources, BASF said.
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Category: Chemicals & Materials