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Hamina, Finland, 2013/09/10 - BASF now produces its new cost-efficient binders (CEBs) based on styrene-acrylics and styrene butadiene at its site in Hamina, Finland - BASF.com. DE000BASF111
• Products now also available in Northern Europe and Russia;
• Further extension of portfolio planned.
Since 2012, the successful product line has already been supplied primarily to customers in Central Europe from the site in Ludwigshafen, Germany. Now, customers in the Northern European and Russian market can also benefit from the new products. BASF can thus supply the whole European paper industry.
Important pillar for growth
Cost-efficient binders are an important building block in the growth plans of the Paper Chemicals division. Through the development of a new technology, BASF has been successful in reducing the production cost of the binders. With this, paper manufacturers can significantly reduce their chemical costs. BASF will continue to invest in research and development of cost-efficient binders, thus laying the groundwork for the consequent expansion of the CEB portfolio.
“Following the huge success of our cost-efficient binders in Central Europe, we continue to invest in this product line to expand the success story all over Europe. With this, we provide paper manufacturers an additional interesting solution to further reduce their costs,” said Andreas Tuerk, Senior Vice President, Paper Chemicals Europe.
About BASF’s Paper Chemicals division
BASF’s Paper Chemicals division (paper-chemicals.basf.com) offers process chemicals to optimize costs and increase machine efficiency, functional chemicals to lend specific properties to paper, and finishing chemicals to improve the appearance and performance characteristics of printed paper and board. With this comprehensive portfolio, BASF is the leading supplier of paper chemicals worldwide. BASF established Paper Chemicals as a separate division when it acquired Ciba in April 2009. The ISO 9001-certified Paper Chemicals division operates sites in Europe, Asia and the Americas.
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).