BASF to establish global headquarters for Dispersions & Pigments division in Hong Kong
BASF plans to establish the global headquarters of its dispersions & pigments division in Hong Kong. As of January 1, 2012, the division head and about 50 global positions, currently located in Ludwigshafen and Basel, will transition to Hong Kong. Transfer of positions will be realized over a period of about 12 months.
“Asia is already the largest market for our division today. We want to further participate in the dynamic growth in that region and beyond. To this end, we want to change the perspective from which we view our customer industries . By forming a global team at an international location we will also further increase attractiveness of BASF as a global employer ,” said Dr. Markus Kramer, President of BASF’s Dispersions & Pigments division.
All employees affected by the transition and who will not move toHong Kong will be offered other positions within BASF. The regional business and production units located in Europe and Asia are not affected by this move.
The portfolio of the Dispersions & Pigments division includes pigments, resins, dispersions and additives such as photoinitiators, light stabilizers and formulation additives. Main customer industries are the coatings and paints industry, as well as the adhesive, printing and packaging industries. The division posted sales of €3.2 billion in 2010.
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Pharmacy_residency
Makhteshim Agan subsidiary LycoRed acquires Buckton Scott Nutrition in the U.S.A.
BBR3464
Soil_cement
Sam Cooper on AI and Big Data in Battery Research
Süd-Chemie reports a marked revival in business activity in 2010 after a slow start to the year - First half of 2010: revenue 6 percent, operating profit (EBIT) 4 percent up on the first half of 2009
