Known to be of German origin and largest producer of chemicals in the world, BASF SE (Baden Aniline and Soda Factory) was founded in 1865 at Manheim. With joint ventures and subsidiaries in more than 80 countries, BASF has managed to carve a niche in the business sector. Now, this German Company has announced its exclusive plans for coming up with its very first manufacturing unit in Myanmar. This plan was consecrated in the wake of meeting growing demands for chemicals understanding the customer’s need. The plant will be developed extensively for the betterment of other client companies.
BASF’s manufacturing plant will be positioned in Yangon, which has been famed as the commercial capital of Myanmar. The information released by the company states that the plant will be ideally designed for manufacturing custom-based construction chemical solutions. This decision was taken to fulfil the needs of local building market through the company’s Master Builders Solutions Portfolio. BASF has n over of decades experience in serving chemical needs of the clients. The company has always an efficacious track record in assisting major building and organization projects in Myanmar like that of Thilawa Special Economic Zone, Yeywa hydropower dam, Myingyan steel mill as well as others.
The company professionals have promised that they will apply their experience for the better development of Myanmar’s Chemical Industry. They also stated that the development of the unit’s progress is excessively depends on Myanmar regulatory approvals. Further to this, the German company has managed to open its functional office in Myanmar already for channelizing the functional process. Well, talking about the company’s Construction Chemicals Division, it is aimed at providing contemporary chemicals solutions for new structure, maintenance, revamp as well as repair of structures. In this wake, the opening of new section in Myanmar will surely be directed in helping clients to carry out their production tasks efficiently.
The BASF Company’s portfolio exhibits about solid admixtures, chemical solutions for subversive construction, waterproofing mechanisms, cement additives, performance grouts, sealants, performance flooring systems, and wood defence solutions. Considering the factor of customers, it has a network spread in over 200 countries and delivers products to a varied range of industries. Certainly, BASF’s Construction Chemicals department functions manufacturing sites and sales sections in more than 50 countries on universal front. BASF is also registered on the Frankfurt Stock Exchange, London Stock Exchange and even Zurich Stock Exchange.