Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 BASF Receives Frost & Sullivan Award for Resins for Protective Coatings - Coatings World

What are you searching for?

Sign in
Industry News

BASF Receives Frost & Sullivan Award for Resins for Protective Coatings

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

BASF receives the 2013 Product Line Strategy Leadership Award from Frost & Sullivan based on a recent analysis of the European resins for protective coatings market. The award recognizes the extent to which the product line meets customer base demands, the overall impact it has in terms of customer value as well as increased market share.

BASF’s strategic acquisitions improved its coating raw materials portfolio and gave it access to many important technologies. “Due to our combined know-how in the field of resins, pigments and additives, we are able to support our customers in formulation and processes,” said Ulf Neidlein, Vice President Business Management Resins & Additives, Europe. “This allows us to be seen as a provider of complete coatings solutions rather than pure raw-material chemistry.”

BASF’s current approach to product portfolio development is based on market trends. “The market continues to shift away from using high-solvent coatings, and BASF is leading this conversion by replacing alkyds with acrylic dispersions,” said Frost & Sullivan Industry Analyst Roland Heinze. “The company also looks to replace other conventional technechnologies to the greatest extent possible with more sustainable ones in order to grow faster than the market.”

The company’s extensive portfolio of coating raw materials translates to a wide variety of applications – not only protective coatings but also printing and packaging, furniture and flooring, automotive, and general industry.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters

Topics