- In April 2024, BASF’s coatings division launched new low-performance clearcoats and undercoats for the Asia-Pacific region, aimed at improving quality and productivity while significantly reducing CO2 emissions
- In December 2022, BASF introduced vehicle coatings made with renewable materials using a validated biomass balance method, launching the ColorBrite Airspace Blue ReSource basecoat in China after certification by REDcert for the biomass balance approach
- In June 2022, AkzoNobel expanded its presence in Africa by entering into an agreement with Kansai Paint to implement regional automotive remanufacturing coatings, leveraging Kansai Paint’s revenues of approximately 280 million to build a platform for future market growth
- In May 2022, BASF SE expanded its Automotive Coatings Application Center at the Coatings Technology Center in Mangalore, India, enhancing its R&D facilities with state-of-the-art equipment including a high-precision climate-controlled spray booth, electrostatic rotary bell applicators, and an advanced quick connection system for electrostatic applications
- In November 2021, 3M launched its 3M Ceramic Coating, a premium treatment for the Indian automotive and paint industry, developed with advanced technology to provide a premium finish and robust protection while simplifying car care with minimal maintenance requirements
