Mortara, Italy – April 22, 2014 – Through investments in the local facilities BASF enhances the competitiveness of the photoinitiator production in Mortara, Italy, and strengthens the site in the long term. In 2014, BASF invests €4 to 6 million in its facilities in order to ensure the highest standards of safety and environmental protection and to improve the efficiency of the production lines. In addition, BASF extends its production of photoinitiators in Mortara.The site is one of the largest in the world for the production of photoinitiators.
The development, production and marketing of photoinitiators are a core business of BASF. BASF has built up a leading position in the UV coatings and inks market, with a strong portfolio comprising photoinitiators, light stabilizers, formulation additives and UV resins supported by intensive technical service. Added in very small quantities,photoinitiators speed up the drying process for UV curable coatings, inks and adhesives by triggering chemical reactions upon exposure to UV light.
About BASFBASF 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 about €74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.
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