BASF has announced plans to build two new ready-to-mold feedstock facilities for Catamold®, in the Asia Pacific region. BASF will set up a new Catamold production facility at its Kuanyin site in Taiwan.
The new plant will have an annual production capacity of more than 5,000 tons and will start-up in the second half of 2013. In addition, BASF has opened a new technical service lab for the company’s MIM feedstock business in Shanghai, China. The new technical service lab for Catamold is located within BASF’s Innovation Campus Asia Pacific in Pudong, providing technical support as well as customer training.
Currently, the region Asia Pacific represents approximately 50 per cent share of the global MIM market.
“At BASF, we expect that this share will increase to 60 per cent by the year 2020,” said Vice President of BASF’s Metal Systems Business Unit, Stefan Koser. “The Asian market is therefore one of the major growth drivers for our Catamold business. The investment shows our strong commitment towards the Metal Injection Molding Industry in Asia and will enable further substantial growth potential for this technology.”
