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BASF to Open First Plant in Myanmar

BASF is planning its first manufacturing plant in Myanmar in 2017. Subject to Myanmar regulatory approvals, the plant to be located near Myanmar’s commercial capital, Yangon, will be designed to produce tailor-made construction chemical solutions for the local building market from BASF’s Master Builders Solutions portfolio.

BASF opened its service office in Yangon in September 2015. Through local Myanmar distributors, BASF has been offering solutions to Myanmar customers for the past ten years, including concrete admixtures, construction systems and mining chemicals. “As Myanmar’s construction industry grows more sophisticated in its scope, which includes high-rise buildings, roadways and bridges, the requirement for high-quality technical and construction chemical solutions will increase. BASF has a successful track record in supporting major building and infrastructure projects in Myanmar such as Thilawa Special Economic Zone, Yeywa hydropower dam, Myingyan steel mill, etc. We can draw on our decades of experience in the region and around the world to support Myanmar’s development in this important sector,” said Christian Mombaur, head of the BASF Construction Chemicals division’s regional unit in Asia.

BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS).