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BFA Basf Reg

65.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Basf Reg LSE:BFA London Ordinary Share DE000BASF111 BASF SE REG SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 65.75 64.75 66.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Chemetall names Nexeo Solutions distributor in North America servicing the Aerospace, Military and Defense markets.

29/01/2019 10:05am

PR Newswire (US)


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NEW PROVIDENCE, N.J., Jan. 29, 2019 /PRNewswire/ -- The Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand, and Nexeo Solutions, Inc. (NASDAQ: NXEO) announces the expanded distribution relationship, in the United States, to include Chemetall's surface treatment portfolio developed for the aerospace industry.

Chemetall, a leading global one-stop supplier for Aerospace OEMs and maintenance companies, with its well-known line of products including Ardrox® and Naftoseal® brands, offers sealants, non-destructive testing (NDT) products, corrosion inhibitors, cleaners, pretreatments and paint strippers for airframe, aircraft operation and aero-engine applications.

"We are excited to expand our portfolio in the U.S. with Chemetall's product line and technical support," said Jason Sanchez, Business Director of Aerospace and Custom Packaging at Nexeo Solutions. "The Chemetall portfolio complements our existing portfolio by adding specialty cleaners, corrosion protectants, surface preparation, and sealants, supporting our continued focus in the aerospace, military and defense markets. Together, we are expanding and leveraging the strength of our distribution network and Chemetall's technical capability to create real value for our customers."

"Chemetall is excited to be working with Nexeo to bring their expertise to customers in the Aerospace market.  With Nexeo, BASF and its Chemetall brand is well positioned to have effective support, timely deliveries and the infrastructure to meet the demands of the Commercial and Military Aerospace markets.  Nexeo will be able to offer key Chemetall technologies like Corrosion Inhibiting Compounds, Non-Destructive Testing and Surface Treatment to customers who need the high quality and exacting standards that Chemetall brings to the Aerospace industry," said Gregg Sanko, Director of Aerospace Technologies for Chemetall North America.

About BASF's Coatings division

The Coatings division of BASF is a global expert in the development, production and marketing of innovative and sustainable automotive OEM and refinish coatings, decorative paints as well as applied surface treatments for metal, plastic and glass substrates in a wide range of industries. The portfolio is completed by the "Innovation Beyond Paint" program which aims at developing new markets and businesses. We create advanced performance solutions and drive performance, design and new applications to meet our partners' needs all over the world. BASF shares skills, knowledge and resources of interdisciplinary and global teams for the benefit of customers by operating a collaborative network of sites in Europe, North America, South America and Asia Pacific. In 2017, the Coatings division achieved global sales of about €3.97 billion.

Solutions beyond your imagination – Coatings by BASF. For more information about the Coatings division of BASF and its products, visit www.basf-coatings.com.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of more than €60 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

Cision View original content:http://www.prnewswire.com/news-releases/chemetall-names-nexeo-solutions-distributor-in-north-america-servicing-the-aerospace-military-and-defense-markets-300785580.html

SOURCE Chemetall

Copyright 2019 PR Newswire

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