BASF and Sanyo Chemical working on PUDs development
BASF and Japan based Sanyo Chemical Industries Ltd. said they are working on Polyurethane Dispersions (PUDs) development. The companies will develop and produce "innovative products"with strong sustainability contribution, they said in a statement.
“The PUD market demand is expanding and formulators are looking for improved product performance. They also look for sustainable solutions to comply with local regulations or to meet their corporate responsibility goals. This collaboration will allow both parties to reduce time-to-market of their new technologies and to accelerate conversion to water-based systems,” said Sylvain Huguenard, Vice President, Resins & Additives, Asia Pacific, BASF.
The agreement they signed will enables a strategic collaboration of BASF and Sanyo Chemical to leverage on the production networks for PUDs.
