BASF SE : opens new concrete admixture plant in Bắc Giang, Vietnam

• Second plant in Vietnam serves growing market for skyscrapers and large-scale infrastructure projects
• Bringing Master Builders Solutions products closer to Vietnam's growing construction market

Hanoi, Vietnam - May 2, 2016 - BASF inaugurated its new production plant for concrete admixtures in the northern province of Bắc Giang, Vietnam. The new plant will allow BASF to better meet the increasing demands for high quality construction chemicals products in Vietnam.

'The new plant enhances our flexibility to serve our customers with a timely supply and shorter lead times, especially in the northern part of Vietnam,' said Christian Mombaur, head of Construction Chemicals Asia Pacific, BASF. 'Northern Vietnam is continuing its path of rapid urbanization and industrialization. Our new Bắc Giang plant will enable us to stay closer to our customers and offer solutions to meet the growing demands in specialized construction chemicals, especially for building multi-story buildings and long-lasting infrastructure construction projects.'

Located at the Văn Trung Industrial Park in Bắc Giang province, the plant is equipped with production units, a laboratory for product quality control as well as warehousing facilities. There, BASF produces both standard and custom-made performance admixtures from the MasterGlenium product line under the Master Builders Solutions brand. The company's construction chemicals have been used in many popular construction projects such as as the Nội Bài T2 Airport and the Nhật Tân Bridge.

Petrus Ng, Managing Director of BASF in Thailand, Vietnam, Laos, Cambodia and Myanmar said, 'Vietnam is one of the fastest growing countries in Asia Pacific and is an important market for our company. The opening of the new plant in Bắc Giang is yet another milestone for us as it expands our manufacturing footprint in Vietnam and supports the rapid growth of Vietnam's construction market.'

Bắc Giang plant is strategically located at about 40 kilometers from Hanoi City, with close proximity to Hải Phòng sea port and Nội Bài airport, and it is the largest facility of its kind in northern Vietnam. This is BASF's second construction chemicals plant in Vietnam, complementing the existing plant in Vietnam-Singapore Industrial Park, Binh Duong province.

About BASF's Construction Chemicals Division
BASF's Construction Chemicals division offers advanced chemicals solutions for new construction, maintenance, repair and renovation of structures: Our comprehensive portfolio encompasses concrete admixtures, cement additives, chemical solutions for underground construction, waterproofing systems, sealants, concrete repair & protection systems, performance grouts, performance flooring systems, tile fixing systems, expansion control systems and wood protection solutions.

The Construction Chemicals division's about 5,500 employees form a global community of construction experts. To solve our customers' specific construction challenges from conception through to completion of a project, we combine our know-how across areas of expertise and regions and draw on the experience gained in countless construction projects worldwide. We leverage global BASF technologies, as well as our in-depth knowledge of local building needs, to develop innovations that help make our customers more successful and drive sustainable construction.

The division operates production sites and sales centers in more than 50 countries and achieved sales of about €2.3 billion in 2015.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 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 five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. 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 (AN). Further information at www.basf.com.