R&P POLYPLASTIC increases opportunities with BASF

The XX International exhibition Interplastica served as business platform for a cooperation engagement between BASF and R&P POLYPLASTIC.

On the 25^th of January R&P POLYPLASTIC – Russia’s leader of the composite market – signed a cooperation Agreement with the world’s largest chemical company – BASF.

Document signed is a prolongation of ongoing cooperation regarding mutual automotive projects development. This Agreement avails the Russian compounder to attain international quality certifications needed for operation with European automotive manufacturers. In respect of this, a stabilizing system developed alongside with BASF is a crucial importance.

As for today, R&P POLYPLASTICS is a major player on Russia’s market – localization of composite materials for the auto industry. To increase its exports, the company’s product must comply with international quality certificates – UV-stability and other factors. BASF is the leader in terms of stabilization systems – the world’s largest brand, a standard of quality on the international market. ‘Today we had developed exterior materials for Reanult-Nissan together with POLYPLASTIC’ – shared Mikhail Katsevman, head of the science and development department at POLYPLASTIC – ‘Prolongation of the Agreement will let us increase our production line for other international automotive companies’.

Christoff Reorig – Director BASF CIS and Russia – shared his opinion about the occasion ‘BASF attends innovation and development in various spheres with much attention. With that the auto industry is a priority to our company – we obtain most innovative solutions in this field, especially concerning compound stabilization systems for vehicles details and parts. This Agreement marks our first successful steps with our partner – POLYPLASTIC Company – as it is our first investment into the development of compound stabilization systems in Russia and the CIS’.

The auto industry consumes a major share (more than 35%) of R&P POLYPLASTIC’s polymer composite materials exports. For this purposes the company’s specialists had developed various materials with unique resilience properties. In 2014 POLYPLASTIC was awarded with the prestigious “Russian polymers 2014” award – “Automobiles construction” category, “Exterior and underhood” nomination – for its achievements. The enterprise’s annual … totals at 7 bln rubbles. Annual investment into the auto industry in Russia is 50 mln rubbles.

BASF SE is a German chemical company and the largest producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas and Africa