BASF Taiwan Ltd and Nagase Wahlee Plastics Corp (NWP) signed a letter of intent to enter into a distribution a greement where NWP, a specialist in the distribution of high-performance materials, will support BASF’s polyurethane customers in Taiwan.
The agreement also seeks to expand BASF’s existing presence in the domestic market with services such as product stocking, repacking and distribution of both polyurethane solutions and injection molding grades for thermoplastic polyurethanes (TPU). At the same time, BASF will continue to provide product knowledge, formulating know-how, best-in-class quality management processes and technical service to existing and new customers.
“With NWP’s integrated sales network, we aim to offer more distribution flexibility in the local market. This partnership comes less than a year after we acquired Taiwan Sheen Soon’s adhesives business, and is part of our strategic efforts to better serve the promising Taiwan market. Our broad portfolio of polyurethanes including TPU and TPU adhesives enables us to offer attractive integrated solutions for the domestic market,” according to Andy Postlethwaite, Senior Vice President, Performance Materials Asia Pacific, BASF.
Polyurethane is used in a variety of applications such as transportation and furniture, as well as building construction and appliances. It combines outstading insulation properties with light weight and great design freedom.
NWP is an integrated sales organization to promote high performance materials such as engineering plastics and polyurethanes. It is a joint venture between Nagase & Co., Ltd. (Japan) and Wah Lee Industrial Corp. (Taiwan). Aside from its headquarter office in Taipei, the company has liaison offices in Taichung and Kaohsiung (Gangshan), which cover major industrial regions in Taiwan.
Nike Air Max 1 For Sale