IMG_0011CHARLOTTE, NC, and MEMPHIS, TN, July 20, 2020 – BASF and Vertrauen Chemie Solutions (VCS), Inc. signed an agreement to extend their partnership. VCS will develop a storage location for manufacturing material of BASF’s Dispersions and Resins business as well as a finished goods distribution center at its Memphis, Tennessee facility.
Through this strategic alliance, VCS supports BASF in streamlining the global aliphatic isocyanate supply chain. BASF customers will be able to specify customized packaging and receive their shipment anywhere in the US within five business days. Aliphatic isocyanate is a key product in BASF’s Resins and Dispersions chemical portfolio.
“The additional storage and re-packaging services provided by VCS will improve our aliphatic isocyanate supply chain and deliver additional benefits to our customers”, said Vuk Milojkovic, Business Director, Automotive and Industrial Coatings, BASF Dispersion and Resins, North America. “This facility allows us to reinforce our commitment to meet the growing demands of customers and to deliver products on time.”
“VCS will continue to support BASF enhancing their supply position and to provide outstanding customer service and technical expertise to create further opportunities,” said John Jamieson, VCS Chief Executive Officer.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,800 employees in North America and had sales of $18.4 billion in 2019. For more information about BASF’s North American operations, visit www.basf.com/us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 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 €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at http://www.basf.com.
About Vertrauen Chemie Solutions
VCS, a private equity held entity, specializes in toll blending, compounding, and packaging solutions for the chemical and industrial markets, including, but not limited to Automotive OEM, Automotive Refinish, Aerospace, Protective & Marine, Construction & Geotechnical, and Oil & Gas. VCS facilities are located in Memphis, TN and McKinney, TX. The Memphis facility provides large scale neat blending and packaging of flammable and hard to handle chemicals. The McKinney Specialty Compounding Business Unit specializes in complex processing of urethane and epoxy technologies.