On May 30, 019, BASF signed a strategic cooperation agreement with LYSH Automotive Decoration Materials Co., Ltd., a leading automotive component manufacturer in China, to jointly develop lightweight and low-emission polyurethane (PU) system products.
Long Zhiqiang, vice president of transportation business management of BASF's Performance Materials Business Unit in Asia Pacific, said: "The growing demand for composite products in the Chinese market, these lightweight products can improve fuel efficiency, and their low emissions and low odor characteristics It can improve the air quality in the car. We will meet this market demand through cooperation with Shanhu Industry. "
According to the provisions of the cooperation agreement, BASF will provide materials and technical expertise for the development and application of innovative products of Shanhu Industry.
Mr. Tiansheng Li, Director of LYH Industry, said, "In the past ten years, we and BASF have achieved fruitful results in the paper honeycomb composites business. We are pleased to continue our cooperation with BASF to explore new polyurethanes (PU) for the automotive industry. System product applications such as new polyurethane composite reinforcements, high sound absorption and low VOC, low odor polyurethane ceiling foam, high sound absorption lightweight foam, paper honeycomb composites and new skin materials. "
As a leading auto parts manufacturer, LYSH Industry has been working with BASF to develop polyurethane materials for the automotive industry since 2008. As part of this cooperation agreement, the two parties will also jointly promote the application of polyurethane systems in automotive products.