19 March 2009

BASF Catalysts announced the official opening of its new mobile emissions catalyst facility in Krasnogorsk, 30 km from central Moscow, during the Russian Automotive Industry Forum.

The Krasnogorsk site will feature state-of-the-art manufacturing capabilities as well as a sophisticated quality control lab to serve local automotive manufacturers. The site will also be closely linked with BASF Catalysts long-standing precious metal trading operations located in Moscow.

Russia is implementing European Union emission standards in a phased approach over the next several years that will dramatically reduce automotive, truck and bus pollution. Russia is the fifth largest vehicle market in the world and is projected to have a strong long-term growth trajectory for new car sales. In 2008, about 3 million new cars were sold in Russia.

Source: BASF Catalysts