SBS Consulting Director Dmitry Babansky commented on the intention of the German chemical BASF to sell the production of paints and varnishes in Moscow region to a major player in the market of varnishes and paints «Lacra Syntez»: The share of Russian LCM for the automotive industry has recently been growing, but it is difficult to replace some of the imported coatings. This will require about five years of «focused and coordinated work».
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