BASF plans to build a new European centre of expertise for its flooring and waterproofing systems at the BASF Coatings GmbH site in Oldenburg, Germany by the end of 2014. For this purpose, the company is investing in the production and development of polyurethane and epoxy-based systems for performance flooring and waterproofing together with logistics, R&D, sales and service. The investment is the next step in the development of these businesses following the sale of the Conica Sports Surfaces business line and the Swiss Schaffhausen location on July 1, 2013.