12 MARKET REPORT Driving growth globally Olga Menukhin, Pra World 16 MARKET REPORT The South American automotive refinish market Francisco Rácz and Washington Yamaga, Rácz, Yamaga & Associates 18 EXPERT VOICES Dr Ralf Otte, BASF Coatings, and Dr Markus Mechtel, Covestro 20 TECHNICAL PAPER New water-borne urethane acrylic technology for basecoats Javier Bohorquez and Dirk Mestach, Allnex 28 PRODUCT OVERVIEW Binders and dispersions for automotive base paints