BASF building compounding plant engineering plastics Ultramid, PBT in Yesan Korea

BASF to build compounding plant for engineering plastics in Korea

9:39 AM, 17th December 2013
BASF new compounding plant for engineering plastics

SEOUL, KOREA: BASF, the world’s leading chemical company, will build a compounding plant for engineering plastics Ultramid (polyamide) and Ultradur (polybutylene terephthalate, PBT) compounds in Yesan, Chung Nam Province, Korea. The new plant is expected to begin construction by first half of 2014 and operations from the end of 2015, and will create more than 30 new jobs.

With an initial annual capacity of 36,000 metric tonne, the new plant will more than double the total compounding capacity of BASF’s engineering plastics in Korea. With this project and the capacity expansion of BASF’s compounding plant in Pudong/Shanghai (China), which has already been announced, BASF’s overall compounding capacities in Asia will increase from the current 130,000 to a total of 225,000 metric tonne.

“As the leading producer and preferred business partner of engineering plastics, we continuously strengthen our position in the key markets. Our investment in Yesan is a milestone in Korea and is indicative of the success that we have had in this market. By expanding our presence in optimal locations within the country, such as Yesan, we will be able to further our collaboration with and strengthen our supply position to customers in Korea,” said Raimar Jahn, President, Performance Materials, BASF.


© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

PPG expands aerospace business in Japan

MIYOSHI, JAPAN: PPG Industries has expanded its aerospace business operations in Japan with the relocation of its application support centre to a site ...

Read more
FMC to sell Peroxygens business

PHILADELPHIA, US: FMC Corporation has signed a definitive agreement to sell its Peroxygens business to affiliates of One Equity Partners, the private ...

Read more
IFF invests $50 million in flavors operations in Jakarta, Indonesia

NEW YORK, US: International Flavors & Fragrances Inc (IFF), a leading global creator of flavors and fragrances for consumer products, plans to inv ...

Read more
Research for more efficient organic photovoltaic devices

KARLSRUHE, GERMANY: POPUP, a new research by KIT Scientists on organic photovoltaics aims at developing more efficient materials and new architectures ...

Read more
Arkema to divest two South African subsidiaries

COLOMBES, FRANCE: Arkema will divest its two South African subsidiaries, Arkema Resins Proprietary Limited and Harveys Composites Proprietary Limited ...

Read more
PPG appoints new general manager for Asia Pacific, Astroth

PITTSBURGH, US: PPG Industries’ fibre glass business has appointed August A “Gus” Astroth as general manager and Asia Pacific leader ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X