The new plant, with an annual production capacity of 6,000 metric tonnes, will better serve the growing market in Asia Pacific.
“The production of our high-performance plastic specialty Ultrason in Korea supports our goal to locally produce approximately 75% of all BASF products we sell in Asia Pacific by 2020, and demonstrates our commitment to this fast-growing market,” said Raimar Jahn, president, performance materials, BASF.
The new plant is the first of its kind to be built outside of Germany and brings the company’s global capacity of Ultrason polyarylsulfone to 18,000 metric tonnes per year. With this investment, BASF also creates 50 new jobs at its Yeosu site.
Ultrason is widely applied in the electronics, automotive and aerospace industries for the production of heat-resistant, lightweight components. Other popular Ultrason applications include membranes for water treatment, fittings for drinking water pipelines or food contact parts (as in espresso machines), or microwave-proof dishes. Ultrason is also used in the production of carbon fibre composite materials.
Source: BASF
© FoodBev Media Ltd 2024