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(basf.com) --
BASF will build a new plant to produce Ultrason polyethersulfone (PESU), one of
BASF’s high-performance thermoplastics, at the company’s site in Yeosu, Korea.
The annual capacity of the new plant is 6,000 metric tons. Construction of this
specialty plastics plant will start in early 2012 and production is expected to
begin by early 2014. About 50 new jobs will be created once the plant is
operational.
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"Overall in Asia Pacific, we are investing approximately ?2.3 billion from
2011 to 2015 in order to achieve our goal to produce 70% of our sales in the
region. By establishing local production of our high performance specialty
plastics in Korea, we can support the growth of key local industries," said Dr.
Albert Heuser, President, Market and Business Development, Asia Pacific,
BASF.
Ultrason is sold to customers in the electronics industry, as well as the
automotive and aerospace industries for the production of heat-resistant light
weight components and to the water treatment industry for manufacturing of water
treatment membranes. |
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At present this specialty plastic is only produced at BASF’s Ludwigshafen
site in Germany. “BASF is committed to strengthening its market position in the
engineering plastics business,” said Dr. Wolfgang Hapke, President of BASF’s
Performance Polymers Division. “This new plant will significantly enhance our
engineering plastics position in the rapidly growing Asian market and reaffirm
our dedication to being our customers’ supplier of choice for high performance
materials.”
The Korean electronics industry is a major target market for
Ultrason. The location also benefits from the proximity to other major markets
such as China and Japan.
mrcplast.com
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