“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.
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.
WooSung Shin, Managing Director, BASF Korea, said, “The Yeosu plant brings us closer to our customers in the region and enables us to better support the growth of key local industries – partly driven by the global development of many new Ultrason applications. Another important value proposition is shorter lead times.”
As one of the top three electrical and electronic goods manufacturing countries in the world, Korea is well positioned to benefit from local availability and production of Ultrason. By locating the site in Yeosu, BASF will also be able to serve other major markets for Ultrason such as China and Japan.