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BASF to Expand Compounding Capacities for Engineering Plastics in Europe - BASF is expanding the compounding capacities for engineering plastics in Europe - Performance-Materials.BASF.com
BASF to Expand Compounding Capacities for Engineering Plastics in Europe

 

PRZOOM - /newswire/ - Schwarzheide, Brandenburg, Germany, 2015/11/27 - BASF is expanding the compounding capacities for engineering plastics in Europe - Performance-Materials.BASF.com. DE000BASF111

   
 
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• Expansion by 70,000 metric tons per year at the Schwarzheide site;
• Start-up planned for 2017;
• Investment in highly efficient plants.

Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of Ultramid® (PA: polyamide) and Ultradur® (PBT: polybutylene terephthalate) at the Schwarzheide site, Germany. Around 50 new jobs will be created. This is another step in the capacity expansions which BASF is undertaking because of the increasing demand for engineering plastics around the world. BASF’s global compounding capacity for PA and PBT will then be more than 700,000 metric tons per year. Already in the middle of this year, BASF in Shanghai more than doubled its compounding capacities for the two materials and also increased the capacities for thermoplastic polyurethane (TPU). In Korea a plant for compounding Ultramid® and Ultradur® started operations in October.

“With this expansion we strengthen our leading position in engineering plastics in Europe”, says Dr. Melanie Maas-Brunner, head of BASF’s Performance Materials Europe division. “By investing in highly efficient plants we help our customers to meet the increased demands on the materials, e.g. for large-volume and globally manufactured components in the automotive industry. As a reliable partner we thus support the growth of our customers and help them to overcome challenges such as lightweight construction and emission reduction with innovations.”

The engineering plastics Ultramid® and Ultradur® are processed into high-performance components in the automotive industry, the electrical and electronics sector as well as in the construction and furniture industries. Examples of such components are car seat structures, oil pans, engine mounts, sensors and connectors, chairs and fixings. The current innovations include the world’s first rear axle transmission cross beam in the Mercedes S-class, the Belleville design chair from Vitra, and also power semiconductor modules from the company Semikron.

About BASF’s Performance Materials Division

BASF’s Performance Materials division (performance-materials.basf.com) encompasses the entire materials’ know-how of BASF regarding innovative, customized plastics under one roof. Globally active in four major industry sectors - transportation, construction, industrial applications and consumer goods the division has a strong portfolio of products and services combined with a deep understanding of application-oriented system solutions. Key drivers of profitability and growth are our close collaboration with customers and a clear focus on solutions. Strong capabilities in R&D provide the basis to develop innovative products and applications. In 2014, the Performance Materials division achieved global sales of € 6.5 bn.

About BASF
At BASF (basf.com), we create chemistry and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Contact: Richard Amberger
P: +49 621 60-46910 - E: richard.amberger[.]basf.com

 
 
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BASF to Expand Compounding Capacities for Engineering Plastics in Europe

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BASF | Engineering Plastics
Contact: Bernhard Thier - BASF.com 
+32 2 7400-361 bernhard.thier[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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