February 24, 2022
(press release)
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Additional capacity to be available in Q2 2023 Driven by strong market demand for engineering plastics in the automotive, consumer electronics, and electrical & electronics industries “BASF is committed to the engineering plastics market, which we believe offers significant growth opportunities. The additional capacity will help us meet the strong market demand for our Ultramid PA and Ultradur PBT products, as well as strengthen our market position, especially in ASEAN,” said Andy Postlethwaite, Senior Vice President, Performance Materials Asia Pacific, BASF. The engineering plastics market in ASEAN is expected to grow at approximately 5% per annum between 2020-2030. This growth is driven by the increased demand for engineering plastics in different industry segments, such as automotive, consumer electronics, and electrical & electronics. The production plant in Pasir Gudang was founded in 1999. The engineering plastics compounding plant in Pasir Gudang, Johor, produces Ultramid polyamide and Ultradur PBT. Ultramid and Ultradur are used in automotive applications, electrical & electronics sector, industrial products and consumer goods. About BASF’s Performance Materials division BASF’s Performance Materials division 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 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 2020, the Performance Materials division achieved global sales of €5.63 bn. More information online: www.plastics.basf.com. About BASF
BASF (Malaysia) Sdn Bhd will expand the production capacity of its Ultramid® polyamide (PA) and Ultradur® polybutylene terephthalate (PBT) product by 5,000 metric tons per year. Completion of the debottlenecking at BASF’s production site in Pasir Gudang, Malaysia, is planned for Q2 2023.
About BASF At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
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