BASF lifts force majeure for PolyTHF in North America

FLORHAM PARK, NJ, June 14, 2017 – BASF lifted the force majeure on PolyTHF^® (polytetrahydrofuran) in North America, effective immediately.

In March, an event interrupted production at BASF’s tetrahydrofuran unit in Geismar, Louisiana, resulting in a force majeure on PolyTHF, effective March 22, 2017. The force majeure was expected to last through the second quarter of 2017. BASF’s PolyTHF products remain on order control until inventories fully return to acceptable levels.

PolyTHF is used to make elastic spandex fibers for a large variety of textiles, including underwear, outerwear, sportswear, and swimsuits. It also serves as a chemical building block for thermoplastic polyurethanes, which are used in hoses, films, and cable sheathing. Other applications include thermoplastic polyetheresters, polyetheramides, and cast elastomers in the production of wheels for skateboards and inline skates.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF’s North American operations, visit www.basf.us.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

PolyTHF^® is a registered BASF brand in many countries.

A-US-17-065