^{Joint news release:}
BASF and BACHL complete transfer of Styrodur^® business to BACHL

Ludwigshafen and Röhrnbach, Germany – BASF has sold its business with Styrodur^®, an insulation material made from extruded polystyrene (XPS), to Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (BACHL). Following approval by the relevant authorities, the transaction was completed with effect from June 30, 2025. The sale also includes the brand Styrodur^®. The parties have agreed to keep the financial details of the transaction confidential.

Karl Bachl Kunststoffverarbeitung GmbH & Co. KG has already expanded its sales radius in January 2025 by taking over the distribution of Styrodur^® products. BACHL is one of the leading manufacturers of insulation materials in Germany and a long-standing Styrodur^® sales partner of BASF. The Styrodur^® brand is already an established part of BACHL's product portfolio. "We are proud to take over the Styrodur^® brand and are extremely confident about its future," says Michael Küblbeck, CEO of BACHL. The BACHL group already has extensive experience with Styrodur^®. Karl Bachl Kunststoffverarbeitung GmbH & Co. KG is looking forward to continuing its successful cooperation with customers and partners.

 "BASF is consistently focusing its strategy on expandable polystyrene with our well-known brands Neopor^® and Styropor^®," said Dr. Klaus Ries, Head of Business Management Styrenics Europe at BASF. "We want to expand our EPS business and further strengthen our position in the market." To this end, BASF will increase Neopor^®'s production capacity in Ludwigshafen by 50,000 tons to 250,000 tons per year. The expanded capacity is expected to be available from the beginning of 2027.

Approximately 50 employees in production, marketing and sales at BASF SE are involved in the Styrodur business. The affected employees will remain with BASF SE.
 

About BASF

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 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 comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
 

About the BACHL Group

The BACHL Group was built on solid foundations in 1926 in Deching near Röhrnbach in the Bavarian Forest.  Today, the BACHL group is one of the most important players in the construction and building materials industry. Around 2,600 employees in Germany and abroad work daily to ensure the success of the group. In addition to the German production sites, the company now operates plants and trading offices in Austria, the Czech Republic, Hungary, Italy, Poland, Romania and Croatia. After the initial production of bricks, a steady upward trend led to an expanded range of products and services related to the construction and modernization sector. In addition to the large field of insulation and plastics processing, as well as the areas of building materials, building elements and precast concrete production, the construction sector with the areas of building and civil engineering, network construction, road construction, as well as turnkey industrial and commercial construction is still a supporting pillar of the BACHL Group. Further information: https://bachl.de