News Releases

BASF has decided to close its expandable polystyrene (EPS) production assets at the Ulsan Plastics site in South Korea. The cessation of production operations is targeted for mid‑June 2026.

BASF announces a price increase of up to $100 per metric ton for butyl acrylate (BA) across Asia Pacific. The adjustment will take effect immediately, or in accordance with existing contractual agreements.

BASF has started up a new storage tank for 2-ethylhexyl acrylate (2-EHA) in Merak, Indonesia, expanding its supply capabilities in the country. The investment enhances supply reliability, shortens lead times and provides greater flexibility to meet customer demand, further reinforcing BASF’s leadership position in the acrylic esters market.

Shanghai, China – May 19, 2026 – BASF has partnered with Hyundai Design China to develop inflatable ‘Air Hug’ seat modules made with Elastollan^® TPU for the ‘EARTH Concept’ car within the IONIQ range of Sport Utility Vehicles (SUV). Unveiled at Auto China 2026, the concept vehicle underscores Hyundai Design China’s commitment to localized new energy vehicle (NEV) mobility solutions in China, supported by BASF’s materials expertise and local production at the Zhanjiang Verbund site.

BASF today announced the launch of Reduced Product Carbon Footprint (ReducedPCF) Elastollan^® Thermoplastic Polyurethane (TPU) portfolio in Asia Pacific, enabling customers to lower the carbon footprint of their products while maintaining the proven performance of Elastollan.