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 partnered with Wacoal, the leading lingerie brand company headquartered in Japan, to co-develop selected bra cup applications for sports and activewear using Elastollan^® TPU-based non-woven fiber.

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.

Chemetall, the surface treatment global business unit of BASF Coatings, has opened its first application laboratory in the southern province of Tây Ninh (formerly Long An), near Ho Chi Minh City, Vietnam. The facility provides product testing and technical support to surface treatment customers across diverse market segments such as automotive, automotive components, general industry, and plastics recycling.