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BASF (Malaysia) Sdn Bhd will expand the production capacity of Ultramid® polyamide (PA) and Ultradur® polybutylene terephthalate (PBT) products by 5,000 tonnes/year
.
BASF's production site in Pasir Gudang, Malaysia is scheduled to complete de-bottlenecking in the second quarter of 2023
.
Andy Postlethwaite, Senior Vice President, Performance Materials Asia Pacific, BASF, said: "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 Ultramid PA and Ultradur PBT products.
, and strengthen our market position, especially in the ASEAN region
.
”
The engineering plastics market in the ASEAN region is expected to grow at an annual rate of about 5% during 2020-2030
.
This growth is driven by the increased demand for engineering plastics in different industry segments, such as automotive, consumer electronics, and electrical and electronic products
.
The production plant in Pasir Gudang, Malaysia was established 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, the electrical and electronic industry, industrial products and consumer goods
.
About BASF's Performance Materials division
BASF's Performance Materials division brings together BASF's entire materials expertise in innovative, custom-made plastics
.
Active in four global industry sectors - transportation, construction, industrial applications and consumer goods - the division has a strong portfolio of products and services and a deep understanding of application-oriented system solutions
.
The main drivers of profitability and growth are the division's close collaboration with customers and its focus on solutions
.
Strong R&D capabilities provide the foundation for developing innovative products and applications
.
In 2020, the Performance Materials segment achieved global sales of EUR 5.
63 billion
.