BASF expands its Ultramid? PA and Ultradur? PBT production capacity in Malaysia

May 29, 2024, 11:58 AM

TDD-global

11999

Guide

Highlights at a glance

BASF (Malaysia) Sdn Bhd will boost its Ultramid polyamide and Ultradur polybutylene terephthalate production by 5,000 tonnes per year. The expansion at its Pasir Gudang site is set for completion in Q2 2023, addressing strong demand in the ASEAN engineering plastics market, projected to grow at 5% annually until 2030.

BASF (Malaysia) Sdn Bhd will expand the production capacity of its Ultramid? polyamide (PA) and Ultradur? polybutylene terephthalate (PBT) products by 5,000 tonnes per year. The debottlenecking of BASF's production site in Pasir Gudang, Malaysia is scheduled to be completed 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 market demand for Ultramid? PA and Ultradur ? PBT products. strong demand and strengthen our market position, especially in the ASEAN region.â€

The engineering plastics market in ASEAN is expected to grow at an annual rate of about 5% between 2020-2030. This growth is driven by increasing demand for engineering plastics in different industry segments such as automotive, consumer electronics, electrical and electronics.

The production site in Pasir Gudang, Malaysia was established in 1999 and the engineering plastics compounding plant produces Ultramid? PA and Ultradur? PBT.

Ultramid ? PA and Ultradur ? PBT are used in automotive applications, the electrical and electronic sector, industrial products and consumer goods.

BASF, Covestro, Saudi Aramco and many other foreign-invested companies have announced their investment in India

CNPC continues transition to clean energy