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Germany’s BASF to shut South Korea EPS plant by June 2026

Germany’s BASF to shut South Korea EPS plant by June 2026



Germany’s BASF to shut South Korea EPS plant by June 2026


Germany’s BASF will close its expandable polystyrene production assets at the Ulsan Plastics site in South Korea, with operations set to cease by mid-June 2026.
The move is part of the company’s strategy to optimise its global styrenics production network, improve competitiveness and focus on assets offering stronger long-term strategic advantages.



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