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BASF closes expandable polystyrene production at Ulsan Plastics site in South Korea

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. This decision is part of BASF's ongoing strategic review and efforts to optimize its global styrenics production setup and enhance competitiveness in response to evolving market conditions. "Our priority is sustainable value creation. This decision reflects our commitment to proactively align our production

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