BASF in Korea

Overview

BASF has been doing business in Korea since 1954, and is a leading foreign investor in the
Korean chemical industry. BASF’s Korean entity, BASF Company Ltd., is a wholly-owned
subsidiary of BASF SE and also maintains the Asia Pacific regional headquarters of its
electronic materials business in Seoul.

BASF provides a broad portfolio of solutions to customers in Korea, and operates seven
world-scale production sites in Yeosu, Ulsan, Gunsan, Ansan and Yesan. BASF also
maintains a global electronic materials research and development center in Suwon and four
technical development centers, in Dongtan, Ansan, and Siheung. The sales and
administration office is located in Seoul.

2016 Facts & Figures1

 Number of companies: 1 wholly-owned, 1 joint venture

 Number of production sites: 7
 Number of employees: 1,105
 Sales of BASF Group Companies to customers in Korea in 2016: approximately €1.1
billion

Production Sites in Country

Name and location Details

BASF Ansan Site Engineering plastics

Ansan  Ultramid® Polyamide (PA6) / Ultradur® Polybutylene

Terephthalate (PBT)

BASF Gunsan Site Vitamin B2

Gunsan

BASF Yeosu Site Polyurethane raw materials, chemicals & specialty plastics

1 Globally consolidated companies (major companies and sites) only, as of December 31, 2016
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Yeosu  Mononitrobenzene (MNB), toluene diisocyanate (TDI),

polyurethane (PU) System B, aniline, methylene diphenyl
diisocyanate (MDI), carbonyl chloride derivatives (CCD) and
Ultrason®
BASF Yesan site Engineering plastics

Yesan  Ultramid® Polyamide(PA) / Ultradur® Polybutylene

Terephthalate(PBT)

BASF Ulsan – Chemicals and polyurethane raw material

Chemicals
Polytetrahydrofuran (PolyTHF), polyol and polyurethane (PU)
Ulsan System A
BASF Ulsan – Expandable polystyrene (EPS)
Plastics
 Styropor® & Neopor®
Ulsan
BASF Ulsan – Organic pigments
Pigments
(BASF Colors &
Effects)

Ulsan

Community

 BASF Kids’ Lab (since 2003): Introducing chemistry in a fun way to elementary school
children.
 Community Advisory Panels (since 2002): Community outreach programs which provide
transparent information about BASF activities and discuss current issues with invited
panels, composed of opinion leaders from the local community – environment safety
experts, college professors, teachers and medical doctors.
 Scholarship Programs (since 2016): Participating in scholarship programs run by the city
of Suwon and by Sungkyunkwan University, providing financial support for students from
elementary to university levels.

Media contacts

Lauren Kwon Nari Kim

Corporate Affairs Corporate Affairs
Phone: +82 2 3707 7508 Phone: +82 2 3707 7507
Mobile: +82 10 3710 7661 Mobile: +82 10 5339 1734
lauren.kwon@basf.com nari.kim@basf.com