BASF in Korea · BASF in Korea Overview BASF has ... BASF’s Korean entity, BASF Company Ltd., ......

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 Ansan

Engineering plastics

Ultramid® Polyamide (PA6) / Ultradur® Polybutylene

Terephthalate (PBT)

BASF Gunsan Site Gunsan

Vitamin B2

BASF Yeosu Site

Polyurethane raw materials, chemicals & specialty plastics

1 Globally consolidated companies (major companies and sites) only, as of December 31, 2016

Page 2

Yeosu Mononitrobenzene (MNB), toluene diisocyanate (TDI), polyurethane (PU) System B, aniline, methylene diphenyl diisocyanate (MDI), carbonyl chloride derivatives (CCD) and Ultrason®

BASF Yesan site

Yesan

Engineering plastics

Ultramid® Polyamide(PA) / Ultradur® Polybutylene

Terephthalate(PBT)

BASF Ulsan –Chemicals Ulsan

Chemicals and polyurethane raw material

Polytetrahydrofuran (PolyTHF), polyol and polyurethane (PU) System A

BASF Ulsan – Plastics Ulsan

Expandable polystyrene (EPS)

Styropor® & Neopor®

BASF Ulsan – Pigments (BASF Colors & Effects) Ulsan

Organic pigments

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 Corporate Affairs Phone: +82 2 3707 7508 Mobile: +82 10 3710 7661 lauren.kwon@basf.com

Nari Kim Corporate Affairs Phone: +82 2 3707 7507 Mobile: +82 10 5339 1734 nari.kim@basf.com