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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 [email protected]
Nari Kim Corporate Affairs Phone: +82 2 3707 7507 Mobile: +82 10 5339 1734 [email protected]