BASF sells Polystyrene Specialty Compounds business to Spartech
The production of polystyrene compounds will be transferred to Spartech's production plant in Donchery, France. BASF will close its polystyrene compounds production in Ludwigshafen, as announced in October 2003.
"The sale of this specialty polystyrene business is part of our strategy to consolidate our product range and to concentrate styrenics production on high-volume products in high-efficiency plants," says Herbert Wieland, director of BASF strategic business development and technology for styrenics.
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