KOREA (SOUTH): BASF announces plan to build compounding plant in Yesan

Construction is set to begin on the plant by the first half of 2014 and it is expected to open by the end of 2015.

More than 30 new jobs will be created at the plant, the company said.

With an initial annual capacity of 36,000 metric tons, the plant will more than double the total compounding capacity of BASF's engineering plastic plants in South Korea.

Source: "Korea Joongang Daily", Seoul; 17 Dec 2013(Syed Rashid Ali, Karachi, Pakistan)