Germany: Chemicals company BASF says that it has completed the sale of its Styrodur extruded polystyrene (XPS) insulation business to Karl Bachl Kunststoffverarbeitung.
BASF says that it will continue to produce expandable polystyrene under its Neopor and Styropor brands. It aims to increase the production capacity of its Ludwigshafen expandable polystyrene plant in Rhineland-Palatinate by 200% to 250,000t/yr in early 2027.
Karl Bachl Kunststoffverarbeitung completes acquisition of Styrodur
