BASF to close two polystyrene plants in Malaysia, India
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BASF to close two polystyrene plants in Malaysia, India

Pasir Gudang : Malaysia | Sep 18, 2012 at 5:29 AM PDT
Source: Channel NewsAsia
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The plan is to stop production by the end of the year," the group said in a statement. The move "has become inevitable due to the high EPS (expandable polystyrene) overcapacities in Asia Pacific that have developed in recent years." This overcapacity has led to "extremely low margins which make our operations... FULL ARTICLE AT Channel NewsAsia
 
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