BASF have sold their Luranyl businesses in Europe and Asia. As of September 1, Romira GmbH will assume ownership of these businesses for an undisclosed sum.
Lauranyl is a blend of polyphenylene ether (PPE) and high-impact polystyrene (HIPS). These materials exhibit high heat resistance over a range of temperatures and contain halogen-free flame retardants. Applications include electrical and electronic uses such as battery chargers, transformers, electrical sockets and switches and televisions.
BASF produced approximately 5000 tons of Luranyl per year. Production of these materials will be transferred to Romira, who will produce the material in their Pinneberg facility.
The sale frees up capacity in BASF’s German and Korean operations for the production of high volume thermoplastics. This move is in line with BASF’s global strategy of concentrating on the large, integrated value chains within their company.
Luranyl adds to Romira’s product range and makes a good fit with their business, being a medium sized producer.
For more information on polystyrene, click here.