(IN BRIEF) Effective October 1, 2023, BASF will transfer its European direct business for Ultraform® (POM) to its trusted trading partners, ALBIS and Ultrapolymers Group. While the sales process will be handled by ALBIS and Ultrapolymers Group, BASF will continue to focus on research and development for Ultraform®. This ensures that customers can still benefit from BASF’s innovations and expertise in addressing technical challenges. Ultraform® is BASF’s polyoxymethylene range, offering versatile engineering plastics suitable for various applications in industries such as vehicle construction, medical technology, and mechanical engineering. The collaboration between BASF and its trading partners aims to provide a smooth transition and continued support for customers in the European market.
(PRESS RELEASE) LUDWIGSHAFEN, 20-Jun-2023 — /EuropaWire/ — BASF (ETR: BAS), the world’s largest chemical producer, announces that effective October 1, 2023, it will undergo a change in its European direct business for Ultraform® (POM). The sales process for Ultraform® will be transferred to trusted trading partners, ALBIS and Ultrapolymers Group.
Ultraform® is a vital component of BASF’s engineering plastics portfolio and will continue to hold its significance. While the sales process transitions to ALBIS and Ultrapolymers Group, BASF will retain its research and development efforts for Ultraform®, ensuring that customers can still benefit from BASF’s innovations and extensive expertise, particularly in addressing technical challenges.
Ultraform® encompasses BASF’s polyoxymethylene range, offering versatile engineering plastics specifically designed for heavy-duty components. It finds applications in various industries, including vehicle construction, medical technology, and plant and mechanical engineering.
The collaboration between BASF and its trusted trading partners, ALBIS and Ultrapolymers Group, will facilitate a seamless transition, enabling continued access to Ultraform® products and support for customers in the European market.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
About BASF’s Performance Materials division
BASF’s Performance Materials division is at the forefront of the much-needed sustainability transformation in plastics. Our products are co-created with customers around the globe to bring innovations to four major industry sectors – transportation, consumer goods, industrial applications, and construction. Our R&D focuses on all stages of the plastics journey: Make, Use and Recycle. The MAKE phase is about improving how plastics are made, from product design to the choice of raw materials and the manufacturing process itself. The USE phase enhances plastics’ strengths such as light weight, robustness, and thermal resistance. At the end of the product lifecycle, the RECYCLE phase looks at how to close the loop to achieve a circular economy. In 2022, the Performance Materials division achieved global sales of €8.5 billion. Join #ourplasticsjourney at: www.plastics.basf.com
ALBIS is one of the world’s leading distributors of standard polymers, engineering plastics and thermoplastic elastomers. With technical know-how, a strong distribution network and a strong commitment to finding the best solution, ALBIS as an independent distributor offers its customers one of the market-leading and most comprehensive product portfolios in the entire plastics processing industry. With 24 locations worldwide and 500 employees, the Hamburg-based company has a strong presence in Europe, with a growing presence in the EMEA and Asia Pacific regions. For more information, visit www.albis.com/en.
About Ultrapolymers Group
Ultrapolymers Group is one of the leading European distributors with over 20 years of experience in the industry and a presence in over 55 countries. The company’s product portfolio is designed to meet customers’ needs across a wide range of industries, including automotive, aerospace, electrical, electronics, healthcare, packaging, and consumer goods, with technical expertise and value-added services. As the company looks toward the future, it remains committed to sustainable and responsible business practices delivering solutions that empower businesses to thrive. Find out more information at www.ultrapolymers.com
Dr. Julia Endres
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SOURCE: BASF SE