BASF’s South Brunswick, N.J., EPS
manufacturing site now fully operational
Need to rebuild inventories keeps force majeure declaration in effect
SOUTH BRUNSWICK, N.J., October 14, 2004 – With the resumption
of a regular supply of styrene from the Gulf of Mexico, BASF’s
expandable polystyrene (EPS) plant in South Brunswick, N.J., is
slowly returning to normal production rates.
However, because the supply chain remains tight and inventories
are critically low, the force majeure declared for all contracts
and related agreements pertaining to resins produced at South Brunswick,
and the resulting supply allocation measures, remain in effect.
BASF declared force majeure at the South Brunswick site in September
due to a disruption in the supply of styrene to the site caused
by the series of hurricanes in the southeastern United States that
severely limited the shipping industry’s ability to transport
material. BASF’s South Brunswick site is supplied styrene
by ship from the Gulf of Mexico.
“We will continue to focus on manufacturing our low-pentane
Styropor® BFL EPS because customers in this market have limited
options for these resins,” said Gene Zimmermann, Director
of BASF’s Styrenic Foams business in North America. “We
expect to resume production of the remaining Styropor EPS products
produced at South Brunswick by mid-October.”
Zimmermann said he was uncertain when the force majeure declaration
will be lifted. “We are committed to keeping our customers
informed throughout the process and doing everything we can to help
them,” he said.
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BASF Corporation, headquartered in New Jersey, is the North American
affiliate of BASF AG, Ludwigshafen, Germany. We employ about 11,000
people in North America and had sales of approximately $9 billion
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to grow profitably and further increase the value of our company.
We help our customers to be more successful through intelligent
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ranges from chemicals, plastics, performance products, agricultural
products and fine chemicals to crude oil and natural gas. Through
new technologies we can tap into additional market opportunities.
We conduct our business in accordance with the principles of sustainable
development. In 2003, BASF had sales of approximately $42 billion
and over 87,000 employees worldwide. Further information on BASF
is available on the Internet at www.basf.com.
For more information, contact:
David A. Elliott
Tel: (734) 324-6148