Recent Developments in Construction Plastics Market • In June 2018, BASF increased its global production capacity for Neopor at its Ludwigshafen, Germany, and Ulsan, Korea production sites. The expansion is a result of increasing demand for gray insulation material, globally. • In October 2017, BASF launched the new product, Ultradur for the building & construction industry. The new product, which is composed of PVC, is expected to be used to replace steel in the windows application. • In May 2017, LyondellBasell opened a new Hyperzone Polyethylene (PE) plant at its La Porte, Texas, complex for the manufacture of pipes. The plant has the capacity to produce 500,000 metric tons of High Density Polyethylene (HDPE) annually.
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