# Kolon Plastics and BASF to complete POM joint venture plant in Gimcheon

Kolon Plastics and BASF will complete their 50:50 joint venture POM plant in Gimcheon, South Korea, in the second half of 2018. The plant will have a capacity of 150,000 tons per year, making it the world's largest POM production facility.

- Type: Partnership
- Announced: 2018-04-24
- Where: Gimcheon, South Korea, South Korea
- Status: under construction
- Capacity: 150,000 tons per year
- Products: POM (polyoxymethylene)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [Kolon Plastics](https://endata.com/companies/24454.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/article/2018042414052686716), 2018-04-24: "올해 하반기 바스프와의 POM 합작 공장이 완공되는 만큼 POM 제품 공급 확대로 회사의 성장 속도를 높여나갈 것"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.