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Basell, Hyundai augment auto-compound alliance

July 13, 2006

1 Min Read
Basell, Hyundai augment auto-compound alliance

Basell (Hoofddorp, Netherlands) has expanded its agreement with Hyundai Engineering Plastics (HEP, Seoul) to a global scale by developing and qualifying materials for a variety of automotive applications in multiple regions of the world. The Basell relationship with HEP, which began in South Korea in June 2004, has grown into one that is "exclusive and truly global," according to Frank Noeltgen, VP of Basell Advanced Polyolefins, Automotive Asia-Pacific. "Basell has the capability of producing compounded products for Hyundai in all major regions of the world to uniform specifications that were originally developed by HEP in South Korea," said Noeltgen. "We support Hyundai''s production efforts with Supol compounded products manufactured under license, and we service and support those grades on behalf of HEP globally."

In the Basell-HEP alliance in North America, Basell produces Supol compounded grades for the 2006 Hyundai Sonata, which is assembled at the Hyundai facility in Montgomery, AL. This supply arrangement was recently expanded to support Hyundai''s Tier One and Two suppliers for the 2007 Hyundai Santa Fe SUV, which was introduced in April.

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