LUDWIGSBURG, Germany, Aug. 29, 2019 (Press Release) -BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant competition authorities.Read more
REINACH, Switzerland , July 8, 2019 (Press Release) -Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced that Archroma India Private Limited and BASF India Limited (BIL) have signed an agreement for the acquisition by Archroma of BASF’s stilbene-based OBA (optical brightening agents) business for paper and powder detergent applications.
The transaction includes BASF’s manufacturing unit at Ankleshwar, India, where approximately 100 people are currently employed.Read more
In its constitutive meeting, the new Supervisory Board of BASF SE has confirmed Dr. Jürgen Hambrecht as Chairman of the Supervisory Board. The Supervisory Board elected Franz Fehrenbach and Sinischa Horvat as Vice Chairmen.Read more
NEW YORK, Feb. 6, 2019 (Business Wire) -The Valence Group advised Solenis on its combination with BASF of their paper and water chemical businesses. The combined company will have pro-forma sales of around $3 billion and intends to operate under the Solenis brand. The new combination is positioned to provide expanded chemical offerings and cost-effective solutions for customers in pulp, paper, oil and gas, chemical processing, mining, biorefining, power, municipal and other industrial markets.Read more
WILMINGTON, DE, Feb. 1, 2019 (Press Release) -The combined company will operate under the Solenis name as a global specialty chemical company focused on paper and industrial water technologies.Read more
LUDWIGSBURG, Germany, Dec. 5, 2018 (Press Release) -At the 2019 European Coatings Show (ECS), which is going to take place in Nuremberg from March 19 to 21, BASF experts and specialists from BTC, the European distribution organization of BASF, will present new raw materials for the coatings, paint and construction industries at booth 523 in hall 7A. The broad range of products offered by BASF includes dispersions, resins, additives, light stabilizers, antioxidants, pigments, hardeners, cross-linking agents, reactive diluents and solvents.Read more