AMSTERDAM, The Netherlands , Feb. 11, 2016 (Globe Newswire) -AkzoNobel confirms it is in discussions with BASF with regards a potential purchase of their Industrial Coatings business.
The strategy of AkzoNobel of driving operational excellence and organic growth includes the possibility to pursue value generating, bolt-on acquisitions.
No further details will be made available at this stage.Read more
LUDWIGSHAFEN, Germany , Nov. 10, 2015 (Press Release) -BASF is reorganizing its paper, water, oilfield and mining businesses within the Performance Chemicals division to foster customer and industry focus and increase competitiveness.Read more
BASF was today again included in the Dow Jones Sustainability World Index (DJSI World). The company has been especially recognized for its engagement in the areas of innovation management, environmental and social reporting, product stewardship and human capital development. The DJSI World is one of the most renowned sustainability indices and represents the top 10 percent of the largest 2,500 companies included in the Dow Jones Global Index.Read more
BASF today announced plans to exit the dimer and polyamide resin business due to the North American market decline over the past 15 years driven by excess market capacity and a decline in key markets including printing. The decision will result in the closure of the dimer and resin production unit at BASF's Kankakee, Illinois, location.Read more
BASF will form a global business unit (GBU) combining all of its pigments activities effective January 2016. In the second half of 2016, BASF intends to carve out its pigments business and establish separate legal entities.Read more
Acronal®, Styrofan®, Styronal®, Butofan®, and Butonal® are registered trademarks of BASF SE.Read more
LUDWIGSHAFEN AND HEBERTSHAUSEN, Germany, Dec 3, 2014 (Press Release) - BASF and "Feinpappenwerk Gebr. Schuster GmbH & Co. KG" are working jointly on a solution for a combined migration and grease barrier on recycled cardboard. The biopolymer ecovio® PS 1606 is applied to recycled cardboard in an extrusion coating process. This enables the proportion of recycled paper fibers in fast food packaging to be increased while simultaneously making it industrially compostable.Read more