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Home  > Markets & companies  > Raw materials market  > BASF: Ciba acquisition to close in the fir...

Wednesday, 03 June 2020
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Markets & companies, Raw materials market

BASF: Ciba acquisition to close in the first quarter

Monday, 16 February 2009

With the closing of the Ciba transaction toward the end of the first quarter of 2009, the new division "Paper Chemicals” will form part of BASF’s "Performance Products” segment.

BASF expects the approvals of the relevant antitrust authorities and the closing of the Ciba transaction toward the end of the first quarter of 2009. Therefore the new division "Paper Chemicals" will form part of the "Performance Products" segment, currently consisting of "Acrylics & Dispersions", "Care Chemicals" and "Performance Chemicals", effective April 1, 2009. The current "Acrylics & Dispersions" division will be renamed "Dispersions & Pigments". This division will bundle BASF’s business with raw materials for the coating and paint industry. The dispersions business will be complemented by the pigments and coatings resins business, currently part of the "Performance Chemicals" division.

BASF’s "Dispersions & Pigments" division will bundle business with raw materials for the coating and paint industry. Source: BASF

BASF’s "Dispersions & Pigments" division will bundle business with raw materials for the coating and paint industry. Source: BASF

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