Update: BASF and Solenis to join forces by combining paper and water chemicals businesses
On May 3, 2018, BASF and Solenis announced that they have reached an agreement to join forces by combining BASF’s paper wet-end and water chemicals business with Solenis to create a customer-focused global solutions provider to the paper and water chemicals industries. BASF will hold a 49% share of the combined entity. Pending approval of the relevant authorities, closing is anticipated for the end of 2018.
BASF will transfer several production sites currently operated by its paper and water chemicals business, including sites which manufacture certain products sold to BASF’s mining and oilfield customers. BASF’s Mining & Oilfield Solutions business will not be impacted and will continue to source its products from the same dedicated production lines.
For further details on this agreement, please visit https://www.basf.com/en/company/news-and-media/news-releases/2018/05/p-18-195.html to read the press release and in case of any questions, please do not hesitate to contact your BASF representative.
About BASF Mining Solutions
BASF Mining Solutions offers an extensive range of mineral processing reagents. The strengths of the global business are in solid/liquid separation and solvent extraction; however we also offer reagents for flotation, dispersing, agglomerating and others. Our products are marketed worldwide. Further information can be found at: www.mining-solutions.basf.com.