Update: BASF and Solenis to join forces by combining paper and water chemicals businesses
BASF’s Mining & Oilfield Solutions business will not be impacted and will continue to source its products from the same dedicated production lines.
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 Oilfield and Mining Solutions
BASF offers a wide range of solutions and products for the oilfield and mining industry. Within our Global Oilfield Solutions business, we help the oilfield service industry make efficient formulations. Our portfolio comprises products for the drilling and completion of oil wells as well as chemicals for continuous and cost efficient production of valuable oil and gas resources. We develop next generation of surfactants and polymers designed to support enhanced oil recovery (EOR) operations by means of chemical injection. Mining Solutions offer an extensive range of mineral processing reagents. Our strengths are in solid-liquid separation and solvent extraction; we also offer reagents for flotation, dispersing, agglomerating and others. Further information can be found at: