Polyolefin Catalysts BASF to close divestiture of global Polyolefin Catalysts business

Editor: Anke Geipel-Kern

BASF completes divestiture of global Polyolefin Catalysts business to W. R. Grace & Co..

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Basf developed a three-way conversion catalyst which reduces exhaust gas emissions.
Basf developed a three-way conversion catalyst which reduces exhaust gas emissions.
(Bild: BASF SE)

Ludwigshafen — BASF has closed the previously announced transaction to divest its global Polyolefin Catalysts business to W. R. Grace & Co., a global leader in specialty chemicals and materials. The relevant merger control approvals have already been granted.

Included in the transaction are technologies, patents, trademarks and the transfer of BASF’s production plants in Pasadena, Texas, and Tarragona, Spain. Approximately 170 employees have also transferred to Grace.

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