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Süd-Chemie to Acquire BASF’s Syngas Catalysts Facility in China (update)

1:49 AM MDT | April 21, 2009 | Deepti Ramesh

Süd-Chemie says it has signed an agreement to acquire BASF’s production site for synthesis gas (syngas) catalysts at Nanjing, China. The acquisition includes production facilities, intellectual property, and sales teams associated with the business which BASF acquired via its 2006 purchase of Engelhard. The Nanjing syngas catalysts site employs about 400 people and is independent of BASF’s main production facility at Nanjing. Sales from the site represent a "very small" proportion of BASF's total anual catalyst sales of about...

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