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BASF Ciech acquisition

3:21 PM MDT | March 18, 2013

BASF says it has completed its acquisition of parts of Ciech’s (Warsaw) toluene diisocyanate (TDI) business. The TDI production facility of Ciech’s subsidiary Zachem (Bydgoszcz, Poland), is not part of the transaction and has been closed down. TDI is a key component for the polyurethane industry, used in flexible foams for mattresses, cushions, or wood coating, as well as in the automotive industry in seating cushions and interior...

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