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People & Business :: Companies
BASF Links with Italian Firm in TMP Business
2:11 AM MDT | June 12, 2009 | Natasha Alperowicz
BASF says it will mothball its 20,000 m.t./year trimethylopropane (TMP) manufacturing plant at Ludwigshafen, its only TMP manufacturing facility, but it will stay in the business following a deal with Fabbrica Adesivi Resine (FAR; Cologno Monzese, Italy), which is due to take effect next month. Under the agreement, FAR will take over production of TMP for both partners at its 12,000 m.t./year Vercelli site, near Milan. BASF will be the exclusive marketer of TMP. The cooperation is subject to approvals by antitrust authorities. The move will lead to...
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