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BASF Sells Hydrophilic Melt Additives Business

9:17 AM MDT | June 8, 2010 | Vincent Valk

BASF will sell its hydrophilic melt additives business to Techmer PM (Clinton, TN), a colors and additives maker, the company announced today. The terms of the deal, including its size, were not disclosed. Techmer's products are mainly aimed towards the plastics and fibers markets. BASF's hydrophilic melt additives are marketed under the name Irgasurf HL, however, that name will be discontinued, as the trademark was not part of the deal. The deal does include intellectual property and technical information related to the business. The company concluded that the...

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