BASF May Divest Its Leather And Textile Chemicals Business

BASF has announced a reorganization of its performance products business segment, in anticipation of closing the company’s acquisition of Ciba Specialty Chemicals toward the end of this quarter. BASF says it will “review strategic options” for its poorly performing leather and textile chemicals business, including a possible divestment of the business, as part of the reshuffle. Feldmann: Ciba to be integrated rapidly. The planned reorganization, effective April 1, is designed to “focus our business on the needs of our customers and...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers