IHS Chemical Week

People & Business :: M&A

BASF completes acquisition of parts of Ciech's TDI business

8:57 AM MDT | March 11, 2013 | Natasha Alperowicz

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.   “With this acquisition, we are further developing our leading position in the isocyanates market,” said Kenneth Lane, senior v.p./global strategic marketing and European polyurethane basic products. “Our highest priority now is focusing on a seamless integration for our customers and our...

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