Chemical Week Magazine :: Business & Finance :: Europe/Mideast
BASF Seeks Expansion in Dispersions and Pigments
11:28 AM MST | December 10, 2010 | —NATASHA ALPEROWICZ IN LUDWIGSHAFEN
BASF has realigned its performance products segment following the acquisition of Ciba Specialty Chemicals and given the segment an Ebitda margin target of 18% in 2012. It has set a minimum Ebit margin target of 20% for the segment by 2012, including the more recently announced acquisition of Cognis—a huge increase on the 9.9% Ebitda margin achieved in 2009. Dispersions and pigments, one of five divisions within performance products and accounting for 26% of the segment’s €9.4-billion ($12.6 billion) sales in 2009, has been tasked to grow faster...
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