Headlines

BASF Shows Interest In Degussa's Construction Chemicals Business

January 3, 2006
/ Print / Reprints /
ShareMore
/ Text Size+

BASF has expressed interest in acquiring Degussa's construction chemicals division to expand its own portfolio in a high-growth market through forward integration. With the approval of its Supervisory Board, BASF's Board of Executive Directors has proposed to Degussa's Board of Management to conduct exclusive negotiations on the possible transaction. Following a detailed review of the business case, BASF plans to make a concrete offer for Degussa's business. BASF hopes to start the review as soon as possible. The global construction chemicals market is valued at around €13 billion and offers an attractive annual growth of about 4 percent, relatively stable margins, and high potential for innovation. The acquisition of Degussa's business would give BASF quick access to additional industrial customers and end-users.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail advantages and innovations for multiple end uses.

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

THE MAGAZINE

Adhesives & Sealants Industry Magazine

ASI April 2014 cover

2014 April

Our April issue focuses on pressure-sensitive adhesives, including a preview of PSTC's 2014 Tape Summit, as well as converting/packaging and composites!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

asi1211p_Cover-DE.gifASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40