BASF completes acquisition Ciech’s TDI business

BASF completes acquisition of Ciech’s TDI business

5:53 AM, 12th March 2013
BASF completes acquisition of Ciech’s TDI business
BASF headquarters in Germany.

WATERLOO, BELGIUM: BASF has successfully completed its acquisition of parts of Ciech’s TDI (toluene diisocyanate) business. The TDI production facility of Ciech’s subsidiary Zachem, Poland, is not part of the transaction.

“With this acquisition, we are further developing our leading position in the isocyanates market. Our highest priority now is focusing on a seamless integration for our customers and our employees,” said Kenneth Lane, Senior Vice President, Global Strategic Marketing and European Polyurethane Basic Products, BASF.

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