BASF India completes sale stilbene-based OBA biz Archroma
Waste Management Expo 2020 MAR 12&13 BIEC, Bengaluru, India

BASF India completes sale of stilbene-based OBA biz to Archroma

11:43 AM, 6th December 2019
BASF logo

MUMBAI, INDIA: BASF India Limited has closed the previously announced transaction to divest its stilbene-based Optical Brightening Agents (OBA) business for paper and powder detergents to Archroma India Private Limited, effective December 06, 2019.

Archroma India is a member of the Archroma Group, a global leader in color and specialty chemicals. The transaction includes the stilbene-based OBA product portfolio of BASF’s Performance Chemicals and Care Chemicals division and the manufacturing unit at Ankleshwar, India. 

The specialty optical brightener technology Tinopal CBS, which BASF Suisse SA manufactures at its production site in Monthey, Switzerland, will remain core to BASF’s Home Care and Industrial & Institutional Cleaning portfolio and is not in the scope of the divestiture. 

Archroma is a portfolio company of SK Capital Partners, a private investment firm with focus on the specialty materials, chemicals and healthcare sectors. 

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

CAS launches largest collection of formulations data in India

MUMBAI, INDIA: CAS, a division of the American Chemical Society that specializes in scientific information solutions, has now launched Formulus in Ind ...

Read more
Agilent unveils new innovative ICP-OES systems for labs

SANTA CLARA, US: Agilent Technologies Inc announced a new generation of ICP-OES systems for laboratories serving the environmental, food, energy, chem ...

Read more
Solvay starts operation of new polyethersulfone line in India

PANOLI, INDIA: Solvay SA has started the operation of its new Veradel PESU (polyethersulfone) line at its plant in Panoli, India. Solvay is raising ca ...

Read more
Peruvians launch biodegradable banana leaf plates to combat plastic pollution

LIMA, PERU: A group of young Peruvians has launched a project called ‘Bio Plant’ in order to help the world use less plastic. They have cr ...

Read more
Indorama acquires Californian PET recycler Green Fiber International

BANGKOK, THAILAND: Indorama Ventures Public Company Limited (IVL), has acquired Green Fiber International Inc (GFI), a recycling company in Fontana, C ...

Read more
PepsiCo launches dry waste management education program in Varanasi, India

VARANASI, INDIA: PepsiCo in collaboration with the Indian waste management firm, Nepra, has launched its first waste management education program with ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X