BASF Completes Divestiture of Global Polyolefin Catalysts Business to W.R. Grace & Co.

On Jul 1, 2016

BASF closed the transaction – previously announced in April – to divest its global Polyolefin Catalysts business to W. R. Grace & Co., a global leader in specialty chemicals and materials. The relevant merger control approvals have been granted.

Included in the transaction are technologies, patents, trademarks and the transfer of BASF’s production plants in Pasadena, Texas, and Tarragona, Spain. Approximately 170 employees have also transferred to Grace.

Related Articles: