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Included in the transaction are technologies, patents, trademarks and the transfer of two of BASF’s production plants.
July 1, 2016
By: DAVID SAVASTANO
BASF has closed the previously announced transaction to divest its global Polyolefin Catalysts business to W. R. Grace & Co. The relevant merger control approvals have already been granted. Included in the transaction are technologies, patents, trademarks and the transfer of BASF’s production plants in Pasadena, TX, and Tarragona, Spain. Approximately 170 employees have also transferred to Grace.
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