12 October 2012
Details
BASF
announced the acquisition of
parts of Ciech's global TDI business.
production facility of Ciech's subsidiary
Zachem, Poland is not part of the transaction.
Closing of the transaction is expected
in the first quarter of 2013
Ciech and BASF will cooperate closely to facilitate
an effective transition of supply agreements
and supports services for Ciech's TDI customers
BASF Polyurethane Division
* This acquisition underlines strong commitment
to the TDI markets in
Europe, the Middle East, Africa and worldwide.
* BASF' strong commitment to the TDI business
is also illustrated by the construction of the
world's largest single-train TDI plant
in Ludwigshafen, Germany
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About TDI (Toluene Diisocyanates)
TDI is a key component for polyurethanes industry such as
* Furniture segment
- flexible foams for mattress, cushions and wood coating
* Automotive segment
- Seat cushion and interior applications
BASF and TDI
* BASF operates 4+1 TDI plants in
- USA ; Louisiana, Geismar
- Korea ; Yeosu
- China ; Caojing
- Germany; Schwarzheide, Germany
- As of 2014 in Germany, Ludwigshafen
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