29 August 2016
Products
The IGM product portfolio includes
photoinitiators, acrylates and additives.
Each of these product groups are supported by
Technical Product Managers that operate
in close collaboration with customers in each UV market.
It’s 100% UV focus brings our customers
a broad range of products in
all UV / EB curable raw materials, including
innovative acrylates for matte energy curing coatings
and photoinitiators for low migration materials.
IGM provides additives to improve production
or enhance coatings performance.
In addition, IGM tailors its products or develops
new ones to meet customer specific requirements,
and offers blending services
to improve customers productivity.
VIEW IGM RESIN'S PRODUCTS GUIDE
DETAILS
Photoinitiators are used in
radiation-curing formulations in various industries.
Typical end-user applications are coatings
for furniture and flooring
as well as inks for printing and packaging.
BASF has sold its global photoinitiator business to
a global producer and supplier
of radiation-curable material.
High-performance photoinitiators dedicated to
specific needs of electronics customers
are not part of the divestment, as
the electronics industry
is one of BASF’s strategic focus areas.
The transaction comprises business assets including
technology, patents and certain trademarks,
customer relationships and business-related contracts
as well as the company’s photoinitiator production site
in Mortara, Italy.
The transfer of the Mortara site and all of its employees
to the acquiring company is expected to be completed
shortly after the consultations
with local employee representatives.
Approximately 120 employees are affected globally.
Both parties have agreed not to disclose
financial details of the acquisition.
Dr. Markus Kramer,
President of BASF’s Dispersions & Pigments division
“This transaction allows BASF to focus on
its core resins and additives technologies
in the radiation-curing markets.
Furthermore BASF will continue to serve
the specific needs of the electronics industry
with high-performance photoinitiators,”
Contact BASF
Business Media:
Thomas Nonnast
Phone: +49 30 206 295 034
thomas.nonnast@basf.com
Trade Media:
Dispersions & Pigments
Jana Goedicke
Phone: +49 621 60-28261
jana.goedicke@basf.com
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