Industry News, Mergers and Acquisitions, Suppliers News

BASF Divests Global Photoinitiator Business to IGM Resins

Move allows BASF to focus on core resins and additives technologies for radiation-curing markets.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF has sold its global photoinitiator business to IGM Resins B.V., Netherlands, 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.   Photoinitiators are used in radiation-curing formulations in various industries. Typical end-user applications are coatings for furniture and flooring as well as inks...

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