Mergers and Acquisitions, Suppliers News

BASF to Divest Global Polyolefin Catalysts Business to W.R. Grace & Co.

It is intended that approximately 170 employees globally will also transfer to Grace.

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

BASF has signed an agreement to sell its global Polyolefin Catalysts business to W.R. Grace & Co. Currently, the Polyolefin Catalysts business is part of BASF’s Catalysts division. BASF and Grace intend to complete the transaction in the third quarter of 2016. The targeted transaction includes technologies, patents, trademarks and the transfer of BASF’s production plants in Pasadena, Texas, and Tarragona, Spain. It is intended that approximately 170 employees globally will also transfer t...

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