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BASF will toll for Imerys during a short transition period post-closing to ensure continued supply for customers.
June 8, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF has signed a contract to sell its global paper hydrous kaolin (PHK) business to Imerys. In September 2014, BASF announced its plan to evaluate strategic options for its PHK business. The divestiture is subject to approval by the relevant merger control authorities. Closing of the transaction is expected to take place during the third quarter of 2015. The parties have agreed not to disclose the financial details of the transaction. Imerys will purchase the global PHK business including a...
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