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Clariant to Purchase BASF’s US Attapulgite Business Assets for $60 Million

BASF’s Attapulgite business assets to extend North American footprint in line with Clariant’s bolt-on acquisition strategy and sustainability focus.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Clariant has signed definitive agreements to acquire BASF’s U.S. Attapulgite business assets for $60 million in cash, including the signing of a long-term supply agreement for attapulgite-based products to BASF. The acquisition is subject to customary closing conditions and is expected to close in summer 2022. BASF’s Attapulgite business is one of the largest attapulgite miners and producers in North America, with mining operations in Georgia and Florida and processing operations in Quincy, F...

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