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Reports 23 of 55 acquired production sites worldwide under review
July 15, 2009
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF has finalized its plans for the integration of Ciba Holding AG, which it acquired in April 2009. Under the plans, former Ciba businesses are to be integrated into the operating divisions in BASF’s Performance Products segment, where their potential can best be realized and developed. The integration will involve extensive restructuring measures that BASF expects to generate synergies of at least €400 million per year from 2012 onward. By the end of 2010, savings of approximately €300 mi...
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