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Divestiture includes production site and clay mine in Mississippi, and the mineral rights sublease with a mine in Arizona.
July 18, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
BASF has closed the previously announced transaction to sell its Bleaching Clay and Mineral Adsorbents businesses to EP Engineered Clays Corporation, an affiliate of EP Minerals, LLC, a worldwide leader in engineered products derived from industrial minerals. The divestiture includes a production site and a clay mine in Mississippi, and the mineral rights sublease associated with a mine in Arizona. Sixty-six employees have transferred to EP Minerals. “The divestiture of our Bleaching Cla...
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