Imerys completes acquisition of BASF’s paper hydrous kaolin business

By Kasia Patel
Published: Tuesday, 03 November 2015

Imerys' acquisition of BASF's PHK business is expected to boost revenues by $60m on a full-year basis, while BASF is focusing on non-paper kaolin applications, which it expects to lead growth in the near future.

Germany-headquartered chemicals company BASF has completed the divestment of its global paper hydrous kaolin (PHK) business to French industrial minerals producer Imerys SA.

Under the terms of the agreement, BASF will continue to produce and supply PHK products to Imerys for a period of time determined by the French company...

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