Imerys completes acquisition of BASF’s paper hydrous kaolin business
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...