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06-08-2009

BASF: Concept for Basel Site

The Paper Chemicals operating division of BASF, Ludwigshafen, Germany, which was established in April, will be headquartered in Basel, Switzerland, together with two associated business units: Coatings & Starch Europe and Wet End Chemicals. In addition, the European business unit for plastic additives and the global units for technology management and the restructuring of the pigment business will be located at the former headquarters of Ciba Holding AG in Basel. BASF is also establishing a new Business Center Switzerland in Basel, which will provide a platform for sales as well as finance and personnel functions in Switzerland. Basel will also be home to a BASF research center focusing on plastics, coatings and paper. Detailed integration plans and the necessary restructuring measures will be published in July.

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