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06-29-2006

Lanxess: SAN goes to BASF

BASF AG, Ludwigshafen, is set to acquire Lanxess AG’s (Leverkusen) European and South American business in the styrene-acrylonitrile copolymer SAN. The business has a volume of around 14000 t/a SAN. The purchase price was not disclosed. The deal includes customer lists, licences for patents and know-how, and product inventories. There are no plans to transfer production facilities or personnel. The acquisition is still subject to approval by the relevant authorities.

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