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Business

BASF Considers Divesting Styrenics

July 23, 2007 | A version of this story appeared in Volume 85, Issue 30

BASF is evaluating strategic options for selected parts of its styrenics business. The company says it has received an initial offer for these units from a firm it won't identify and plans to begin discussions with the company. The businesses under consideration include styrene, polystyrene, styrene-butadiene copolymer, and acrylonitrile-butadiene-styrene. The businesses had sales in 2006 of about $4 billion and have approximately 1,000 employees.

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