Issue Date: October 9, 2017
Two paper chemical businesses are sold
BASF will sell a plant in Pischelsdorf, Austria, that makes styrene-butadiene paper coating dispersions to Synthomer for $35 million. All of the site’s 42 staffers will transfer to Synthomer. BASF says it will hold onto styrene-acrylic dispersion activities in Pischelsdorf and continue to produce styrene-butadiene dispersions in Ludwigshafen, Germany; and Hamina, Finland. Separately, Ecolab will acquire Georgia-Pacific’s paper chemicals unit, which reported 2016 sales of about $43 million. The business sells products that enhance the strength, softness, and durability of paper.
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