BASF adds Basel to European operation

BASF plans to locate its European business unit for additives, global units for technology management, and the restructured pigment business at the former headquarters of Ciba Holding in Basel. A new business centre is being established for Switzerland in Basel, serving as platform for sales, finance and personnel functions; along with BASF research centre focusing on plastics, coatings and paper. This decision has been reached post-acquisition as BASF and Ciba started analysing the best combination of the businesses. BASF plans to merge Ciba Holding with BASF Specialty Chemicals Holding.
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