BASF acquires two plants in Thailand

19-Dec-06

As part of its global expansion aimed at maintaining annual business growth of 7%, BASF has acquired two plants in Thailand. One facility, purchased from Degussa, produces admixtures and "construction systems". The second is Engelhard Chemcat (Thailand), in Rayong province, producing auto-emission catalysts. With these acquisitions, the group has a total of five plants in Thailand, to cater to the Asean region where the chemical market is the largest and fastest growing in the world. BASF's product-mix in Thailand includes agricultural products, functional polymer, acrylic monomer and super-asorbents, textile chemicals, plastic and fibres, polyurethanes and fine chemicals.