BASF sells paper dispersions plant to Synthomer

Ludwigshafen, Germany – BASF SE has completed the sales of its production site for styrene-butadiene-based paper dispersions in Pischelsdorf, Austria to Synthomer Austria, BASF announced 3 Feb.

As previously announced, Synthomer agreed to purchase the facility for around €30 million.

The 42 employees who work at the Pischelsdorf site have been taken on by Synthomer Austria, added the German chemicals group’s statement.

With the sale for around €30 million, BASF will concentrate production of paper dispersions in Ludwigshafen and Hamina. This, it said, will strengthen the group’s competitiveness…

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