25 September 2008 16:53 [Source: ICIS news]
The business, with production at ?xml:namespace>
It serves customers in markets such as construction, appliances, transportation, heating, ventilation and air-conditioning, lighting fixture and the extrusion industries, PPG said.
PPG would acquire saleable BASF's inventory, customer list and book of business as well as various patents and trade names associated with acquired products, it said.
BASF would continue to supply products from
Production from the
"PPG is intent on retaining the technical and sales capabilities of BASF," said William Wulfsohn, PPG senior vice-president for coatings.
"As a result, the combination of BASF and PPG will better enable us to provide innovative technologies, high-quality products and superior customer service," he said.
($1 = €0.68)
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