04 January 2011 16:05 [Source: ICIS news]
LONDON (ICIS)--BASF has completed its acquisition of CRI/Criterion’s global styrene catalyst business, it said on Tuesday.
Bought from owner Shell for an undisclosed sum, the business makes catalysts used to dehydrogenate ethylbenzene to form styrene.
The deal was signed on 29 November 2010 and gives BASF CRI/Criterion’s customer list, contracts and exclusive and non-exclusive licences for intellectual property, including applicable patents and know-how in the field of styrene catalysts, as well as CRI/Criterion’s styrene catalysts inventory, BASF said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections