BASF acquires Huntsman’s global TDI business
BASF has acquired Huntsman’s global toluene diisocyanate (TDI) business, effective July 6, 2005. Financial terms of the agreement were not disclosed.
The transaction involves Huntsman transferring its TDI customer list and sales contracts to BASF, but does not include any transfer of manufacturing operations or personnel.
“BASF is committed to the global TDI market and looks forward to establishing a successful relationship with Huntsman’s former customers and supplying consistent, high-quality TDI to them,” said Jean-Pierre Dhanis, President of BASF’s Polyurethanes division.
BASF has TDI production facilities in
The isocyanate TDI is an important basic product in the manufacture of polyurethanes.
