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BASF to complement plastics portfolio with Solvay polyamide acquisition

19/09/2017

Chemical manufacturers BASF and Solvay have signed an agreement under which Solvay will sell its polyamide business to BASF. The companies have valued the deal at €1.6 billion. They aim to close the transaction in the third quarter of 2018, after receiving regulatory approval and the formal consent of an unnamed joint-venture partner has been...

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