(basf) -- BASF is planning to sell its CONICA
Sports Surfaces business area. The intention is to divest the site at
Schaffhausen (Switzerland) along with the business in order to create the
conditions for the retention of jobs. Furthermore, production and
production-related services – for example logistics – for other product lines
currently based at Schaffhausen will be transferred to another BASF site. BASF
now employs some 150 people at Schaffhausen.
“We have a strong
position with CONICA Sports Surfaces in the European home market,” said Dr.
Tilman Krauch, head of BASF’s Construction Chemicals Division. “However, growth
opportunities for sports surfaces are mainly to be found outside of Europe.
Furthermore, there are only few synergies with other BASF business areas that we
can use to further expand the business. This is why we want to sell CONICA
Sports Surfaces to a new owner who can offer the best possible chances for a
long-term, profitable growth of the business.”
The CONICA Sports
Surfaces business area includes the development, production and marketing of
surface systems for running tracks, gymnasia, tennis courts and playgrounds as
well as solutions for artificial turf and molding binders. A little less than
half of the Schaffhausen staff is employed in that business area. BASF acquired
the business in 2006 in the course of its takeover of Degussa’s construction
chemicals activities.
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