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BASF completed acquisition of CRI/Criterion’s styrene catalysts business

January 12/2011

(BASF) -- BASF successfully completed its acquisition of CRI/Criterion’s global styrene catalysts business. As part of this agreement, BASF has acquired CRI/Criterion’s customer list, contracts and exclusive and non-exclusive licenses for intellectual property, including applicable patents and know-how in the field of styrene catalysts, as well as CRI/Criterion’s styrene catalysts inventory. There were no plant assets associated with the deal.


BASF previously announced the signing of this purchase agreement via a news release issued on November 29, 2010.


BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air, produce the fuels and ensure efficient production of a wide variety of chemicals, plastics and other products.


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