MOSCOW (MRC) -- BASF will start marketing several polyamide (PA) and polyphthalamide (PPA) grades in Europe that it acquired as part of the takeover of Solvay’s PA66 business, said the company.
These engineering plastics, previously sold as Technyl®, will continue at BASF under the established brand name Ultramid®. Customers globally will benefit from an extensive plastics portfolio including both PA66 grades and Ultramid® One J, a PPA based on PA66/6T. Thus, BASF will support its customers in developing innovative plastics solutions across all industries, for example for E&E applications like connectors and circuit breakers, for consumer and household electronics, and for autonomous driving and emobility.
The European Commission granted BASF approval for the acquisition of Solvay’s polyamide business subject to certain conditions. As a result, BASF started to successfully sell the integrated engineering plastics in growth markets in Asia as well as North and South America.
BASF and Solvay signed an agreement on the acquisition of Solvay’s integrated polyamide business in September 2017. The European Commission approved the acquisition in January 2019 under certain conditions, including the sale of Solvay’s polyamide 66 production plants in Europe. BASF concluded the acquisition of the polyamide business on January 31, 2020. Because of the backward integration for the key raw material adiponitrile (ADN), BASF now covers the entire value chain for polyamide 66 and improves its supply reliability. The business has been integrated into BASF’s Performance Materials and Monomers divisions.
BASF's Intermediates division develops, produces and markets an extensive range of more than 600 intermediates worldwide. The most important product groups include amines, diols, polyalcohols, acids and specialties. Intermediates serve, for example, as starting materials for coatings, plastics, pharmaceuticals, textiles, detergents and crop protection products. Innovative intermediates from BASF help to improve the properties of the products manufactured with them and the efficiency of production processes. The ISO 9001-certified Intermediates division operates from sites in Europe, Asia and North America. In 2020, the business sector generated sales to third parties of approximately EUR2.6 bn.
MRC