Deal gives BASF foam extrusion technology

Published: March 5, 2012 6:00 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Suppliers, NPE 2012

LUDWIGSHAFEN, GERMANY (March 5, 11:30 a.m. ET) — BASF SE has purchased the PET foam business of Italian company B.C. Foam SpA, headquartered in Volpiano.

The acquisition includes production facilities and intellectual property rights, as well as a special extrusion process that enables the production of high-performance PET foams with very high densities.

B.C. Foam, which has 12 employees, also makes PET films.

“By expanding our portfolio of sophisticated structural foams, this acquisition will enable BASF to further strengthen its position as a leading foam provider. These PET foams are primarily used in wind turbine rotor blades and will extend our product range for the growing global wind energy market,” said Wolfgang Hapke, president of BASF’s performance polymers division, in a news release.

Terms were not disclosed. BASF is based in Ludwigshafen.


Comments

Deal gives BASF foam extrusion technology

Published: March 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Westlake Chemical Partners has strong stock opening

August 1, 2014 10:13 am ET

Westlake Chemical Partners LP debuted July 31 on the New York Stock Exchange at $24 per share, but jumped 28 percent by the end of the day.    More

LLDPE, PP sales grow in US, Canada

August 1, 2014 10:30 am ET

Other commodity resins lagged behind their rates from the first half of the previous year.    More

Private equity firm buys majority share of truck accessory maker

July 31, 2014 10:30 am ET

A majority share of Ann Arbor, Mich.-based truck accessory manufacturer Tectum Holdings Inc. has been acquired by Boston-based private equity firm TA ...    More

Image

Impact-resistant window maker buys competitor for $111 million

July 31, 2014 3:07 pm ET

PGT Inc. is acquiring CGI Windows & Doors Holdings Inc. for $111 million as part of a plan to grow strategically by buying businesses with...    More

Buyer plans to sell former Hoover molding, assembly plants

July 31, 2014 2:06 pm ET

A former Hoover manufacturing plant with 150 injection machines in El Paso, Texas, and a nearby maquiladora plant in Juarez, Mexico, changed owners an...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events