BASF to acquire motorcycle catalyst business in China to meet growing market demand
13 Dec 2006 -
BASF signed an agreement to acquire a motorcycle catalyst business in mainland China to meet the growing global demand for emissions-control technology. BASF Catalysts LLC, a wholly owned subsidiary formed by BASF after its acquisition of Engelhard Corporation in 2006, will acquire Guilin REEcat Catalyst Co., Ltd (REEcat), a motorcycle emissions-control catalyst manufacturer based in Guilin, China.
Terms of the deal were not disclosed. The transaction is expected to be completed by the end of the second quarter of 2007.
Additional information
BASF Catalysts LLC Iselin, N.J., United States of America
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