14-Mar-2013 - BASF SE

BASF completes acquisition of parts of Ciech’s TDI business

BASF has successfully completed its acquisition of parts of Ciech’s TDI (toluene diisocyanate) business. The TDI production facility of Ciech’s subsidiary Zachem, Poland, is not part of the transaction.

TDI is a key component for the polyurethane industry. To a large extent it is used in the furniture segment (e.g. in flexible foams for mattresses, cushions or wood coating) as well as in the automotive industry (e.g. in seating cushions and interior applications).

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    BASF to acquire parts of Ciech’s TDI business

    BASF and Ciech announced the acquisition of parts of Ciech’s global TDI (toluene diisocyanate) business by BASF. The acquisition is subject to approval by the appropriate antitrust authorities. Closing of the transaction is expected in the first quarter of 2013. Financial terms of the agree ... more