The European Commission today approved the acquisition of Ciba Holding AG by BASF. The approval is subject to the divestiture of individual product lines and production plants as well as a product license. The conditions apply to products that accounted for sales of less than €100 million in 2008.
The decision by the U.S. Federal Trade Commission (FTC) is still pending. This approval is a precondition for the closing of the acquisition with the transfer of shares to BASF and the payment of the offer price to Ciba shareholders. BASF is confident of receiving approval by late March/early April.
In response to a request by BASF, the Swiss Takeover Board has extended the deadline for the closing of the transaction by four weeks until April 9, 2009. The trading of Ciba shares on a second trading line will also be extended. As a result, Ciba shares tendered to BASF can be traded on this lane until shortly before closing.
Intertek Acquires Divisions of Ciba Expert Services from BASF
Intertek announced the acquisition of Ciba Expert Services' Environmental, Safety, & Testing and Regulatory businesses, including Cantox Health Sciences and Ashuren Health Sciences. The acquisition substantially strengthens Intertek's scope and depth for regulatory consulting to meet custo ... more
Integration of Ciba: BASF specifies restructuring plans
BASF has finalized its plans for the integration of Ciba Holding AG, which it acquired in April 2009. Under the plans, former Ciba businesses are to be integrated into the operating divisions in BASF’s Performance Products segment where their potential can best be realized and developed. Th ... more
BASF presents concept for Basel site
Effective July 1, 2009, BASF’s Paper Chemicals operating division, which was established in April, will be headquartered in Basel, Switzerland, together with two associated business units: Coatings & Starch Europe and Wet End Chemicals. In addition, the European business unit for plastic ad ... more
Ciba Spezialitätenchemie Pfersee GmbH
Our production sites, R&D facilities and sales departments are organized in two subsidiaries. Ciba Holding Deutschland GmbH is serving as the parent organization of these subsidiaries. The holding including the Business Support Group supports the entities with administrative, financial and ... more
Ciba Especialidades Quimicas Ltda
Ciba is a leading global company dedicated to producing high-value effects for its customers’ products. We create effects that improve the quality of life – adding performance, protection, color and strength to plastics, paper, automobiles, buildings, home and personal care products and muc ... more
* Ciba creates effects to improve the quality of life. * Our specialty chemicals, added in small quantities, improve existing or add new qualities to materials at every stage of their production processes. * As well as products, we offer a wide range of knowledge-based services an ... more
BASF announced its investment in a new citral plant as part of its Verbund site in Zhanjiang, China, and menthol and linalool downstream plants at its Verbund site in Ludwigshafen, Germany. These plants are expected to come on stream from 2026 onwards. The investment is driven by a growing ... more
BASF shows resilience in a challenging market environment
BASF Group has shown resilience in the 2022 business year in a challenging market environment that was dominated by the consequences of the war in Ukraine and in particular by increased raw material and energy prices. As Dr. Martin Brudermüller, Chairman of the Board of Executive Directors, ... more
Efficient recovery of lithium from end-of-life batteries and battery production scrap
BASF has entered into a long-term collaboration agreement with Tenova Advanced Technologies (TAT) of Yokneam, Israel, for its battery recycling prototype plant in Schwarzheide, Germany. Both companies agreed to jointly optimize the hydrometallurgical recycling process, leveraging TAT’s nove ... more
Industrial implementation of the ammonia synthesis - How does it work?
In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize ... more
BASF Construction Solutions GmbH
BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai ... more
2007 Formation of BASF Fuel Cell as leading supplier of fuel cell components 2006 BASF acquires PEMEAS 2005 E-TEK becomes division of PEMEAS 2004 Celanese and investors form PEMEAS 2003 BASF starts development of HC-membrane 2002 Strong IP position and manufacturing facility for Celt ... more
In order to be able to take advantage of the opportunities for profitable growth throughout the world, BASF is represented with production and sales facilities in all economic regions. Even though Europe is BASF's home market, the dynamic regions of North America, Asia and South America are ... more
