BASF will focus on promoting the development of the polyamide value chain

BASF SE (BASF SE.) The the INEOS acrylonitrile (INEOS NITRILES) announced that they have INEOS acrylonitrile companies acquired English Ti Sede (Teesside) BASF Seal Sands, venue to reach an agreement. Relevant competition authorities have approved the acquisition conditions. The contracting parties agreed to not divulge the purchase price.
BASF Corporation BASF plc, the venue has about 240 employees and 250 contract workers. All employees will be transferred to the INEOS acrylonitrile companies, the new company will take over existing contracts, supply and service matters.
Seal Sands, the venue has a large-scale acrylonitrile (AN), ammonium dinitramide (ADN) and hexamethyl disilane (HMD), production capacity, but also the production of by-products. These chemical intermediates are used in the production of propylene Qinghe polyamide (PA) fibers, and then used to produce clothing and carpets, at the same time the butadiene ─ styrene-acrylonitrile copolymer (ABS), and PA plastics for automotive, electrical and electronics, and appliance industries.
HMD is still the main component of the BASF's PA 6.6 value chain. To this end, HMD plant is not for sale. The INEOS acrylonitrile will BASF business HMD factory. AND factory. Before closing on the end of 2008, Seal Sands, will produce AND, this is the announcement by BASF in June 2007. AND is the HMD raw materials.
BASF's functional polymers the Minister Harald Lauke said, we have agreed to accept an external supplier from 2009. Sell ​​Seal Sands, venue part of the production to the concentration of the polyamide value chain steps.
The INEOS acrylonitrile CEO Rob Nevin 'said the acquisition of BASF's Seal Sands, manufacturing site is a necessary development steps of the company, it will support the formation of our long-term strategic measures. We attach great importance to the customer's performance, this acquisition will be beneficial to their development.