BASF sells plastic additives business intellectual property

According to news, BASF has agreed to sell its plastic additives business unit to TechmerPM, a US color and related product manufacturing company. The plastic additives business was acquired by BASF as part of the former Ciba.

It is reported that this transaction will include intellectual property and technical information. There was no change in personnel due to the absence of registered trademarks and explicit changes in assets.

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