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BASF to Acquire Solvay’s Polyamide Business

BASF, Ludwigshafen, Germany, announced it will purchase Solvay’s integrated polyamide business for $1.9 billion. The deal is expected to be completed in the third quarter of 2018.  BASF is a producer of specialized MDI-based binders engineered for wood product producers. Their North American division is headquartered in Florham Park, NJ. See BASF

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