Industry News

BASF Expands Portfolio of Polymer Dispersions for Construction Chemicals

Published on 2008-04-08. Author : SpecialChem

Ludwigshafen, Germany -- BASF has acquired the business activities of Austrian company BCD Rohstoffe für Bauchemie HandelsGmbH with effect from April 1, 2008. The acquisition covers BCD's entire expertise, patents and formulations. The company is known in the construction chemicals industry as a supplier of polymer dispersions, above all for cement-based coating systems, and of air-entraining agents for dry mortar and cement. BCD markets its products under the Vinagen® and Vinapor® brands.

From April, BASF will be continuing BCD's activities with its customers and business partners. "We want to expand our raw materials business for the construction chemicals industry. We will achieve this first of all by investing in research and development and with the help of our comprehensive technology platforms", said Jan-Peter Sander, head of the Regional Business Unit Dispersions for Adhesives and Construction Europe. "But we are also focusing on acquisitions, for example if a technology-oriented company like BCD and its portfolio provide an excellent fit with our existing business." The acquisition, he added, will improve BASF's technology position and make it even more attractive as a competent supplier to the construction chemicals industry.

"I am pleased that with BASF we have found a buyer where we can be sure that our business and our customers will be in good hands", stated BCD's managing director Dr. Heinz Axmann. The move ensures that BCD's existing customers will continue to be supplied with the company's products. BASF and BCD have jointly informed their respective customers about the deal.

Source: BASF

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