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Company News

BASF Completes Divestiture of Paper Hydrous Kaolin Business to Imerys

November 8, 2015

LUDWIGSHAFEN, Germany/GORDON, GA – BASF has closed the deal that divests its global paper hydrous kaolin (PHK) business to Imerys, a Paris-based producer of mineral-based specialty solutions for industry. Under a tolling agreement of limited duration, BASF will continue to manufacture and supply PHK products to Imerys to enable a smooth transition for customers. Included in the transaction is a kaolin milling facility in Wilkinson County, Georgia, referred to as the Gibraltar mill.

BASF will continue to own and operate its other assets in Georgia, including kaolin reserves, mining and production facilities as well as a slurry facility in Ghent, Belgium.

KEYWORDS: divestments paper coatings

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