BASF Acquires Huntsman's Toluene Diisocyanate Business
The transaction involves Huntsman transferring its TDI customer list and sales contracts to BASF. The agreement does not include any transfer of manufacturing operations or personnel. Huntsman and BASF will coordinate efforts to facilitate an effective transition of supply arrangements and support services for Huntsman's TDI customers.
BASF supplies TDI from its facilities in Geismar, La.; Schwarzheide, Germany; Yeosu, Korea; and, commencing in 2006, Caojing, China.