24th January 2019

BASF REORGANIZES PIGMENTS BUSINESS

BASF SE plans to form a global business unit next year to combine all its pigments activities. These generated sales of about US$1.08-billion in 2014. In the second half of the year, BASF intends to carve out its pigments business and establish separate legal entities.

“By creating an organization fully dedicated to pigments, we will adapt better to the challenges in the pigments industry,” said Alexander Haunschild, senior vice-president of the regional business unit Pigments and Resins Europe, who has been named head of the new global business unit.

The new business unit will likely be headquartered close to Ludwigshafen, Germany. All employees who are dedicated to the pigments business will be transferred to the new unit.

www.basf.com