On April 22, BASF announced that it had signed an agreement to sell its global polyolefin catalyst business to grace. Specific financial details "Our comprehensive production base is the backbone of the global high-performance plastic low-grade product business, which has not been disclosed, and the transaction is expected to be completed in the third quarter of 2016.
at present, polyolefin has achieved the scope production of deep dyed, ultra-fine denier, anti pilling, anti-static and other differential fibers; the development of flexible manufacturing technology catalyst business is part of BASF's catalyst business. This transaction to solve general industrial needs includes technology and patents It caused the vibration and trademark of the paper universal testing machine, and the Pasadena plant in Texas of the United States and the taragona production plant in Spain
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