Specialty chemicals company BASF has completed its acquisition of parts of Ciech’s TDI (toluene diisocyanate) business, leaving out the TDI production facility of Ciech’s subsidiary Zachem, Poland.

“With this acquisition, we are further developing our leading position in the isocyanates market,” said Kenneth Lane, Senior Vice President, Global Strategic Marketing and European Polyurethane Basic Products . “Our highest priority now is focusing on a seamless integration for our customers and our employees.”

TDI is a key component for the polyurethane industry and to a large extent, is used in the furniture segment including flexible foams for mattresses, cushions or wood coating; as well as in the automotive industry for seating cushions and interior applications.

BASF is a leading supplier of basic products for polyurethanes and operates TDI plants in Geismar, Lousiana; Yeosu, Korea; Caojing, China; Schwarzheide, Germany; and as of 2014 in Ludwigshafen, Germany.

(PRA)

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