PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Free Download of

Paint and Coatings Industry News

Main News Page


Reports: BASF ‘Close’ to Deal for Cognis

Thursday, June 10, 2010

Comment | More

Chemicals and coatings giant BASF AG (Ludwigshafen, Germany) is reported to be close to a deal to acquire Cognis (Monheim, Germany), with a purchase price put at approximately 3 billion euros (about $4.03 billion) in news reports in Europe.

Cognis is a manufacturer of additives for various industrial markets, including coatings. The company is owned by the private-equity firms Permira and Goldman Sachs Capital Partners.

Various news reports in Europe suggested that an announcement on the acquisition could come next week. The companies have declined to comment, the reports said.

Earlier news reports suggested that U.S.-based Lubrizol Corp. also had made an overture for Cognis.

   

Tagged categories: Acquisitions; Additives; BASF; Coatings raw materials manufacturers; Cognis; Mergers; Raw materials

Comment Join the Conversation:

Sign in to our community to add your comments.

U.S. Zinc

The proven corrosion protection properties of our zinc dust prolong the life of marine coatings. U.S. Zinc – Helping the world work™


Axxiom Manufacturing
Schmidt Improves
Portable Blasters

Schmidt's VBS System reduces blowdown intensity, prevents exhaust from damaging floor while using no screens or filters. Reduces sound; Increasing safety.
Call 1-800-231-2085


DeHumidification Technologies
HUMIDITY PROBLEMS?

DH Tech has the most innovative and reliable equipment available to
control humidity efficiently
and effectively.
IT'S UNDER CONTROL!


CS Unitec
Peening Preparation Tools

CS Unitec’s hand-held scarifiers are an ideal alternative to small-area shot blasting for cleaning and preparing concrete & metal surfaces. info@csunitec.com


Atlantic Design, Inc.
OUR INDUSTRY IS CHANGING!

We should know. We’re the ones leading the way. Cleverly simple. Clearly ADI. 866.Call.ADI


US Minerals
US Minerals -
Black Magnum

With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com