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BASF agrees to divest manufacturing site in Kankakee, Ill. - Chemical Engineering

BASF agrees to divest manufacturing site in Kankakee, Ill.
By Mary Page Bailey |
December 18, 2020
BASF SE (Ludwigshafen Germany) has reached an agreement to sell its manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The businesses have around 160 employees including business management and commercial personnel across the U.S. The transaction is expected to close in the first half of 2021, subject to the approval of the relevant competition authorities. Terms of the transaction were not disclosed. ....

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BASF sells Illinois surfactants site to private equity

20:03 PM | December 17, 2020 | Vincent Valk
BASF has agreed to sell its Illinois surfactants site and related businesses to One Rock Capital Partners.
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Changes in the Board of Executive Directors of BASF

Changes in the Board of Executive Directors of BASF
Business & Financial News
|
December 17, 2020
Global
Melanie Maas-Brunner appointed to the Board and succeeds Wayne T. Smith
Redistribution of responsibilities effective February 1, 2021 and June 1, 2021
Ludwigshafen, Germany – December 17, 2020 – The Supervisory Board of BASF SE today appointed Dr. Melanie Maas-Brunner (52) as a member of the Board of Executive Directors effective February 1, 2021. Maas-Brunner has been with BASF since 1997 and has headed BASF’s Nutrition & Health division since 2017. In her new role as of February 1, 2021, she will also take over the position as Chief Technology Officer from Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF. She will assume responsibility for the three research divisions Advanced Materials & Systems Research, Bioscience Research, Process Research & Chemical Enginee ....

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BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners

BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners
Business & Financial News
|
December 17, 2020
Global
BASF reaches agreement to sell site in Kankakee, Illinois to One Rock Capital Partners
BASF has reached an agreement to sell its manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters produced there to an affiliate of One Rock Capital Partners, LLC, a U.S.-based private equity firm. The businesses have around 160 employees including business management and commercial personnel across the U.S. The transaction is expected to close in the first half of 2021, subject to the approval of the relevant competition authorities. Terms of the transaction were not disclosed. ....

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Newswire & Press Release / BASF Reaches Agreement to Sell Site in Kankakee, Illinois to One Rock Capital Partners - Manufacturing / Robotics - BASF

Newswire & Press Release / BASF Reaches Agreement to Sell Site in Kankakee, Illinois to One Rock Capital Partners - Manufacturing / Robotics - BASF
newswiretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswiretoday.com Daily Mail and Mail on Sunday newspapers.

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