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Acquisition of Solvay’s polyamide business leads to strengthened backward integration covering the entire polyamide 66 value chain.
February 1, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
On Feb. 1, 2022, BASF will start marketing several polyamide (PA) and polyphthalamide (PPA) grades in Europe that it acquired as part of the takeover of Solvay’s PA66 business. These engineering plastics, previously sold as Technyl, will continue at BASF under the estab-lished brand name Ultramid. Customers globally will benefit from an extensive plastics portfolio including both PA66 grades and Ultramid One J, a PPA based on PA66/6T. The European Commission granted BASF approval for the acquisition of Solvay’s polyamide business subject to certain conditions. As a result, BASF started to successfully sell the integrated engineering plastics in growth markets in Asia as well as North and South America. Now that the conditions have expired, BASF will bring these grades to Europe. “We are now able to offer the additional polyamides and PPAs to our customers globally,” said Abdullah Shaikh, head of the global PPA team. “We are looking forward to working together on projects that will unlock the full potential of Ultramid One J for innovative E&E components.” BASF and Solvay signed an agreement on the acquisition of Solvay’s integrated polyamide busi-ness in September 2017. The European Commission approved the acquisition in January 2019 un-der certain conditions, including the sale of Solvay’s polyamide 66 production plants in Europe. BASF concluded the acquisition of the polyamide business on January 31, 2020. Because of the backward integration for the key raw material adiponitrile (ADN), BASF now co-vers the entire value chain for polyamide 66 and improves its supply reliability. The business has been integrated into BASF’s Performance Materials and Monomers divisions.
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