• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    High Performance and Special Effect Pigments Update

    Industrial Coatings Market Sees Strong Recovery

    Biocides Market Outlook - 2027

    Lab & Testing Equipment Directory

    Aerospace Coatings
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    Clariant’s Launches Dispersogen Flex 100

    Lincoln Tech Enters Partnership with AkzoNobel

    AkzoNobel Launches International Interzone 945GF

    Giedre Serritslev Appointed Managing Director Teknos

    Sheboygan Paint Company Adds Rosey Malchow as Customer Experience Manager
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Lincoln Tech Enters Partnership with AkzoNobel

    AkzoNobel Launches International Interzone 945GF

    Sika Expands Production of Concrete Admixtures in the U.S.

    PPG to Increase U.S. Aerospace Products Manufacturing Output to Meet Rising Demand

    Hempel Launches New Fast-drying CUI Coating
    Additives
    Binders
    Pigments
    Solvents

    Clariant’s Launches Dispersogen Flex 100

    Evonik Unveils Range of Sustainable Liquid Polybutadienes

    Solvay to Discontinue Use of Fluorosurfactants for Production of Fluoropolymers

    H.M. Royal Becomes Exclusive OCSiAl Distributor

    American Colors to Expand Sandusky, Ohio Facility
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Clariant Additives

    W. R. Grace & Co.

    Siltech Corporation

    Active Minerals

    Pilot Chemical Company
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Latin American Coatings Show 2022

    Metropolitan New York Coatings Association (MNYCA) Annual Golf Outing

    Asia Pacific Coatings Show 2022

    2022 Pacific Coatings Show

    64th Polyurethanes Technical Conference
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Clariant Additives

    W. R. Grace & Co.

    Siltech Corporation

    Active Minerals

    Pilot Chemical Company
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • India/Asia Pacific Report
      • China Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    BASF Completes Acquisition of Waterproofing Systems Supplier THERMOTEK

    ...

    BASF Completes Acquisition of Waterproofing Systems Supplier THERMOTEK
    Related CONTENT
    • BASF Confirms Discussions with Letter One
    • Borchers Buys Owensboro Specialty Polymers
    • BASF Increases Prices for Caprolactam, Polyamide Polymer in North America
    • BASF, Applied Minerals Developing, Marketing Halloysite Clay-based Products
    • BASF Raises More than $10,000 for Suicide Awareness and Prevention
    09.05.17
    BASF has completed the acquisition of GRUPO THERMOTEK, a waterproofing systems supplier based in Monterrey, Mexico. The companies had announced the transaction on April 24, 2017. Through this acquisition, BASF’s Construction Chemicals division strengthens its channels to market and builds on its portfolio of brands for construction professionals, the company reported.

    THERMOTEK, founded as a privately held company in 1992, is well- positioned in the waterproofing systems market in Mexico. According to the firm, its products are designed to offer maximum quality on virtually every type of substrate and include resinous and dispersion-based materials as well as modified asphalt sheet membranes. The company has more than 200 distributors in the region and employs approximately 500 people.

    The transaction includes the THERMOTEK and CHOVATEK brands, and others, which will continue to be sold through retail channels, material houses and local hardware stores.

    “The acquisition of THERMOTEK enables us to continue on our growth path by bringing a robust portfolio of construction solutions to a broader customer base,” said Michael Stumpp, managing director BASF Mexicana S.A. de C.V. and Central America. “This is an exciting time for our business and we welcome the THERMOTEK employees to the BASF family.”

    At BASF, the THERMOTEK business will be led by Luis Carlos Mendoza who will be responsible for day-to-day operations as director general. Former CEO David Wolberg will remain involved for a temporary period to ensure a smooth transition for the business and customers.
    Related Searches
    • basf
    • dispersion
    • led
    Suggested For You
    BASF Confirms Discussions with Letter One BASF Confirms Discussions with Letter One
    Borchers Buys Owensboro Specialty Polymers Borchers Buys Owensboro Specialty Polymers
    BASF Increases Prices for Caprolactam, Polyamide Polymer in North America BASF Increases Prices for Caprolactam, Polyamide Polymer in North America
    BASF, Applied Minerals Developing, Marketing Halloysite Clay-based Products BASF, Applied Minerals Developing, Marketing Halloysite Clay-based Products
    BASF Raises More than $10,000 for Suicide Awareness and Prevention BASF Raises More than $10,000 for Suicide Awareness and Prevention
    BASF Increases Price for Formic Acid in the United States, Canada BASF Increases Price for Formic Acid in the United States, Canada
    Axalta Presents ICONICA Powder Coatings Collection at BATIMAT Exhibition in Paris Axalta Presents ICONICA Powder Coatings Collection at BATIMAT Exhibition in Paris
    Azelis Americas Combines P.T. Hutchins into Ribelin Azelis Americas Combines P.T. Hutchins into Ribelin
    Magna, BASF Team Up to Fight Cancer in Road Hockey Fundraiser Magna, BASF Team Up to Fight Cancer in Road Hockey Fundraiser
    University of Colorado Students Win Third Annual BASF Science Competition University of Colorado Students Win Third Annual BASF Science Competition
    Ferro Acquires Dip-Tech, a Provider of Digital Printing Solutions for Glass Coatings Ferro Acquires Dip-Tech, a Provider of Digital Printing Solutions for Glass Coatings
    BASF Begins Production of Palatinol DOTP Plasticizer at Pasadena, Texas Facility BASF Begins Production of Palatinol DOTP Plasticizer at Pasadena, Texas Facility
    BASF Pushes Digitalization in Research Worldwide BASF Pushes Digitalization in Research Worldwide
    BASF Lifts Force Majeure for PolyTHF in North America BASF Lifts Force Majeure for PolyTHF in North America
    Stepan Announces Agreement to Acquire Surfactant Production Facility in Mexico Stepan Announces Agreement to Acquire Surfactant Production Facility in Mexico

    Related Content

    • Breaking News
      BASF Confirms Discussions with Letter One

      BASF Confirms Discussions with Letter One

      ...
      11.24.17

    • Breaking News | Business Operation | Industry News
      Borchers Buys Owensboro Specialty Polymers

      Borchers Buys Owensboro Specialty Polymers

      ...
      11.06.17

    • Breaking News | Price Increases
      BASF Increases Prices for Caprolactam, Polyamide Polymer in North America

      BASF Increases Prices for Caprolactam, Polyamide Polymer in North America

      ...
      11.02.17


    • Breaking News
      BASF, Applied Minerals Developing, Marketing Halloysite Clay-based Products

      BASF, Applied Minerals Developing, Marketing Halloysite Clay-based Products

      BASF will market halloysite clay-based products under a BASF trade name.
      11.02.17

    • Breaking News
      BASF Raises More than $10,000 for Suicide Awareness and Prevention

      BASF Raises More than $10,000 for Suicide Awareness and Prevention

      ...
      11.01.17

      Loading, Please Wait..
      Trending
      • AkzoNobel Names New CEO
      • Sherwin-Williams To Acquire German Industrial Coatings Company, Gross & Perthun GmbH
      • Hempel Launches New Fast-drying CUI Coating
      Breaking News
      • Clariant’s Launches Dispersogen Flex 100
      • Lincoln Tech Enters Partnership with AkzoNobel
      • AkzoNobel Launches International Interzone 945GF
      • Giedre Serritslev Appointed Managing Director Teknos
      • Sheboygan Paint Company Adds Rosey Malchow as Customer Experience Manager
      View Breaking News >
      CURRENT ISSUE

      June 2022

      • High Performance and Special Effect Pigments Update
      • Industrial Coatings Market Sees Strong Recovery

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Pharmavite Expands in Ohio with $200 Million Investment
      Nestlé Health Science Expands in New Zealand with Deal to Buy The Better Health Company
      Younger Consumers Drive Growing Demand for Ingestible Beauty and Skin Care Products
      Coatings World

      Latest Breaking News From Coatings World

      Clariant’s Launches Dispersogen Flex 100
      Lincoln Tech Enters Partnership with AkzoNobel
      AkzoNobel Launches International Interzone 945GF
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      ENDRA Life Sciences Issued 27th Patent
      AI-Enabled SKOUT Device Improves Colorectal Cancer Screening
      Simon Johnson Appointed as Senior Business Development VP at MedAcuity
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Takeda to Expand U.S. Footprint
      Croda Pharma's Lipid Systems Capability to Support mRNA Vaccines
      WuXi STA Opens High-Potency API Plant
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Latest Updates About Cosmoprof North America
      Meet the Clean Beauty Brand for Dogs
      Paco Rabanne Introduces Elle Fanning as Ambassador for New ‘Fame’ Fragrance
      Happi

      Latest Breaking News From Happi

      Two-Part Skincare Product Patented by Estée Lauder Companies
      American Cleaning Institute Pens Letter to Congress Encouraging Examination of Recyclability Improvements
      The Expert Panel for Fragrance Safety Celebrates 55 Years
      Ink World

      Latest Breaking News From Ink World

      INX Launches INXFlex Contour for Shrink Sleeve Market
      Xerox Announces Unexpected Passing of Vice Chairman and CEO John Visentin
      MNYPIA Golf Outing Set to Tee Off on Aug. 17
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Meyers purchased by third generation of Dillon family
      Epson now shipping ColorWorks C4000 inkjet label printer
      Nobelus launches new films for prime labels
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      What You’re Reading on Nonwovens-Industry.com
      Daio, Livedo Partner to Recycle Diapers
      Suominen Launches Hydraspun Reserve
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      3D Systems and EMS-GRILTECH Enter Strategic Partnership
      AIP Researchers Develop Microfluidic-Based Soft Robotic Prosthetic
      David Sharp Named Global Marketing VP at Catalyst OrthoScience
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Impinj Launches E910 RFID Reader Chip for Next Generation Enterprise IoT
      onsemi Receives Recognition for Sustainability for Third Straight Year
      Xerox Announces the Unexpected Passing of Vice Chairman and CEO John Visentin

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login