BASF acquisition of Inge approved

LSRUNQI

BASF acquisition of Inge approved
6 K, J8 R$ p) i- t$ d8 u0 S# I
Thursday, August 18, 2011

Ludwigshafen, Germany - The acquisition of the Germany based ultrafiltration specialist Inge Watertechnologies AG by BASF was closed successfully. The anti-trust authorities approved the transaction unconditionally. Through this acquisition, BASF gains access to the market of ultrafiltration technology, a process used in the treatment of drinking water, process water, wastewater and sea water based on specific Multibore membrane technology. Making this move, BASF will profitably expand its market position in the attractive and rapidly growing water treatment market and broaden the technology base for its water platform.