Archroma has bought BASF's global textile chemicals business. The acquisition strategically complements Archroma’s product portfolio and geographical presence. Archroma is a global leader in specialty chemicals for textile, paper and emulsions sectors. The BASF business delivers products and technologies across the entire textile chemicals spectrum, with particular strengths in printing, finishing and coating chemicals.

Both group's textile divisions are clearly focused on strong technology developments and are constantly developing new and more sustainable products. BASF has developed a strong presence in China, India and Pakistan while Archroma is already well established in the American markets, especially in Mexico, Brazil and Argentina.

The acquisition will make the two groups reach yearly revenues of about 1.7 billion dollars. The new conglomerate is expected to register an average growth of about two per cent above local GDP.

The only entity to be further acquired by Archroma is BASF Pakistan, which is expected to be finalized in August 2015. From fiber to finish, Archroma’s chemical technology plays a key role throughout the entire value chain. From paints, adhesives and construction to the textile and paper industries, its emulsions can be found in a wide range of applications.

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