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BASF India announces plans of setting up of a new global business unit for all pigments business

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Capital Market

With effect from January 2016

BASF India announced that its parent Company, BASF SE, Germany is setting up a new global business unit combining all its pigments activities effective January 2016. In the second half of 2016, BASF intends to establish a separate BASF legal entities for pigment business.

This new unit will fully concentrate on the pigments business and will help to further strengthen its support to the needs of the pigments customers worldwide. BASF's pigments business serves a variety of industries including paints & coatings, printing & packaging and plastics.

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First Published: Jul 22 2015 | 7:09 PM IST

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