BASF sells Bleaching Clay and Mineral Adsorbents businesses to EP Minerals

BASF signed an agreement to sell its Bleaching Clay and Mineral Adsorbents businesses to EP Minerals. The transaction includes a production site and clay mine in Mississippi and mineral rights in Arizona, affecting about 70 employees. Financial details were not disclosed.

“In the process of focusing our portfolio on strategic growth areas we are divesting the businesses to a strategic buyer, EP Minerals.”basf.com

• 1 source
• basf.comBASF to sell its Bleaching Clay and Mineral Adsorbents businesses to EP MineralsApr 6, 2017

Summarized from public sources; check the original articles before acting on it.