# BASF to acquire Solvay's global non-European polyamide business for €1.3B

BASF agreed to acquire Solvay's global non-European polyamide 6.6 business, including an ADN production stake, for €1.3 billion. The deal includes eight production sites and is expected to close by end of 2019.

- Type: Acquisition
- Announced: 2019-08-14
- Where: Greifenberg, Germany, Germany
- Value: $1.45B (1.30B EUR)
- Jobs: 700
- Status: announced
- Products: polyamide 6.6, engineering plastics, adipodinitrile
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [BASF](https://endata.com/companies/298.md) (acquirer)
- [BASF](https://endata.com/companies/298.md) (target)
- [Solvay](https://endata.com/companies/1830.md) (target)
- [DuPont](https://endata.com/companies/13205.md) (acquirer)
- [Inge](https://endata.com/companies/34952.md) (target)

## Sources

- [basf.com](https://www.basf.com/se/en/media/news-releases/2019/08/p-19-303), 2019-08-13: "BASF will acquire the global, non-European PA6.6 business from Solvay including its 50% share in Butachimie’s adipodinitrile (ADN) production according to the agreement signed in September 2017."
- [basf.com](https://www.basf.com/au/en/media/news-releases/global/2019/08/p-19-303), 2019-08-13: "BASF will acquire the global, non-European PA6.6 business from Solvay including its 50% share in Butachimie’s adipodinitrile (ADN) production according to the agreement signed in September 2017."
- [basf.com](https://www.basf.com/kr/en/media/news-releases/global/2019/08/p-19-303), 2019-08-13: "BASF will acquire the global, non-European PA6.6 business from Solvay including its 50% share in Butachimie’s adipodinitrile (ADN) production according to the agreement signed in September 2017."
- [basf.com](https://www.basf.com/global/en/media/news-releases/2019/08/p-19-303), 2019-08-13: "BASF will acquire the global, non-European PA6.6 business from Solvay including its 50% share in Butachimie’s adipodinitrile (ADN) production according to the agreement signed in September 2017."
- [basf.com](https://www.basf.com/my/en/media/news-releases/global/2019/09/p-19-339), 2019-09-22: "The inge team has done a great job in developing the ultrafiltration membrane technology into a well-established player in the market."
- [basf.com](https://www.basf.com/global/en/media/news-releases/2019/09/p-19-339), 2019-09-22: "The inge team has done a great job in developing the ultrafiltration membrane technology into a well-established player in the market."
- [prnewswire.com](https://www.prnewswire.com/news-releases/dupont-to-acquire-ultrafiltration-membrane-business-from-basf-300922950.html), 2019-09-23: "This technology in combination with inge's expert team further broadens our portfolio and enhances our ability to design tailored, integrated solutions for drinking water, industrial and waste water treatment applications globally."
- [cen.acs.org](https://cen.acs.org/environment/water/BASFs-ultrafiltration-business-flows-DuPont/97/i38), 2019-09-27: "Ultrafiltration membranes are made of very small, tough, hollow fibers that, in water treatment systems, trap harmful bacteria, viruses, and other contaminants but permit dissolved minerals to pass through."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.