# BASF acquires Solvay polyamide business, enhancing R&D in Asia

BASF has acquired the Solvay polyamide business, integrating R&D centers in Shanghai and Seoul to enhance capabilities for advanced material solutions.

- Type: Acquisition
- Announced: 2020-08-13
- Where: Shanghai, China
- Status: completed
- Products: polyamide, high-temperature grades, flame-retardant products
- 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) (acquirer)
- [Solvay](https://endata.com/companies/1830.md) (target)

## Sources

- [basf.com](https://www.basf.com/hk/en/media/news-releases/asia-pacific/2020/08/basf_enhances_rd_capabilities_with_the_acquisition_of_polyamide_business_from_solvay), 2020-08-13: "Through the acquisition of the Solvay polyamide business, BASF has enhanced its R&D capabilities in Asia Pacific with new technologies, technical expertise, and upgraded material and part testing services."

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