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BASF divests shares in two Chinese joint ventures to Verde Chemical · Endata

◂ Announcements

Apr 21, 2025ACQUISITIONKorla, China, China

BASF divests shares in two Chinese joint ventures to Verde Chemical

BASF has completed the divestment of its shares in BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. The transaction was completed effective April 21, 2025.

Status

Completed

Productschemicals

CompaniesBASF Verde Chemical Singapore Pte. Ltd. acquirer BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. target Markor Meiou Chemical (Xinjiang) Co., Ltd. target

Sectors#Specialty Chemicals

“Both parties have agreed not to disclose financial details of the transaction.”paint.org

1 source
paint.orgBASF Completes Divestment of Shares in Two Joint Ventures — American Coatings AssociationApr 25, 2025

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

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