BASF to combine all pigments activities under one unit

BASF is setting up a global business unit (GBU) combining all of its pigments activities effective January 2016. In the second half of 2016, BASF intends to draw out its pigments business and establish separate legal entities.

With sales of about €1 billion in 2014 and 2,500 employees globally, BASF holds a leading position in the pigments market with its broad portfolio of products and technology. The new GBU will likely be headquartered in the Ludwigshafen in Germany. All employees who are dedicated to the pigments business will be transferred to the new GBU.

“We have achieved and maintained a leading position in the pigments market through acquisitions and a series of successful restructuring measures. The new global business unit will fully concentrate on the pigments business and thus be even more focused on supporting the needs of our pigments customers,” said Dr. Markus Kramer, President of BASF’s Dispersions & Pigments division.

BASF’s pigments business serves a variety of industries including paints & coatings, printing & packaging and plastics. The portfolio comprises of color pigments such as phthalocyanines, high performance pigments, azo pigments, effect pigments, inorganic pigments, dyes and pigment preparations.

The Dispersions & Pigments division of BASF develops, produces and markets a range of high-quality pigments, resins, additives and polymer dispersions worldwide. These raw materials are used in formulations for coatings and paints, printing and packaging products, construction chemicals, adhesives, fiber bondings, plastics, paper as well as for electronic applications such as displays.