PRZOOM - /newswire/ -
Winterthur, Switzerland, 2013/04/03 - BASF and Atlas Copco have signed an agreement to cooperate on sprayed concrete technology and expertise for tunneling and mining, following the sale of BASF’s MEYCO Equipment business to Atlas Copco - BASF.com. DE000BASF111
• Partnership will further develop sprayed concrete chemistry and equipment technology;
• Cooperation follows sale of MEYCO Equipment business to Atlas Copco.
“BASF’s expert knowledge in chemical solutions for sprayed concrete together with Atlas Copco’s global expertise in underground tunneling and mining equipment will drive the optimization of sprayed concrete application,” said Daniel Ruckstuhl, Vice President and head of BASF’s Global Underground Construction business. “The cooperation between the two market leaders creates a globally unmatched partnership to further develop sprayed concrete chemistry and equipment technology. This joint effort is formed to enable high performance solutions supporting safety and cost and time efficiency in tunneling and mining projects . We are pleased to announce this cooperation and look forward to working together,” he added.
The demand for high quality, durable sprayed concrete which offers greater safety and reduces health risks and negative impact on the environment in tunneling and mining is ever increasing.
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of €72.1 billion in 2012 and had more than 110, 000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).
About the Construction Chemicals division
BASF’s Construction Chemicals division offers advanced chemicals solutions for new construction, maintenance, repair and renovation of structures: Our comprehensive portfolio encompasses c oncrete admixtures, cement additives, chemical solutions for underground construction, waterproofing systems, sealants, concrete repair & protection systems, performance grouts, performance flooring systems, tile fixing systems, expansion control systems and wood protection solutions.
The Construction Chemicals division’s 6,400 employees form a global community of construction experts. To solve our customers’ specific construction challenges from conception through to completion of a project, we combine our know-how across areas of expertise and regions and draw on the experience gained in countless construction projects worldwide. We leverage global BASF technologies, as well as our in-depth knowledge of local building needs, to develop innovations that help make our customers more successful and drive sustainable construction.
The division operates production sites and sales centers in more than 60 countries and achieved sales of about €2.3 billion in 2012.