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BASF and Sabo Enter into License Agreement for Light Stabilizer Chimassorb® 2020 - BASF announces today that it has entered into an agreement to license the Chimassorb® 2020 technology to SABO SpA - BASF.com
BASF and Sabo Enter into License Agreement for Light Stabilizer Chimassorb® 2020

 

PRZOOM - /newswire/ - Ludwigshafen, Germany, 2013/10/01 - BASF announces today that it has entered into an agreement to license the Chimassorb® 2020 technology to SABO SpA - BASF.com. DE000BASF111

   
 
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Chimassorb® 2020, a highly successful innovation of BASF, combines exceptionally high UV and long-term thermal stability in applications such as polypropylene fibers and tapes. Demand for solutions based on Chimassorb® 2020 has been steadily increasing, and the technology will grow as the product of choice for many applications.

By granting a license to Sabo BASF responds to the need of customers world-wide for product availability and supply security of solutions based on Chimassorb® 2020.

About BASF Plastic Additives

The Plastic Additives business of BASF (plasticadditives.basf.com) is a leading manufacturer, supplier and innovation partner of additives and pigments for the plastics industry such as ultraviolet (UV) light stabilizers, antioxidants and process stabilizers, organic and inorganic pigments, effect pigments, and other additives.

About BASF

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 had sales of €72.1 billion in 2012 and 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).

Chimassorb® 2020 is a registered trademark of BASF SE

 
 
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BASF and Sabo Enter into License Agreement for Light Stabilizer Chimassorb® 2020

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BASF | Sabo
Contact: Birgit Wesche - BASF.com 
+49 621 60-42286 birgit.wesche[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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