BASF Divests Global Photoinitiator Business to IGM Resins

摘要

BASF has sold its global photoinitiator business to IGM Resins B.V., Netherlands, a global producer and supplier of radiation-curable material. High-performance photoinitiators dedicated to specific needs of electronics customers are not part of the divestment, as the electronics industry is one of BASF's strategic focus areas, the company reported. Photoinitiators are used in radiation-curing formulations in various industries. Typical end-user applications are coatings for furniture and flooring as well as inks for printing and packaging.