ALTA Performance Materials to Acquire BASF's Palatal Business in Chile
ALTA Performance Materials has reached an agreement to acquire the Palatal business from BASF (BASFY) located in Chile. This strategic acquisition is intended to expand ALTA's manufacturing footprint and operational presence within the South American market. The Palatal division specializes in the production of vinyl ester and unsaturated polyester resins. These materials serve a diverse range of critical industrial sectors, including construction, mining, aquaculture, transportation, and general industrial applications.
Tickers: $BASFY