BASF on Thursday acquired the polyamide (PA) polymer
business of Mazzaferro Group in Brazil.
With the deal, BASF is strengthening its position with regard
to engineering plastics and polyamide polymers in South
America, the company says.
The companies agreed not to disclose financial details of
The deal includes the site and production facilities for the PA 6 product
range, as well as engineering plastics compounds at São
Bernardo do Campo in the metropolitan area of São
The polymerization plant has a capacity of roughly 20,000
metric tpy. Around 100 employees will transfer to BASF.
Meanwhile, Mazzaferros monofilaments, fishing
equipment and household products businesses are not part of the
transaction and will continue their operations at the Diadema
and São Paulo production sites.
The transaction is subject to post-closing approval from
BASF says it will integrate the acquired business into its
existing engineering plastics and polyamide polymer
This acquisition is part of BASFs strategy to
strengthen its position in the emerging countries. We will thus
increase production presence close to our customers, said
Dr. Wolfgang Hapke, president of BASFs performance
The demand for polyamide in the automotive and
extrusion industry will grow particularly strongly in
Brazil, he added. The new site enables us to share
in this growth and supply our South American customers with
locally manufactured products faster and more