Sud-Chemie is paying BASF an undisclosed sum to acquire a catalysts production facility in China. Located in Nanjing, the facility produces more than 30 types of synthesis gas (syngas) catalysts.
"Acquiring syngas catalyst production in Nanjing is an important strategic cornerstone for the expansion of Sud-Chemie in China and expanding our catalyst business in Asia,? says Sud-Chemie chairman, Gunter von Au. ?With the new site, we strengthen our position in the Chinese growth market for catalysts for converting coal into high quality chemical products.?
