BASF Completes Divestiture of Paper Hydrous Kaolin Business to Imerys

BASF has closed the previously announced transaction to divest its global paper hydrous kaolin (PHK) business to Imerys. Under a tolling agreement of limited duration, BASF will continue to manufacture and supply PHK products to Imerys to enable a smooth transition for customers. Included in the transaction is a kaolin milling facility in Wilkinson County, GA referred to as the “Gibraltar mill.”
 
BASF will continue to own and operate its other assets in Georgia, USA including kaolin reserves, mining and production facilities as well as a slurry facility in Ghent, Belgium.