BASF's coatings division has spun off, and the company retains a 40% stake in Surventis.

The entities involved

• BASF →

  German chemical company with worldwide reach

  • The chemical industry, including Bayer and BASF, is contending with competition from China while utilizing the Rhine as a vital link to global European markets.Sat 18:38
  • BASF operates through its North American business unit.Thu 01:56
• Qatar Investment Authority →

  Qatar's sovereign wealth fund founded in 2005

  • PBCQ seeks to deepen commercial engagement with Qatar Investment Authority and Qatar Financial Centre, leveraging Qatar as a vital regional hub.Thu 12:57
  • Qatar Investment Authority and J.P. Morgan Asset Management established a strategic partnership for a $20 billion commitment.Tue 10:13

Related events

• ChemSec reports on production decisions made by BASF, noting that both companies are major PFAS manufacturers.Sep 15
• BASF acquired the business of Engelhard in 2006.Wed 01:07