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BASF Completes Acquisition of Degussa’s Construction Chemicals Business

On July 1, 2006, BASF completed its acquisition of the Degussa AG global Construction Chemicals business. This strategic initiative positions the company to tap into the growth potential of the construction chemicals market on a sustainable basis. With headquarters in Germany, the global BASF Construction Chemicals division consists of Admixture Systems and Construction Systems businesses, and is the largest manufacturer of construction chemicals worldwide.

In North America, the BASF Admixtures business unit will continue to market the respected Master Builders brand of products and solutions to the ready mix, precast, manufactured concrete products, paving and underground construction markets.

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