Germany’s BASF to take full control of Alsachimie joint venture
BASF will acquire DOMO Chemicals’ 49 per cent stake in Alsachimie, gaining full ownership by mid-2025, pending social body consultations. The move boosts BASF’s polyamide 6.6 operations in Chalampé, France, enhancing integration and supply reliability. Alsachimie, formed in 2020, makes key precursors like KA-oil and AH salt. DOMO will focus on tailored polyamide solutions in key sectors.
