BASF has completed its acquisition of the Sunoco phthalate plasticizer business.BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida has completed its acquisition of the Sunoco phthalate Phthal´ate n. 1. (Chem.) A salt of phthalic acid. plasticizer business. Included in the transaction are Sunoco's Pasadena, TX, site with the land, phthalic anhydride phthalic anhydride n. A white crystalline compound prepared by oxidizing naphthalene and used in the manufacture of phthaleins and other dyes. and oxo alcohol manufacturing plants, and the phthalate esters, 2-ethylhexanol and phthalic anhydride businesses. The unit had sales of approximately $150 million in 2002. Sunoco's Neville Island, PA, site, which is not being acquired, will manufacture plasticizers plasticizers mostly triaryl phosphates, such as tricresyl, triphenyl phosphates, which are poisonous. See also triorthocresyl phosphate. for BASF under a tolling agreement. The purchase price was $91 million. |
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