Targor PP Process Goes to Equistar.Equistar Chemicals, LP, Houston has formed a joint venture that will acquire the Novolen PP polymerization polymerization Any process in which monomers combine chemically to produce a polymer. The monomer molecules—which in the polymer usually number from at least 100 to many thousands—may or may not all be the same. technology business from Targor GmbH of Germany, a subsidiary of BASF AG BASF AG German chemical and plastics manufacturing company. Founded in 1865, BASF (the full German name means “Baden Aniline and Soda Factory”) was part of the chemical cartel IG Farben from 1925 until 1945, when the latter was dissolved by the Allies. . The other partner in the venture is engineering/construction firm ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Lummus Global. Targor is selling the Novolen technology business--including catalyst and metallocene technology rights--to satisfy European Commission conditions for approving the pending merger of Targor, Elenac, and Montell. That merger is expected to close in the fourth quarter. Equistar will own 20% and ABB Lummus 80% of the new Novolen Technology Holdings C.V. ABB will manage the partnership and licensing business. Catalyst, product, and application development will be handled by Equistar and 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 . |
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