New standalone entity named BASF Environmental Catalyst and Metal Solutions and headquartered in Iselin, New Jersey
Carve-out completed in expected 18 months as previously communicated
BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). The company’s intention to carve out the entity was first announced in December 2021 with an expected completion timeframe of 18 months.
“We have reached this important milestone on time while retaining business continuity for our customers, partners and employees,” said Dr. Markus Kamieth, Member of the Board
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