BASF said today that it has signed an agreement to acquire a motorcycle catalyst business in mainland China to meet the growing global demand for emissions-control technology. BASF Catalysts LLC, a wholly owned subsidiary formed by BASF after its acquisition of Engelhard Corporation in 2006, will acquire Guilin REEcat Catalyst Co., Ltd (REEcat), a motorcycle emissions-control catalyst manufacturer based in Guilin, China. Terms of the deal .... |