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BASF India completes divestiture of Construction Chemicals business

01 Jul 2020 Evaluate

BASF India has completed divestiture of Construction Chemicals business to Master Builders Solutions India with effect from July 01, 2020. The Company has received an overall consideration of Rs 595.16 crore towards the said divestiture.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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