DuPont to acquire Ultrafiltration Membrane Business from BASF.

DuPont Safety & Construction has signed acquired the Ultrafiltration Membrane business from BASF, including inge. Financial terms were not disclosed. The transaction, including the business' international workforce, its headquarters and production site in Greifenberg, Germany, and associated intellectual property currently owned by BASF, is expected to close by the end of 2019 subject to customary closing conditions and regulatory approvals. The combination of the DuPont and BASF ultrafiltration technologies adds to DuPont's leading portfolio of water purification and separation technologies including ultrafiltration, reverse osmosis and ion exchange resins. "As a global leader in innovative water solutions, we are continually looking for ways to help our customers solve water challenges around the world. This technology in combination with inge's expert team further broadens our portfolio and enhances our ability to design tailored, integrated solutions for drinking water, industrial and waste water treatment applications globally." Rose Lee, DuPont Safety & Construction President.