Entegris to acquire the precision microchemicals business from BASF for $90m.

Entegris, a supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, agreed to acquire the precision microchemicals business from BASF, a chemical company, with products spanning the full spectrum of commodities to specialities, for $90m. “The acquisition of BASF’s Precision Microchemicals business adds technical expertise, intellectual property and talent to our broad specialty chemicals portfolio. In particular, it will build on our leadership in the CMP slurry market for ultra-hard surface materials, serving some of the fastest growing end-markets globally, including electric vehicles and 5G communications," Bertrand Loy, Entegris President and CEO.