Clariant completed the acquisition of North American assets of BASF for $60m.

Clariant, a Swiss specialty chemicals maker, completed the acquisition of North American assets of BASF, a German multinational chemical company, for $60m. “This acquisition fits very well with our growth strategy to grow through sustainability-focused innovations and bolt-on acquisitions. This acquisition will further nicely extend the footprint of our Functional Minerals business in North America and will further improve Clariant’s position in renewable fuels purification,” Conrad Keijzer, Clariant CEO.