ASC Investment, an investment firm, completed the acquisition of the catalysts site in De Meern from BASF, a chemical company. Financial terms were not disclosed. “We are delighted that BASF has chosen ASC as the best owner for its De Meern catalysts production site. IQatalyst is the leading player in its fields and is well known by its customers around the globe for its high-quality products. With a 130 years history, IQatalyst has a strong heritage in developing innovative and high efficiency catalysts, which is the perfect base for launching a phase of product and market expansions,” Johannes Pichler, ASC Managing Partner.