BASF Agrees to Sell Mining Solutions Business to French Specialty Chemical Company SNF
By Dominic Chopping
BASF said Thursday it agreed to sell its mining solutions business to French specialty chemical company SNF following a strategic review.
The deal comes after the German chemical company earlier this year launched a new corporate plan to focus on core businesses while streamlining its organization and allocating capital toward high-growth markets.
The mining business being divested includes a portfolio of mining chemicals and technologies used in the extraction of resources, as well as a production site in Cork, Ireland.
"BASF continuously evaluates its portfolio to sharpen strategic focus," said BASF executive board member Anup Kothari. "We are confident that SNF is the right owner to further develop the mining solutions portfolio."
The deal is expected to close in 2027, subject to regulatory approval. Financial terms weren't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 12, 2026 08:49 ET (13:49 GMT)
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