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BASF Completes Sale of Electrolytes Manufacturing Site in Suzhou, China

Divestiture includes a production site and transfer of 69 employees to Shenzhen Capchem.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

BASF has closed the previously announced transaction to sell its electrolytes manufacturing site in Suzhou, China, to Shenzhen Capchem Technology Co., Ltd. (Capchem), a leading supplier in the global electronics chemical industry.
 
The divestiture includes a production site and the transfer of 69 employees to Capchem.

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