BASF completes sale of Wibarco

The sale of BASF’s subsidiary Chemische Fabrik WIBARCO GmbH (Wibarco) to Hansa Chemie International AG has closed. Further approvals by the authorities are not required.

Wibarco, located in Ibbenb? in northern Germany, mainly produces linear alkylbenzene (LAB). LAB is a starting material for linear alkylbenzene sulfonate (LAS), a key component of most modern
detergents. Hansa Chemie International has acquired the workforce of approximately 80 employees and plans to develop the Ibbenb? site further.

Wibarco’s business was not strategically relevant to BASF. Following the sale of these activities, BASF’s Performance Chemicals division plans to systematically expand its business with its
strategic product lines for the detergents and cleaners industry.

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