BASF Acquires Taiwanese TPU Adhesives Producer

As part of its drive to become an integrated solution provider for thermoplastic polyurethanes (TPU) and TPU-based adhesives, BASF is acquiring Taiwan Sheen Soon (TWSS), a producer of adhesives base material for TPUs.

The deal, for which financial details were not disclosed, is slated to close in 2015 following internal and external approvals. It will include the acquired company's business and all assets in Taiwan and mainland China.

BASF said the TWSS portfolio complements its own "established position" in TPU extrusion as well as injection moulding grades for applications with short innovation cycles, such as footwear.

"As TWSS has been at the forefront of TPU adhesives innovation, the acquisition is a strategic move that will strengthen BASF's competences in this important growth field," said Raimar Jahn, president of the German chemical giant's Performance Materials business segment.

The Taiwanese firm's assets, customers and employees will be integrated into BASF's existing legal entities and businesses. Jason Chou, owner and manufacturing director of TWSS, will continue to oversee the company's activities as a consultant to BASF.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.