BASF to Divest its German Subsidiary BASF Wall Systems

BASF plans to divest its subsidiary BASF Wall Systems, together with the Marktredwitz site. Currently, BASF Wall Systems has approximately 190 employees, who will continue to be employed by the new owner.

The insulating materials Neopor, Styropor, Styrodur as well as insulating materials made of polyurethane are not affected by the planned divestiture. They remain integral parts of the BASF portfolio that contribute to the construction of energy-efficient buildings.