BASF Revamps Leather And Textile Chemicals Business

BASF SE, Germany, has announced plans to reorganize its Leather and Textile Chemicals business unit
(BU) to focus on the Asia-Pacific region and on high-value-adding applications.

Leather Chemicals will focus on core technologies for automotive and premium leather
applications. Textile Chemicals will focus on value-adding steps such as printing and finishing and
solutions for manufacturing premium textile items.

BASF will establish a global innovation center for its Leather and Textile Chemicals BU
within the BASF Innovation Campus in Shanghai.

The company will eliminate 65 positions, including 29 in Germany, to adjust to the BU’s new
setup, and will create approximately 23 positions to support anticipated growth in China, India and
Turkey.

The reorganization is expected to be completed by the end of 2014.

May/June 2013

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