Bob
12th December 2006, 01:26
German chemicals company BASF has signed an agreement to buy Chinese company Guilin REEcat Catalyst Co., Ltd, a motorcycle emissions-control catalyst manufacturer.
"This is an exciting step forward for BASF Catalysts," said Wayne T. Smith, President of BASF's Catalysts division. "As a world leader in catalysts, we believe it's important that we continue to expand our strong technology presence throughout the world, particularly in the fast-growing China market."
"This is an exciting step forward for BASF Catalysts," said Wayne T. Smith, President of BASF's Catalysts division. "As a world leader in catalysts, we believe it's important that we continue to expand our strong technology presence throughout the world, particularly in the fast-growing China market."