BASF closes purchase of DOMO Chemicals’ shares in Alsachimie JV
BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential polyamide (PA) 6.6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed to not disclose financial details of the transaction.
With full ownership of Alsachimie, BASF strengthens its operational footprint at the Chalampé site – its European hub for PA 6.6 production. The strategic decision enhances BASF’s ability to optimize backward integration into key raw materials, ensuring supply reliability and efficiency across the PA 6.6 value chain. For DOMO Chemicals, the transaction aligns with its strategy to continue to focus on delivering tailored polyamide solutions to core industries, including automotive, consumer goods, industrial, and electrical and electronics.
The transaction adds to BASF’s series of recent strategic measures aimed at further strengthening its PA 6.6 production capabilities at Chalampé site, including the newly inaugurated state-of-the-art hexamethylenediamine (HMD) plant as well as the expansion of the PA 6.6 polymerization capacity at the nearby site in Freiburg, Germany.
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