An exciting new chapter for Master Builders Solutions!
Strong focus on customers and business continuity remain of highest priority
On Nov 1st, BASF publicly announced its decision to evaluate strategic options for the Construction Chemicals division. Below you can find the official statement by BASF:
BASF has announced its decision to evaluate strategic options for the Construction Chemicals division. This could for example be a merger with a strong partner or a divestiture. "We are doing this to ensure the successful development of the business in the long term," said Ralf Spettmann, president Construction Chemicals division.
Spettmann underlines: "For our customers, this means:
- All existing contracts with our customers and suppliers remain unaffected. Our focus will remain on our customers and on business continuity.
- We will continue to serve our customers with innovative solutions, excellent technical service and a high reliability.
- We remain committed to a high level of technical service in all our business lines across the globe.
- We will continue to invest into the reliability of our assets, we continue to upgrade our digital offerings and invest in innovations."
To reinforce this final point, we would like to take this opportunity to announce the opening of our dedicated Regional Development Laboratory for Master Builders Solutions. This investment marks a true milestone for both Master Builders Solutions and the Middle East region, allowing us to further the advancement of construction materials. Please click here to read the article detailing this proud moment in our history of over 100 years.
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