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BASF to sell its mining solutions business to SNF, deal expected to close in 2027.

Company Fundamentals
13 Nov 2026, 01:44 WIB
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BASF to sell its mining solutions business to SNF, deal expected to close in 2027.

BASF has agreed to sell its global mining solutions business to SNF, a specialty chemical company based in France, following a strategic review of BASF's Performance Chemicals division. The deal includes BASF's mining chemicals portfolio, production site in Ireland, and about 140 employees. The transaction, pending regulatory approvals, is expected to close in 2027. SNF aims to strengthen its mining business by integrating BASF's products and expertise, ensuring continuity for customers worldwide.

BASF's sale of its mining solutions business to SNF provides context for Basic Materials sector activity on Pluang as of Nov 13, 2026 01:11 WIB. Among 83 priced US Basic Materials stocks, only 13 rose while 70 fell. Aya Gold & Silver Inc. traded at USD 23.52 with a 1-day change of -3.96% and full buy-side order activity, contrasting with i-80 Gold Corp. at USD 1.30 down 4.04%, and Hecla Mining Company at USD 13.59 down 3.75%.

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