BASF buys car window encapsulation business from Recticel
BASF, Germany, has signed an agreement with Recticel, Belgium, to acquire the company’s worldwide compounds business for polyurethane systems for glass encapsulation. The transaction, which is subject to approval by the relevant antitrust authorities, involves the polyurethane specialties business including Recticel’s patented aliphatic light stable compounds under the brand name Colofast.
The special PU technology is mainly employed for car glass encapsulation, an attractive niche market for the safe and tight connection of glass panes and car body. PU glass encapsulation is used for 7 percent of all glass applications in the automotive industry worldwide. In future the technology will also be used to considerably simplify and speed up the production process of solar panels.