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Subject: BASF buy Chinese bike catalyst maker


Author:
Bob
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Date Posted: 05:22:29 12/11/06 Mon

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."

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