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BASF to cease operation of Idemitsu joint venture plant in Japan

BASF Idemitsu Co., Ltd. (BIC), a joint venture between BASF SE and Idemitsu Kosan Co., Ltd. (IKC), will be closing its 1,4-Butanediol (BDO) plant at Chiba, Japan in December 2020. The joint venture agreement between BASF and IKC will be terminated thereafter. BASF’s decision to close the BIC plant in mutual agreement with IKC is […]

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