30 years of commitment
Chemical Industry Council of California

BASF to Acquire CRI-Criterion Global Styrene Catalysts Business


(Posted 11/29/10)

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ISELIN, NJ - "BASF announced today that it has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. . . . . Financial details of the transaction are not being disclosed. CRI/Criterion is a leading global manufacturer of chemical catalysts used in the dehydrogenation of ethylbenzene to styrene, which is a vital ingredient in the manufacture of plastics, rubber and resins. The acquisition provides a strong complement to BASF's existing styrene catalysts business."  Read press release.   CRI- Criterion Catalyst, a CICC Board Member company operates a facility in Pittsburg (Bay Point), CA.

 

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