AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
BASF has realigned its performance products segment following I the acquisition of Ciba Specialty Chemicals and given the segment an Ebitda margin target of 18% in 2012. It has set a minimum Ebit margin target of 20% for the segment by 2012, including the more recently announced
acquisition of Cognis-a huge increase on the 9.9% Ebitda margin achieved in 2009. Dispersions and pigments, one of five divisions within performance products and accounting for 26% of the segment's 9.4-billion [euro] ($12.6 billion) sales in 2009, has been tasked to grow faster than the rest of the segment, Markus Kramer, president/dispersions and pigments tells CW.. The division also includes resins and additives, and it serves mainly the paints and coatings, printing and packaging, construction, and adhesives industries.
Kramer and Andreas Turk, group v.p./ global restructuring of pigments, outlined the strategy for the …