BASF Agricultural Solutions has reached an agreement with private equity firm Paine Schwartz Partners and other shareholders to acquire its portfolio group, AgBiTech, which specializes in biological insect control solutions. BASF will assume full ownership of AgBiTech, including all assets such as portfolio, intellectual property rights, manufacturing operations, as well as research and development facilities, and personnel.

With the further development of eMobility, the requirements for the ageing resistance of plastics in contact with chemicals are increasing significantly.